Credit Risk Research of Real Estate Based on Markov Chain

摘要：

Real estate development has been regarded as a kind of economic issue of high investment, high profit, and high risk. Credit risk is the risk of an economic loss from the failure of counterparty to fulfill its contractual obligations. In the paper, credit risk measure of real estate is studied. A Markov chain based method is proposed for analyzing the real estate credit risk. The results from this study are of value in credit risk management. They can be used in evaluating and measuring the real estate performance of credit risk and can provide significant help and guidance.

关键词： Credit Risk Real Estate Markov Chain

作者: Li Xu Jinlin LI

作者单位: Department of Management Science and Engineering,Beijing Institute of Technology,Beijing,100081

会议类型: 国际会议

会议名称: 2008 International Conference on Risk and Relianility Management(2008风险与可靠性管理国际会议)

会议地点: 北京

会议语种:英文

页码: 185-188

在线出版日期: 2008-11-10（万方平台首次上网日期，不代表论文的发表时间）