No description available.

<p>In this thesis an approach to CDO tranche valuation is described.</p><p>This approach allows to check market quotes for arbitrage opportunities,</p><p>to obtain expected portfolio losses from the market quotes</p><p>and to price CDO tranches with non-standard maturities and attachment/</p><p>detachment points. A significant advantage of this approach is</p><p>the possibility to avoid the necessity of construction of a correlation</p><p>structure between names in the reference basket. Standard approaches</p><p>to CDO valuation, based on copula functions are also considered.</p>

Working in projects is a common work-method of many companies today, andproject portfolios, a tool to manage all projects and ideas, are frequently used. Whenchoosing which project idea to start as a project the expected benefits have to bevalued, because they are what motivate a project to start. The expected benefits areeffects of the project result and should be well formulated and well prepared. It is theorderer’s responsibility to both formulate and evaluate them when project result hasbeen delivered. The problem with orderers is they often lack knowledge in projectmanagement and they believe the project manager should formulate the project idea,with its benefits. This misconception can be handled by providing relevant informationto anyone having an idea for a project. The information should be handled by theproject office´s because they are what orderers first turn to when having an idea. Theevaluation after project execution has to be demanded by the Project PortfolioManagement that manages the project portfolio, to make sure it is performed. Manyorderers claim they lack time to perform it and lack interest because they havealready gotten what they requested. However, an evaluation is of greater use than forthe single orderer, it will able the company to learn from both mistakes and successesmade in the project formulation. The Forum will also be able to know if theinvestment has paid off.

In this thesis an approach to CDO tranche valuation is described. This approach allows to check market quotes for arbitrage opportunities, to obtain expected portfolio losses from the market quotes and to price CDO tranches with non-standard maturities and attachment/ detachment points. A significant advantage of this approach is the possibility to avoid the necessity of construction of a correlation structure between names in the reference basket. Standard approaches to CDO valuation, based on copula functions are also considered.

Class of 2007 Abstract / Objectives: The purpose of this study was to evaluate the required didactic curriculum of the graduating class of 2007 of the University of Arizona College of Pharmacy by assessing the extent that it satisfied the Outcomes Expected document. The curriculum was evaluated specifically for the disease states of diabetes and hypertension, as well as general pharmacy areas. This also offered insight into which areas of the document needed to be addressed more completely in the pharmacy curriculum. Methods: This was a retrospective analysis using the graduating class of 2007 as a cohort for evaluating the competencies. Course materials from required courses were reviewed to identify components that were met. Results: When all components were analyzed, the curriculum addressed 85.2% of the outcomes expected. All but 1 component of Domain 1.0 was covered, 95.8% (23/24), and Domain 2.0 was completely covered (23/23). While Domain 3.0 was not addressed in the required curriculum, students may have experienced these competencies through extracurricular activities. Coverage of both disease specific topics, diabetes and hypertension, was evidenced identically with course material. All components specific to the disease state were covered 85.7% (18/21). Domain 1.0 was addressed 88.9% (16/18), Domain 2.0 was addressed 66.7% (2/3), and Domain 3.0 was not addressed in the documentation. Conclusions: The documented curriculum of the graduating class of 2007 at the University of Arizona College of Pharmacy did not fulfill all components in the Outcomes Expected document. While some areas may have been addressed, documentation was lacking. We encourage course directors to reevaluate their curriculum to ensure areas not evidenced with coverage are addressed. We also urge more stringent documentation of the areas that were not evidenced with documentation.

The game of Cribbage has a complex way of counting points in the hands that are dealt to each player. Each player has a choice of what cards to keep and what cards to throw into an extra hand, called the crib, that one of the players gets to count towards his score. Ideally, you could try to keep the most points possible in your hand and your crib, or, conversely, the most points in your hand with the fewest points in your opponent’s crib. To add to the fun, a final card is randomly chosen that all three hands share. This thesis deals with finding optimal expected values for each player’s hand and the crib. Unfortunately, finding the exact optimal values is very difficult. However, I have managed to get bounds on the optimal values.

