MODELLING THE RISK OF DEFAULT ON FOREIGN ECONOMIC CONTRACTS

  • S.M. Kontseba
  • S.D. Skurtol
  • H.Iu. Rodashchuk
Keywords: model, non-payment, risk, possibility, foreign economic activity.

Abstract

In this article, you can read about the usage  of a model for evaluation of the risk of non-payments for foreign economic contracts based on the law of exponential distribution. Approbation of this model revealed that timely evaluation of risks of non-payments to counterparties for foreign economic contracts provides successful work and development of the business. It also helps to decrease the negative impact of risks on the business' economy. 

References

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Published
2019-06-14
How to Cite
KontsebaS., SkurtolS., & RodashchukH. (2019). MODELLING THE RISK OF DEFAULT ON FOREIGN ECONOMIC CONTRACTS. Herald of Kyiv Institute of Business and Technology, 40(2), 22-26. https://doi.org/10.37203/kibit.2019.40.05