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Default risk in a market model, and . Journal of Banking & Finance, 24 (1-2): 301--327 (January 2000)Credit risk concentrations under stress, , , and . The Journal of Credit Risk, 2 (3): 115--136 (2006)Locally minimizing the credit risk. Discussion paper / Sonderforschungsbereich 303, Information und die Koordination Wirtschaftlicher Aktivitäten, B, Rheinische Friedrich-Wilhelms-Universität Bonn Sonderforschungsbereich 303, Bonn, (1998)