How Could The Model That Blew Up Wall Street Blow Up Wall Street? One of the alleged culprits of the financial crisis is the Gaussian Copula, a pretty straightforward probability model. All this model does is map the probabilities of individual events into the probability of several events happening. For example, it takes the probabilities of individual mortgages defaulting and determines the probability that all mortgages will default. For those holding ...
Aug. 1, 2013 - Forbes
Richard Wagner in Photonics Online A beam's size, shape, uniformity, or approximation to a Gaussian distribution can make or break an application,stated Gary Wagner, President, Ophir-Spiricon Inc. "The beam profile must be optimized at the application level. This ensures...