Application of Recursive Partitioning to Agricultural Credit Scoring
نویسندگان
چکیده
منابع مشابه
Application of Recursive Partitioning to Agricultural Credit Scoring
Recursive Partitioning Algorithm (RPA) is introduced as a technique for credit scoring analysis, which allows direct incorporation of misclassification costs. This study corroborates nonagricultural credit studies, which indicate that RPA outperforms logistic regression based on within-sample observations, However, validation based on more appropriate outof-sample observations indicates that lo...
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The farm financial crisis in the mid 1980s brought increased interest in credit evaluation models. Many agricultural lenders and financial advisors have adopted formal credit evaluation models to monitor and forecast financial performance. Various non-parametric and parametric methods have been utilized to estimate the models, such as: experience-based algorithms (Alcott, Splett et al.); mathem...
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Pattern structures allow one to approach the knowledge extraction problem in case of arbitrary object descriptions. They provide the way to apply Formal Concept Analysis (FCA) techniques to nonbinary contexts. However, in order to produce classi cation rules a concept lattice should be built. For non-binary contexts this procedure may take much time and resources. In order to tackle this proble...
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The technique for order preference by similarity to ideal solution (TOPSIS) is a technique that can consider any number of measures when seeking to identify solutions close to an ideal and far from a nadir solution. TOPSIS traditionally has been applied in multiple criteria decision analysis. In this article, we propose an approach to develop a TOPSIS classifier. We demonstrate its use in credi...
متن کاملTesting Probability Calibrations: Application to Credit Scoring Models∗
The validation of probability calibration is an inherently difficult task. We develop a testing procedure for credit-scoring models. The models comprise two components to check whether the ex-ante probabilities support the ex-post frequencies. The first component tests the level of the probability calibration under dependencies. In the long term, the number of events should equal the sum of ass...
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ژورنال
عنوان ژورنال: Journal of Agricultural and Applied Economics
سال: 1999
ISSN: 1074-0708,2056-7405
DOI: 10.1017/s0081305200028818