Most loan evaluation methods in peer-to-peer(P2P)lending mainly exploit the borrowers’credit information.However,the present study presents the maturity-based lender composition score,which exploits the investment ca...Most loan evaluation methods in peer-to-peer(P2P)lending mainly exploit the borrowers’credit information.However,the present study presents the maturity-based lender composition score,which exploits the investment capability of a group of lenders who fund the same loan,to enhance the P2P loan evaluation.More specifically,we extract lenders’profiles in terms of performance,risk,and experience by quantifying their investment history and develop our loan evaluation indicator by aggregating the profiles of lenders in the composition.To measure the ability of a lender for continuous improvement in P2P investment,we introduce lender maturity to capture this evolvement and incorporate it into the aggregation process.Our empirical study demonstrates that the maturity-based lender composition score can serve as an effective indicator for identifying loan quality and be included in other commonly used loan evaluation models for accuracy improvement.展开更多
Many existing real time commit protocols try to improve system performance by allowing a committing cohort to lend its data to an executing cohort, thus reducing data inaccessibility. They block the borrower from send...Many existing real time commit protocols try to improve system performance by allowing a committing cohort to lend its data to an executing cohort, thus reducing data inaccessibility. They block the borrower from sending WORKDONE/PREPARED message and restrict them from lending data so that transaction abort chain is limited to one. Thus, transaction execution time increases. This paper proposes a modified real time commit protocol for distributed real time database systems (DRTDBS), Allow Commit Dependent and in Time borrowers for Incredible Value added data lending without extended abort chain (ACTIVE), where borrower cohorts are categorized as commit and abort dependent. Further, the commit dependent borrowers can lend data to executing cohorts with still limiting the transaction abort chain to one only and reducing the data inaccessibility. Also, an incoming executing cohort having borrowing factor greater than one can only borrow the dirty data items from lender. This minimizes the fruitless borrowing by the cohort. The performance of ACTIVE is compared with PROMPT, 2SC and SWIFT protocols for both main memory resident and disk resident databases with and without communication delay. Simulation results show that the proposed protocol improves the system performance up to 4% as transaction miss percentage.展开更多
THE New Development Bank（NDB）,popularly known as the＂BRICS bank,＂established by Brazil,Russia,India,China and South Africa,should open for business before the end of the year.The bank will be based in Shanghai,but...THE New Development Bank（NDB）,popularly known as the＂BRICS bank,＂established by Brazil,Russia,India,China and South Africa,should open for business before the end of the year.The bank will be based in Shanghai,but its first chairman is India＇s Kundapur Vaman Kamath.The importance India attaches to this post is shown by Kamath being,prior to his appointment,chairman of ICICI Bank,India＇s largest private lender.展开更多
Financial resilience refers to a start-up's capacity to anticipate,plan for,respond to,and adapt to gradual change and abrupt unforeseen shocks to survive and thrive by enacting appropriate economic policies to de...Financial resilience refers to a start-up's capacity to anticipate,plan for,respond to,and adapt to gradual change and abrupt unforeseen shocks to survive and thrive by enacting appropriate economic policies to decrease budget deficits.Economic history tells us that more companies fail to emerge from a downturn than go into or during it.Many studies have been done on financial resilience in many dimensions,but no one has studied start-ups’organizational readiness for financial resilience.This gap inspires the current research,which uses the Total Interpretive Structural Modelling(TISM)approach to identify financial resilience factors and analyze hierarchical interrelationships start-ups’organizational readiness factors for financial resilience.This article aims to identify,assess,and categorize start-up organizational preparation elements for financial resilience.The result shows that the first importance should be given to digital financial innovation,liquidity planning,going concern consideration,financial strategy of CFOs,and cyberthreats.Managers of start-ups can utilize the findings of this study to prepare for financial resilience professionally.In a fast-paced environment,start-ups may use financial resilience to gain a competitive edge.展开更多
New development lender in Asia assists with regional infrastructure connectivityThe Asian Infrastructure Investment Bank（AIIB）announced on April 6 that it had admitted 13 new members,bringing its total approved memb...New development lender in Asia assists with regional infrastructure connectivityThe Asian Infrastructure Investment Bank（AIIB）announced on April 6 that it had admitted 13 new members,bringing its total approved membership to 70.The new AIIB members come from Asia,Africa,Europeand the Americas.展开更多
基金supported by the Natural Science Foundation of China(Nos.71974031,71771034)the Chinese Universities Scientific Fund(No.DUT19RW216)+1 种基金the Economic and Social Development Project of Liaoning Province(No.20201slktyb-019)supported in part by the National Science Foundation(NSF)via the Grant Number IIS-1648664.
