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Bio-inspired algorithms like Genetic Algorithms and Fuzzy Inference Systems (FIS) are nowadays widely adopted as hybrid techniques in commercial and industrial environment. In this paper we present an interesting application of the fuzzy-GA…

Artificial Intelligence · Computer Science 2017-06-15 Enrico De Santis , Antonello Rizzi , Alireza Sadeghian

This paper presents performance analysis of hybrid model comprise of concordance and Genetic Programming (GP) to forecast financial market with some existing models. This scheme can be used for in depth analysis of stock market. Different…

Statistical Finance · Quantitative Finance 2013-05-16 Mahesh S. Khadka , K. M. George , N. Park , J. B. Kim

Today in every organization financial analysis provides the basis for understanding and evaluating the results of business operations and delivering how well a business is doing. This means that the organizations can control the operational…

Databases · Computer Science 2011-09-07 A. Martin , M. Manjula , Dr. V. Prasanna Venkatesan

This paper proposes a new fuzzy assessing procedure with application in management decision making. The proposed fuzzy approach build the membership functions for system characteristics of a standby repairable system. This method is used to…

Artificial Intelligence · Computer Science 2017-07-07 Shoele Jamali , Mehrdad J. Bani

With the rapid advances of microarray technologies, large amounts of high-dimensional gene expression data are being generated, which poses significant computational challenges. A first step towards addressing this challenge is the use of…

Computer Vision and Pattern Recognition · Computer Science 2013-02-14 P. K. Nizar Banu , H. Hannah Inbarani

Models for bankruptcy prediction are useful in several real-world scenarios, and multiple research contributions have been devoted to the task, based on structured (numerical) as well as unstructured (textual) data. However, the lack of a…

Computation and Language · Computer Science 2022-08-25 Henri Arno , Klaas Mulier , Joke Baeck , Thomas Demeester

Credit estimation and bankruptcy prediction methods have been utilizing Altman's $z$ score method for the last several years. It is reported in many studies that $z$ score is sensitive to changes in accounting figures. Researches have…

Economics · Quantitative Finance 2015-02-04 M. Naresh Kumar , V. Sree Hari Rao

This paper proposes a novel hybrid model, termed GARCH-FIS, for recursive rolling multi-step forecasting of financial time series. It integrates a Fuzzy Inference System (FIS) with a Generalized Autoregressive Conditional Heteroskedasticity…

Machine Learning · Computer Science 2026-03-17 Wen-Jing Li , Da-Qing Zhang

Statistical jump models have been recently introduced to detect persistent regimes by clustering temporal features and discouraging frequent regime changes. However, they are limited to hard clustering and thereby do not account for…

Methodology · Statistics 2025-10-01 Federico P. Cortese , Antonio Pievatolo , Elisa Maria Alessi

Foundation models have shown promise across various financial applications, yet their effectiveness for corporate bankruptcy prediction remains systematically unevaluated against established methods. We study bankruptcy forecasting using…

Machine Learning · Computer Science 2025-11-21 Marcin Kostrzewa , Oleksii Furman , Roman Furman , Sebastian Tomczak , Maciej Zięba

Predicting the probability of default (PD) of prospective loans is a critical objective for financial institutions. In recent years, machine learning (ML) algorithms have achieved remarkable success across a wide variety of prediction…

Risk Management · Quantitative Finance 2025-06-25 Adrian Iulian Cristescu , Matteo Giordano

Loan risk for small businesses has long been a complex problem worthy of exploring. Predicting the loan risk can benefit entrepreneurship by developing more jobs for the society. CatBoost (Categorical Boosting) is a powerful machine…

Computational Engineering, Finance, and Science · Computer Science 2021-07-01 Haoxue Wang , Liexin Cheng

Credit default poses significant challenges to financial institutions and consumers, resulting in substantial financial losses and diminished trust. As such, credit default risk management has been a critical topic in the financial…

Computational Engineering, Finance, and Science · Computer Science 2026-01-21 Yuanhong Wu , Jingyan Xu , Wei Ye , Christina Schweikert , D. Frank Hsu

In a recent paper [1] we introduced the Fuzzy Bayesian Learning (FBL) paradigm where expert opinions can be encoded in the form of fuzzy rule bases and the hyper-parameters of the fuzzy sets can be learned from data using a Bayesian…

Machine Learning · Statistics 2017-04-07 Indranil Pan , Dirk Bester

The work presents an extension of the fuzzy approach to 2-D shape recognition [1] through refinement of initial or coarse classification decisions under a two pass approach. In this approach, an unknown pattern is classified by refining…

Computer Vision and Pattern Recognition · Computer Science 2014-10-16 Subhadip Basu , Mahantapas Kundu , Mita Nasipuri , Dipak Kumar Basu

Accurate software development effort estimation is critical to the success of software projects. Although many techniques and algorithmic models have been developed and implemented by practitioners, accurate software development effort…

Software Engineering · Computer Science 2015-12-02 Wei Lin Du , Luiz Fernando Capretz , Ali Bou Nassif , Danny Ho

Predicting the bankruptcy risk of small and medium-sized enterprises (SMEs) is an important step for financial institutions when making decisions about loans. Existing studies in both finance and AI research fields, however, tend to only…

Risk Management · Quantitative Finance 2024-01-10 Yu Zhao , Shaopeng Wei , Yu Guo , Qing Yang , Xingyan Chen , Qing Li , Fuzhen Zhuang , Ji Liu , Gang Kou

Making high-quality decisions in strategic spatial planning is heavily dependent on extracting knowledge from vast amounts of data. Although many decision-making problems like developing urban areas require such perception and reasoning,…

Artificial Intelligence · Computer Science 2017-04-24 Amir Hossein Goudarzi , Nasser Ghadiri

Fuzzy modeling has many advantages over the non-fuzzy methods, such as robustness against uncertainties and less sensitivity to the varying dynamics of nonlinear systems. Data-driven fuzzy modeling needs to extract fuzzy rules from the…

Systems and Control · Computer Science 2018-06-08 Erick de la Rosa , Wen Yu

Predicting potential credit default accounts in advance is challenging. Traditional statistical techniques typically cannot handle large amounts of data and the dynamic nature of fraud and humans. To tackle this problem, recent research has…

Machine Learning · Computer Science 2018-07-04 Sheikh Rabiul Islam , William Eberle , Sheikh Khaled Ghafoor