Thursday, June 25th, 2009

The Gaussian Copula Function, Part Two: Broken Heart Syndrome

“This thesis is dedicated to my deceased parents who would be very happy to see their youngest child completing his PhD Studies”
-David X. Li, then Xiang Lin Li, Dedication of PhD Thesis “An Estimating Function Approach to Credibility Theory.”
So we left off with the description of the climate that made an end, all [...]

Friday, June 5th, 2009

The Calculus of a Crisis: The Gaussian Copula Function

“We hope to do to this industry what Wal-Mart did to theirs, Starbucks did to theirs, Costco did to theirs and Lowe’s-Home Depot did to their industry. And I think if we’ve done our job, five years from now you’re not going to call us a bank. You’re not going to [...]