文摘Most loan evaluation methods in peer-to-peer(P2P)lending mainly exploit the borrowers’credit information.However,the present study presents the maturity-based lender composition score,which exploits the investment capability of a group of lenders who fund the same loan,to enhance the P2P loan evaluation.More specifically,we extract lenders’profiles in terms of performance,risk,and experience by quantifying their investment history and develop our loan evaluation indicator by aggregating the profiles of lenders in the composition.To measure the ability of a lender for continuous improvement in P2P investment,we introduce lender maturity to capture this evolvement and incorporate it into the aggregation process.Our empirical study demonstrates that the maturity-based lender composition score can serve as an effective indicator for identifying loan quality and be included in other commonly used loan evaluation models for accuracy improvement.
文摘Many existing real time commit protocols try to improve system performance by allowing a committing cohort to lend its data to an executing cohort, thus reducing data inaccessibility. They block the borrower from sending WORKDONE/PREPARED message and restrict them from lending data so that transaction abort chain is limited to one. Thus, transaction execution time increases. This paper proposes a modified real time commit protocol for distributed real time database systems (DRTDBS), Allow Commit Dependent and in Time borrowers for Incredible Value added data lending without extended abort chain (ACTIVE), where borrower cohorts are categorized as commit and abort dependent. Further, the commit dependent borrowers can lend data to executing cohorts with still limiting the transaction abort chain to one only and reducing the data inaccessibility. Also, an incoming executing cohort having borrowing factor greater than one can only borrow the dirty data items from lender. This minimizes the fruitless borrowing by the cohort. The performance of ACTIVE is compared with PROMPT, 2SC and SWIFT protocols for both main memory resident and disk resident databases with and without communication delay. Simulation results show that the proposed protocol improves the system performance up to 4% as transaction miss percentage.
文摘THE New Development Bank（NDB）,popularly known as the＂BRICS bank,＂established by Brazil,Russia,India,China and South Africa,should open for business before the end of the year.The bank will be based in Shanghai,but its first chairman is India＇s Kundapur Vaman Kamath.The importance India attaches to this post is shown by Kamath being,prior to his appointment,chairman of ICICI Bank,India＇s largest private lender.
文摘Financial resilience refers to a start-up's capacity to anticipate,plan for,respond to,and adapt to gradual change and abrupt unforeseen shocks to survive and thrive by enacting appropriate economic policies to decrease budget deficits.Economic history tells us that more companies fail to emerge from a downturn than go into or during it.Many studies have been done on financial resilience in many dimensions,but no one has studied start-ups’organizational readiness for financial resilience.This gap inspires the current research,which uses the Total Interpretive Structural Modelling(TISM)approach to identify financial resilience factors and analyze hierarchical interrelationships start-ups’organizational readiness factors for financial resilience.This article aims to identify,assess,and categorize start-up organizational preparation elements for financial resilience.The result shows that the first importance should be given to digital financial innovation,liquidity planning,going concern consideration,financial strategy of CFOs,and cyberthreats.Managers of start-ups can utilize the findings of this study to prepare for financial resilience professionally.In a fast-paced environment,start-ups may use financial resilience to gain a competitive edge.
文摘New development lender in Asia assists with regional infrastructure connectivityThe Asian Infrastructure Investment Bank（AIIB）announced on April 6 that it had admitted 13 new members,bringing its total approved membership to 70.The new AIIB members come from Asia,Africa,Europeand the Americas.
