The Committee believes that a successful implementation of the revised Framework will provide banks and supervisors with critical experience necessary to address such challenges. The Committee understands that the IRB approach represents a point on the continuum between purely regulatory measures of credit risk and an approach that builds more fully on internal credit risk models. In principle, further movements along that continuum are foreseeable, subject to an ability to address adequately concerns about reliability, comparability, validation, and competitive equity.......
After we have set out the objectives for an investment, considered the challenges to reaching them, developed a strategy with the optimal chance of meeting our goals, allocated assets to asset classes and managers, and purchased the securities to build our portfolios, the next step is to check the results. Investment performance measurement is the quantification of the results achieved by an investment program. This book describes and demonstrates the techniques we use to measure investment performance....
The fundamentals of an alternative approach to solving tomorrow’s measurement challenges
Angelika Gratzfeld-Hüsgen and Rainer Schuster
Acknowledgements We would like to thank Christine Miller and John Jaskowiak for their contributions to this primer. Mrs. Miller is an application chemist with Agilent Technologies and is responsible
After we have set out the objectives for an investment, considered the challenges
to reaching them, developed a strategy with the optimal chance of
meeting our goals, allocated assets to asset classes and managers, and purchased
the securities to build our portfolios, the next step is to check the
results. Investment performance measurement is the quantification of the
results achieved by an investment program. This book describes and demonstrates
the techniques we use to measure investment performance....
Perhaps quantum mechanics is viewed as the most remarkable development in 20th century physics. Each successful theory is exclusively concerned about "results of measurement". Quantum mechanics point of view is completely different from classical physics in measurement, because in microscopic world of quantum mechanics, a direct measurement as classical form is impossible. Therefore, over the years of developments of quantum mechanics, always challenging part of quantum mechanics lies in measurements.
Thermal noise from optical coatings is a growing area of concern, and overcoming limits
to the sensitivity of high-precision measurements by thermal noise is one of the greatest
challenges faced by experimental physicists.
In this timely book, internationally renowned scientists and engineers examine our
current theoretical and experimental understanding. Beginning with the theory of thermal
noise in mirrors and substrates, subsequent chapters discuss the technology of depositing
coatings and state-of-the-art dielectric coating techniques used in precision measurement.
The Committee believes that a successful implementation of the revised Framework will provide banks and supervisors with critical experience necessary to address such challenges. The Committee understands that the IRB approach represents a point on the continuum between purely regulatory measures of credit risk and an approach that builds more fully on internal credit risk models. In principle, further movements along that continuum are foreseeable, subject to an ability to address adequately concerns about reliability, comparability, validation, and competitive equity....
Flow measurement is a basic tool in industry, engineering and research. The existing
applications reveal the evolution and development of new methods and devices
through the years. Some of the latest emerging technologies, such as microelectronics
and nanotechnology, have put forward new challenges in the flow measurement and
are treated at the beginning of this book.
This book comprises 8 chapters divided into 4 sections, starting with “microflows”,
followed by the “biphasic” and “gas flow”.
Natural language generation (NLG) systems are notoriously hard to evaluate. On the one hand, simply comparing system outputs to a gold standard is not appropriate because there can be multiple generated outputs that are equally good, and ﬁnding metrics that account for this variability and produce results consistent with human judgments and task performance measures is difﬁcult (Belz and Gatt, 2008; Stent et al., 2005; Foster, 2008). On the other hand, lab-based evaluations with human subjects to assess each aspect of the system’s functionality are expensive and time-consuming. ...
The construct of adaptive behavior: Its conceptualization, measurement, and use in the field of intellectual disability updates the current conceptualization, measurement, and use of the adaptive behavior construct.
Prof Yoswa Dambisya (University of Limpopo/EQUINET) scoped the Consultation over the
three days, emphasising the links between activities in Day One to subsequent discussions.
Day One would focus on country policies, positions and plans, with a view to identifying
common ground, common challenges and common approaches. He encouraged delegates
to ask: What can we do together, and what do we differently? He asked delegates to find
ways of pulling in the same direction, in the Kenyan spirit of “Harambee”.
We present a large-scale meta evaluation of eight evaluation measures for both single-document and multi-document summarizers. To this end we built a corpus consisting of (a) 100 Million automatic summaries using six summarizers and baselines at ten summary lengths in both English and Chinese, (b) more than 10,000 manual abstracts and extracts, and (c) 200 Million automatic document and summary retrievals using 20 queries.
From the very beginning of the transition from the traditional purchasing system reviews to the
redesigned assessment approach that replaced them, it was understood that further refinement
and continuous improvement was planned. Consistent with that long-term strategy, and building
on the originally redesigned federal purchasing assessments, the business system assessment
models of the PEAmembers have evolved to be more aligned with the Balanced Scorecard
(BSC) approach to performance measurement and management, which is currently in use by
many “world class” private corporations.
CRM strategy (Customer Relationship Management) is a business philosophy, stemming from Relationship Marketing that joins strategy and technology, with the aim of creating value for both customers and the company. In this paper we justify the interest of establishing a formal system to measure CRM performance. In order to do that, we first focus on the role of marketing performance measurement throughout the time. Then, we compare different frameworks and metrics used to measure performance in the CRM era.
After years of experience with building systems, the information systems (IS) community is still challenged by systems delivery, that is, planning the implementation project, determining system features and requirements, sourcing and deploying the software, and managing its evolution.
The papers in this volume explore the key issues linked to this shift, including: ' Increasing research into the Earth Sciences, climate reconstruction and forecasting in order to decrease the degree of uncertainty about the origin, development and implications of climate change; ' The introduction of more binding and comprehensive regulation of both greenhouse gas emissions and adaptation measures, like that in the United Kingdom; ' Matching climate policy with that for disasters and mainstreaming it into overall development strategies.
Private landowners or Federal Agencies responsible for cleaning up radiological environments are faced with the challenge of clearly defining the nature and extent of radiological contamination, implementing remedial alternatives, then statistically verifying that cleanup objectives have been met.
Stereopsis is a vision process whose geometrical foundation has been known for a long
time, ever since the experiments by Wheatstone, in the 19th century. Nevertheless, its
inner workings in biological organisms, as well as its emulation by computer systems,
have proven elusive, and stereo vision remains a very active and challenging area of
research nowadays. In this volume we have attempted to present a limited but relevant
sample of the work being carried out in stereo vision by researchers from around
The advantages and limitations of conventional structural MRI for the diagnosis and
monitoring of MS are discussed by Andreadou (Chapter 15). There is often a disparity
between the level of structural abnormality seen on MRI and level of cognitive
difficulties expressed by the patient with MS. Clinical interview and
neuropsychological assessment are vitally impairment, not only from an initial
diagnostic perspective but also in terms of longer term planning and care.
Since 2005, the international development
perspectives have broadened, with new funding
sources, partnerships and configurations of
stakeholders. Global public-health initiatives
such as the Global Alliance for Vaccines and
Immunisation (GAVI) and the Global Fund to fight
AIDS, Tuberculosis and Malaria (GFATM) have
matured their operations and increasingly become
significant sources of revenue for national health
budgets in many low-income countries.