MAYORGA, Rodrigo de Oliveira. An application of value at risk and expected shortfall / Rodrigo de Oliveira Mayorga. - 2016. 60f. Tese (Doutorado) - Universidade Federal do Ceará, Programa de Pós Graduação em Economia, CAEN, Fortaleza, 2016. / Submitted by Mônica Correia Aquino (monicacorreiaaquino@gmail.com) on 2017-06-07T18:33:28Z No. of bitstreams: 1 2016_tese_romayorga.pdf: 23551041 bytes, checksum: c9a78d3b82daf878118fea8674fe02e8 (MD5) / Approved for entry into archive by Mônica Correia Aquino (monicacorreiaaquino@gmail.com) on 2017-06-07T18:33:45Z (GMT) No. of bitstreams: 1 2016_tese_romayorga.pdf: 23551041 bytes, checksum: c9a78d3b82daf878118fea8674fe02e8 (MD5) / Made available in DSpace on 2017-06-07T18:33:45Z (GMT). No. of bitstreams: 1 2016_tese_romayorga.pdf: 23551041 bytes, checksum: c9a78d3b82daf878118fea8674fe02e8 (MD5) Previous issue date: 2016 / The last two decades have been characterized by significant volatilities in financial world marked by few major crises, market crashes and bankruptcies of large corporations and liquidations of major financial institutions. In this context, this study considers the Extreme Value Theory (EVT), which provides well established statistical models for the computation of extreme risk measures like the Value at Risk (VaR) and Expected Shortfall (ES) and examines how EVT can be used to model tail risk measures and related confidence interval, applying it to daily log-returns on four market indices. These market indices represent the countries with greater commercial trade with Brazil for last decade (China, U.S. and Argentina). We calculate the daily VaR and ES for the returns of IBOV, SPX, SHCOMP and MERVAL stock markets from January 2nd 2004 to September 8th 2014, combining the EVT with GARCH models. Results show that EVT can be useful for assessing the size of extreme events and that it can be applied to financial market return series. We also verified that MERVAL is the stock market that is most exposed to extreme losses, followed by the IBOV. The least exposed to daily extreme variations are SPX and SHCOMP. / As duas últimas décadas têm sido caracterizadas por volatilidades significativas no mundo financeiro em grandes crises, quebras de mercado e falências de grandes corporações e liquidações de grandes instituições financeiras. Neste contexto, este estudo considera a evolução da Teoria do Valor Extremo (EVT), que proporciona modelos estatísticos bem estabelecidos para o cálculo de medidas de risco extremos, como o Value at Risk (VaR) e Espected Shortfall (ES) e examina como a EVT pode ser usada para modelar medidas de risco raros, estabelecendo intervalos de confiança, aplicando-a aos log-retornos diários a quatro índices de mercado. Estes mercados representam os países com maior intercâmbio comercial com o Brasil (China, U.S. e Argentina). Calculamos o VaR e ES diários dos índices IBOV, SPX, SHCOMP e MERVAL, com dados diários entre de 02 de janeiro de 2004 e 08 de setembro de 2014, combinando a EVT com modelos GARCH. Os resultados mostram que EVT pode ser útil para avaliar o tamanho de eventos extremos e que ele pode ser aplicado a séries de retorno do mercado financeiro. Verifica-se ainda que MERVAL é o mercado de ações que está mais exposta a perdas extremas, seguido do IBOV. Os menos expostos a variações extremas diárias são SPX e SHCOMP.

No description available.

The primary goal of the register allocation phase in a compiler is to minimize register spills to memory. Spills, in the form of store and load instructions, affect execution time as the processor must wait for the slower memory system to respond. Deciding which registers to spill can benefit from execution frequency information yet when this information is available it is not fully utilized by modern register allocators. We present a register allocator that fully exploits profiling information to mini- mize the runtime costs of spill instructions. We use the Furthest Next Use heuristic, informed by branch probability information to decide which virtual register to spill when required. We extend this heuristic, which under the right conditions can lead to the minimum number of spills, to the control flow graph by computing Expected Distance to next use. The furthest next use heuristic, when applied to the control flow graph, only par- tially determines the best placement of spill instructions. We present an algorithm for optimizing spill instruction placement in the graph that uses block frequency infor- mation to minimize execution costs. Our algorithm quickly finds the best placements for spill instructions using a novel method for solving placement problems. We evaluate our allocator using both static and dynamic profiling information for the SPEC CINT2000 benchmark and compare it to the LLVM allocator. Targeting the ARMv7 architecture, we find average reductions in numbers of store and load instructions of 36% and 50%, respectively, using static profiling and 52% and 52% using dynamic profiling. We have also seen an overall improvement in benchmark speed. / Graduate

Expected mindreading is the belief that romantic partners should know one’s needs and feelings without overt communication. This dysfunctional belief is predicted to undermine relationship satisfaction, yet previous research provides mixed support. In two studies, I test my prediction that individuals higher in expected mindreading would be more reactive to misunderstandings by assessing relationship quality and attributions after participants imagined feeling understood or misunderstood by their romantic partner. In Study 1 (introductory psychology students), participants who felt misunderstood and were higher in expected mindreading were more likely to attribute misunderstandings to their partner’s lack of love than those who felt understood or were lower in expected mindreading. In Study 2 (community sample), satisfaction was lower for individuals who felt misunderstood and were higher in expected mindreading, compared to those who felt understood and were lower in expected mindreading. These findings have important implications for relationship counseling. / October 2016