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Handbook of Ratings

Approaches to Ratings in the Economy, Sports, and Society

  • Alexander Karminsky
  • Andrey Polozov

Table of contents

  1. Front Matter
    Pages i-xviii
  2. General Approaches to Ratings

    1. Front Matter
      Pages 1-1
    2. Alexander Karminsky, Andrey Polozov
      Pages 3-23
  3. Ratings in the Economy and Business

    1. Front Matter
      Pages 25-25
    2. Alexander Karminsky, Andrey Polozov
      Pages 27-61
    3. Alexander Karminsky, Andrey Polozov
      Pages 63-106
    4. Alexander Karminsky, Andrey Polozov
      Pages 107-125
    5. Alexander Karminsky, Andrey Polozov
      Pages 127-152
  4. Ratings and Rankings in Sports

    1. Front Matter
      Pages 153-153
    2. Alexander Karminsky, Andrey Polozov
      Pages 155-185
    3. Alexander Karminsky, Andrey Polozov
      Pages 187-200
    4. Alexander Karminsky, Andrey Polozov
      Pages 201-226
    5. Alexander Karminsky, Andrey Polozov
      Pages 227-261
  5. Ratings and Rankings in Public Life

    1. Front Matter
      Pages 263-263
    2. Alexander Karminsky, Andrey Polozov
      Pages 265-294
    3. Alexander Karminsky, Andrey Polozov
      Pages 295-342
    4. Alexander Karminsky, Andrey Polozov
      Pages 343-356

About this book

Introduction

This handbook presents a systematic overview of approaches to, diversity, and problems involved in interdisciplinary rating methodologies. Historically, the purpose of ratings is to achieve information transparency regarding a given body’s activities, whether in the field of finance, banking, or sports for example. This book focuses on commonly used rating methods in three important fields: finance, sports, and the social sector.

In the world of finance, investment decisions are largely shaped by how positively or negatively economies or financial instruments are rated. Ratings have thus become a basis of trust for investors. Similarly, sports evaluation and funding are largely based on core ratings. From local communities to groups of nations, public investment and funding are also dependent on how these bodies are continuously rated against expected performance targets. 

As such, ratings need to reflect the consensus of all stakeholders on selected aspects of the work and how to evaluate their success. The public should also have the opportunity to participate in this process. The authors examine current rating approaches from a variety of proposals that are closest to the public consensus, analyzing the rating models and summarizing the methods of their construction. This handbook offers a valuable reference guide for managers, analysts, economists, business informatics specialists, and researchers alike.

Keywords

Credit ratings Rating methods Scoring methodology Comparative ratings Rating principles Credit scoring Country ratings Standard and Poors Moodys Rating statistics Statistical methods

Authors and affiliations

  • Alexander Karminsky
    • 1
  • Andrey Polozov
    • 2
  1. 1.Higher School of EconomicsNational Research UniversityMoscowRussia
  2. 2.Graduate School of Economics and ManagementUral Federal UniversityMoscowRussia

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-39261-5
  • Copyright Information Springer International Publishing Switzerland 2016
  • Publisher Name Springer, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-319-39260-8
  • Online ISBN 978-3-319-39261-5
  • Buy this book on publisher's site