Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: The event of large losses plays an important role in credit risk. As these large losses are typically rare, and portfolios usually consist of a large number of positions, large deviation theory is the natural tool to analyze the tail asymptotics of the probabilities involved.  first derive a sample-path large deviation principle (LDP) for the portfolio‚Aos loss process, which enables the computation of the logarithmic decay rate of the probabilities of interest. In addition,  derive exact asymptotic results for a number of specific rare-event probabilities, such as the probability of the loss process exceeding some given function.
['Vincent Leijdekker', 'Michel Mandjes', 'Peter Spreij']
I am writing a research paper on a idea Sample-path large deviations in credit risk
[{"from": "human", "value": "I am writing a research paper on a idea Sample-path large deviations in credit risk"}, {"from": "gpt", "value": "Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: The event of large losses plays an important role in credit risk. As these large losses are typically rare, and portfolios usually consist of a large number of positions, large deviation theory is the natural tool to analyze the tail asymptotics of the probabilities involved.  first derive a sample-path large deviation principle (LDP) for the portfolio\u201aAos loss process, which enables the computation of the logarithmic decay rate of the probabilities of interest. In addition,  derive exact asymptotic results for a number of specific rare-event probabilities, such as the probability of the loss process exceeding some given function."}]