Enhancing credit scoring model performance by a hybrid scoring matrix
نویسندگان
چکیده
منابع مشابه
Enhancing credit scoring model performance by a hybrid scoring matrix
Competition of the consumer credit market in Taiwan has become severe recently. Therefore, most financial institutions actively develop credit scoring models based on assessments of the credit approval of new customers and the credit risk management of existing customers. This study uses a genetic algorithm for feature selection and decision trees for customer segmentation. Moreover, it utilize...
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Credit scoring model is an important tool for assessing risks in financial industry, consequently the majority of financial institutions actively develops credit scoring model on the credit approval assessment of new customers and the credit risk management of existing customers. Nonetheless, most past researches used the one-dimensional credit scoring model to measure customer risk. In this st...
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Logistic Regression has been widely used in the financial service industry for credit scoring models. Despite its advantages in easy interpretation and low computing cost, Logistic Regression is under the criticism of failure to model the nonlinear features of the predictors effect on the dependent variable and therefore might lead to unsatisfactory results. Modern statistical techniques such a...
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In any country, commercial banks lay the groundwork for economic growth by collecting national resources and capitals and allocating them to different economic sectors. Optimal allocation of resources is especially important in achieving this goal. Banks with an effective and dynamic system of customer assessment can efficiently allocate their resources to customers regardless of their geograph...
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Credit scoring model development became a very important issue as the credit industry has many competitions and bad debt problems. Therefore, most credit scoring models have been widely studied in the areas of statistics to improve the accuracy of credit scoring models during the past few years. In order to solve the classification and decrease the Type I error of credit scoring model, this pap...
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ژورنال
عنوان ژورنال: African Journal of Business Management
سال: 2013
ISSN: 1993-8233
DOI: 10.5897/ajbm11.2183