For simultaneous dimension reduction and variable selection for general regression models, including the multi-index model as a special case, we propose a penalized minimum average variance estimation ...

It is shown that the technique of Sathe and Varde for finding MVUE's of reliability functions can be extended to the estimation of other functions of parameters by the introduction of an auxiliary ...

Financial institutions have to add a margin of conservatism of type C (MoC C) to their estimates of probability of default in order to account for the statistical uncertainty involved. European ...