This is analogous to "smart beta," which is between beta, or risk the exposure of a pool of loans, and alpha, in this case the loan selection and trading that hedge funds are doing.
I also applaud all the efforts to make this space more fluid, transparent and accessible, for instance: the secondary market exchange by Orchard, the loan selection guidance by NSR Invest and LendingRobot, as well as several ETFs backed by marketplace loans that are under SEC review.
Phillips et al. (2008) reported adaptive evolution in the asexually reproducing parasitoid Microctonus hyperodae (Loan), where selection has favored one of two biotypes released in New Zealand.
Then, to power down a bit, drop by this year's special loan exhibition, a selection of pieces from the Museum of Early Southern Decorative Arts, which opened in Winston-Salem, N.C., in 1965, when the Winter Antiques Show was already a decade old.
(Cotter) ★ Metropolitan Museum of Art: 'Frans Hals in the Metropolitan Museum' (through Oct. 10) This small but potent show gathers the Met's 11 confirmed works by the great 17th-century Dutch painter, appending them with two outstanding loans and a selection of contextualizing works.
(Johnson) ★ Metropolitan Museum of Art: 'Frans Hals in the Metropolitan Museum' (through Oct. 10) This small but potent show gathers the Met's 11 confirmed works by the great 17th-century Dutch painter, appending them with two outstanding loans and a selection of contextualizing works.
The Chagall exhibits and Vrubel's stunning Demon pictures - the main reasons you would visit this museum - had all disappeared 'on loan' and an endless selection of appalling portraits by obscure modern artists in hall after hall had appeared in their place.
Instead, the BiblioTech library will have 100 e-readers for loan, and an initial selection of 10,000 digital titles.
El Museo del Barrio While the Modern has reconfigured its existing collection in an extended gesture of institutional stock-taking, El Museo has combined objects from its own holdings with a selection of loans to create something brand new: the city's only comprehensive permanent exhibition devoted to the art of the Taino, indigenous people of the Caribbean.
To fill this gap, we propose two "bucketing" strategies based on constrained optimisation, paying attention to the implications of rating buckets for loan-pricing and adverse selection phenomena.
Liar's loans produce extreme "adverse selection" in home lending, which produces a "negative expected value" (in plain English -- making liar's home loans will produce severe losses).
