Modelling probability of SME dafaulting loan payments ab 39.9 € als Taschenbuch: . Aus dem Bereich: Bücher, Wissenschaft, Wirtschaftswissenschaft,
Securing Mobile Payments: Modelling Design and Analysis ab 79 € als Taschenbuch: Discovering a new way to perform secure payment transactions over wireless networks. Aus dem Bereich: Bücher, English, International, Gebundene Ausgaben,
Modelling probability of SME dafaulting loan payments ab 39.9 EURO
Securing Mobile Payments: Modelling Design and Analysis ab 79 EURO Discovering a new way to perform secure payment transactions over wireless networks
This study focuses on modelling the probability of Small to Medium Enterprises (SMEs) defaulting payment in the event of them receiving loans.Under investigation were the factors that affect both default and survival of businesses since the default probability was based on survival analysis. Data drawn was analyzed using Cox Regression, a semi-parametric survival technique whose aspects of hazard and survival functions were a base for the analysis.The results interpreted on the basis of the fitted hazard ratios and overall Cox Proportional Hazards Model indicated that there is an inverse relationship between probability of survival and that of default. As reflected by the outcome of this study, businesses that have more time in operation are less likely to default payment. Entrepreneurs pee-possessing self-employment, work experience and training qualifications, have a positive impact on survival of the businesses they are to start and run. In addition,the size of a loan and location of a business have no significant effect on the hazard(risk) associated with lending to SMEs.
The content of this book is brought from a PhD Thesis titled "Modelling, Design, and Analysis of Secure Mobile Payment Systems" at Monash University, Australia. This book covers all aspects of mobile payments. It starts with introducing formal modelling of a general eletronic payment system, a mobile payment system, including the characteristics of a secure mobile payment system. Chapter 5 and 9 of this book discuss several account-based and token- based mobile payment systems which are practical for a real-world application. Chapter 7 of this book presents a formal analysis based on Accountability which is one of the most important security properties for electronic transactions. The formal logic presented in this chapter is capable of analyzing any electronic payment protocols. In chapter 8, we present a limited-use session key generation and distribution technique for Internet transactions. This book is suitable for scientists, protocol designers, and graduate students who find themselves interested in security aspects in mobile payment systems.
Exchange rates and other kinds of traded financial functions such as interest rates, stock prices are prone to constant variability. This variability influences the flow of goods, services, and capital in a country, and exerts strong pressure on the balance of payments, inflation and other macroeconomic variables. Particularly, the exchange rate of Naira in relation to many other currencies of the world fluctuate such that their returns over different periods of time are significantly volatile and difficult to forecast. This problem of exchange rate variability have become too disturbing, thus the need to model this fluctuation. The empirical evidence provided in this study uses ARCH and GARCH models for modelling this variability in rate as they are found to capture the stylised facts of financial returns such as: leptokurtosis, volatility clustering, intermittency, fat tails, leverage effect etc. As such, this book comes handy as it could be employed in assessing the condition of the financial markets for making decisions by investors, speculators, investment managers and financial regulators, both in a developed and a developing economy.
The collapse of the communist regimes in Central and Eastern Europe heralded the beginning of an economic transition from central planning to market economies. The subsequent period was marked by malfunctioning of these countries social sectors, including their health care systems, raising serious issues of equity. This book examines the impact of the transition period and the introduction of social insurance on equity in health care provision in Bulgaria. Equity in health care is investigated with respect to function - i.e. financing and delivery - and outcomes - i.e. health status, income inequality and poverty. The methodology provides new ways of modelling health care financing and delivery. The book concludes that social insurance does not provide a uniform means of improving equity and that the root cause of the problem lies in the large proportion of out-of-pocket payments and the rather limited size of the health insurance sector. The data suggests that there are differences between socio-economic groups as regards their likelihood to seek treatment for their ill health, which result in differences in their health status.
This book, which is the first to be published in the emerging field of farm-level microsimulation, highlights the different methodological components of microsimulation modelling: hypothetical, static, dynamic, behavioural, spatial and macro-micro. The author applies various microsimulation-based methodological tools to farms in a consistent manner and, supported by a set of Stata codes, undertakes analysis of a wide range of farming systems from OECD countries. To these case studies, O'Donoghue incorporates farming policies such as CAP income support payments, agri-environmental schemes, forestry planting incentives and biomass incentives - in doing so, he illuminates the merits of microsimulation in this environment.