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It is widely speculated that auditors' public forecasts of bankruptcy are, at least in part, self-fulfilling prophecies in the sense that they might actually cause bankruptcies that would not have otherwise occurred. This conjecture is hard…

Methodology · Statistics 2022-06-24 Demetrios Papakostas , P. Richard Hahn , Jared Murray , Frank Zhou , Joseph Gerakos

Most prognostic methods require a decent amount of data for model training. In reality, however, the amount of historical data owned by a single organization might be small or not large enough to train a reliable prognostic model. To…

Machine Learning · Statistics 2024-04-11 Madi Arabi , Xiaolei Fang

This study first reviews fuzzy random Portfolio selection theory and describes the concept of portfolio optimization model as a useful instrument for helping finance practitioners and researchers. Second, this paper specifically aims at…

Optimization and Control · Mathematics 2014-02-18 Mir Ehsan Hesam Sadati , Ali Doniavi

Objective. We propose an approach to reason about goals, obstacles, and to select suitable big data solution architecture that satisfy quality goal preferences and constraints of stakeholders at the presence of the decision outcome…

Software Engineering · Computer Science 2020-04-20 Mahdi Fahmideh , Ghassan Beydoun

A problem of optimal debt management is modeled as a noncooperative game between a borrower and a pool of lenders, in infinite time horizon with exponential discount. The yearly income of the borrower is governed by a stochastic process.…

Optimization and Control · Mathematics 2016-09-26 Alberto Bressan , Antonio Marigonda , Khai T. Nguyen , Michele Palladino

The existence of asymmetric information has always been a major concern for financial institutions. Financial intermediaries such as commercial banks need to study the quality of potential borrowers in order to make their decision on…

Statistical Finance · Quantitative Finance 2017-07-05 Jinglun Yao , Maxime Levy-Chapira , Mamikon Margaryan

This study provides an in-depth analysis of the model architecture and key technologies of generative artificial intelligence, combined with specific application cases, and uses conditional generative adversarial networks ( cGAN ) and time…

Computational Engineering, Finance, and Science · Computer Science 2024-04-05 Chang Che , Zengyi Huang , Chen Li , Haotian Zheng , Xinyu Tian

Corporate bankruptcy impacts the functioning of the economy as it impacts its various stakeholders: Shareholders, financial and operational lenders, and the government. This paper aims to study the impact of a wide array of profitability,…

Risk Management · Quantitative Finance 2020-08-12 Adit Chopra , Abhi Bansal , Aryaman Wadhwa

Multi-model inference covers a wide range of modern statistical applications such as variable selection, model confidence set, model averaging and variable importance. The performance of multi-model inference depends on the availability of…

Statistics Theory · Mathematics 2019-06-07 Ching-Wei Cheng , Guang Cheng

Fuzzy clustering algorithms can be roughly categorized into two main groups: Fuzzy C-Means (FCM) based methods and mixture model based methods. However, for almost all existing FCM based methods, how to automatically selecting proper…

Machine Learning · Computer Science 2024-05-24 Qiang Chen , Weizhong Yu , Feiping Nie , Xuelong Li

Finite Gaussian mixture models are widely used for model-based clustering of continuous data. Nevertheless, since the number of model parameters scales quadratically with the number of variables, these models can be easily…

Methodology · Statistics 2018-09-25 Michael Fop , Thomas Brendan Murphy , Luca Scrucca

Technical analysis is used to discover investment opportunities. To test this hypothesis we propose an hybrid system using machine learning techniques together with genetic algorithms. Using technical analysis there are more ways to…

Machine Learning · Computer Science 2018-05-30 Gonçalo Abreu , Rui Neves , Nuno Horta

Fuzzy Cognitive Maps (FCMs) is a complex systems modeling technique which, due to its unique advantages, has lately risen in popularity. They are based on graphs that represent the causal relationships among the parameters of the system to…

Neural and Evolutionary Computing · Computer Science 2021-02-02 Stefanos Tsimenidis

Fuzzy clustering has become a widely used data mining technique and plays an important role in grouping, traversing and selectively using data for user specified applications. The deterministic Fuzzy C-Means (FCM) algorithm may result in…

Neural and Evolutionary Computing · Computer Science 2018-10-23 Saptarshi Sengupta , Sanchita Basak , Richard Alan Peters

Banks utilize credit scoring as an important indicator of financial strength and eligibility for credit. Scoring models aim to assign statistical odds or probabilities for predicting if there is a risk of nonpayment in relation to many…

Risk Management · Quantitative Finance 2023-03-10 Oguz Koc , Omur Ugur , A. Sevtap Kestel

This work introduces a new framework for modeling financial markets through an interpretable probabilistic state machine. By clustering historical returns based on momentum and risk features across multiple time horizons, we identify…

Computational Engineering, Finance, and Science · Computer Science 2025-10-02 Christian Oliva , Silviu Gabriel Tinjala

Load balancing is the process of improving the Performance of a parallel and distributed system through is distribution of load among the processors [1-2]. Most of the previous work in load balancing and distributed decision making in…

Distributed, Parallel, and Cluster Computing · Computer Science 2009-10-05 Abbas Karimi , Faraneh Zarafshan , Adznan. b. Jantan , A. R Ramli , M. Iqbal b. Saripan

Clustering is one of the widely used data mining techniques for medical diagnosis. Clustering can be considered as the most important unsupervised learning technique. Most of the clustering methods group data based on distance and few…

Machine Learning · Computer Science 2012-12-24 K. Dhanalakshmi , H. Hannah Inbarani

In the face of increasing financial uncertainty and market complexity, this study presents a novel risk-aware financial forecasting framework that integrates advanced machine learning techniques with intuitionistic fuzzy multi-criteria…

Statistical Finance · Quantitative Finance 2025-12-23 Safiye Turgay , Serkan Erdoğan , Željko Stević , Orhan Emre Elma , Tevfik Eren , Zhiyuan Wang , Mahmut Baydaş

The digitalization of credit scoring has become essential for financial institutions and commercial banks, especially in the era of digital transformation. Machine learning techniques are commonly used to evaluate customers'…

Machine Learning · Computer Science 2026-03-06 Huyen Giang Thi Thu , Thang Viet Doan , Ha-Bang Ban , Tai Le Quy