Name
Abstract | ||
|---|---|---|
Default risk models have lately raised a great interest due to the recent world economic crisis. In spite of many advanced techniques that have extensively been proposed, no comprehensive method incorporating a holistic perspective has hitherto been considered. Thus, the existing models for bankruptcy prediction lack the whole coverage of contextual knowledge which may prevent the decision makers such as investors and financial analysts to take the right decisions. Recently, SVM+ provides a formal way to incorporate additional information (not only training data) onto the learning models improving generalization. In financial settings examples of such non-financial (though relevant) information are marketing reports, competitors landscape, economic environment, customers screening, industry trends, etc. By exploiting additional information able to improve classical inductive learning we propose a prediction model where data is naturally separated into several structured groups clustered by the size and annual turnover of the firms. Experimental results in the setting of a heterogeneous data set of French companies demonstrated that the proposed default risk model showed better predictability performance than the baseline SVM and multi-task learning with SVM. |
Year | DOI | Venue |
|---|---|---|
2012 | 10.1016/j.eswa.2012.02.142 | Expert Syst. Appl. |
Keywords | Field | DocType |
training data,economic crisis,default risk model,additional information,enhanced default risk model,baseline svm,heterogeneous data,multi-task learning,existing model,economic environment,bankruptcy prediction lack,multi task learning,support vector machines | Data mining,Predictability,Multi-task learning,Computer science,Support vector machine,Default risk,Bankruptcy prediction,Artificial intelligence,Learning models,Spite,Machine learning,Competitor analysis | Journal |
Volume | Issue | ISSN |
39 | 11 | 0957-4174 |
Citations | PageRank | References |
4 | 0.40 | 25 |
Authors | ||
5 | ||
Name | Order | Citations | PageRank |
|---|---|---|---|
| Bernardete Ribeiro | 1 | 758 | 82.07 |
| Catarina Silva | 2 | 70 | 7.89 |
| Ning Chen | 3 | 166 | 15.49 |
| Armando Vieira | 4 | 147 | 11.48 |
| João Carvalho das Neves | 5 | 41 | 6.48 |