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Credit ratings are one of the primary keys that reflect the level of riskiness and reliability of corporations to meet their financial obligations. Rating agencies tend to take extended periods of time to provide new ratings and update…

Risk Management · Quantitative Finance 2020-07-15 Parisa Golbayani , Ionuţ Florescu , Rupak Chatterjee

Regression testing in software development checks if new software features affect existing ones. Regression testing is a key task in continuous development and integration, where software is built in small increments and new features are…

Software Engineering · Computer Science 2024-02-06 Alina Torbunova , Per Erik Strandberg , Ivan Porres

Ensemble prediction systems are an invaluable tool for weather forecasting. Practically, ensemble predictions are obtained by running several perturbations of the deterministic control forecast. However, ensemble prediction is associated…

Machine Learning · Computer Science 2023-02-22 Rüdiger Brecht , Alex Bihlo

The motivation of this work is to improve the performance of standard stacking approaches or ensembles, which are composed of simple, heterogeneous base models, through the integration of the generation and selection stages for regression…

Machine Learning · Statistics 2014-03-31 Roberto Aldave , Jean-Pierre Dussault

Since the Great Financial Crisis (GFC), the use of stress tests as a tool for assessing the resilience of financial institutions to adverse financial and economic developments has increased significantly. One key part in such exercises is…

Econometrics · Economics 2022-02-08 Martin Guth

Systematic reviews are essential to summarizing the results of different clinical and social science studies. The first step in a systematic review task is to identify all the studies relevant to the review. The task of identifying relevant…

Information Retrieval · Computer Science 2018-01-30 Gaurav Singh , James Thomas , John Shawe-Taylor

The effectiveness of machine learning in evaluating the creditworthiness of loan applicants has been demonstrated for a long time. However, there is concern that the use of automated decision-making processes may result in unequal treatment…

Machine Learning · Computer Science 2023-06-23 Darie Moldovan

In this study, we propose an innovative dynamic classification algorithm aimed at achieving zero missed detections and minimal false positives,acritical in safety-critical domains (e.g., medical diagnostics) where undetected cases risk…

Machine Learning · Computer Science 2025-06-02 Ziyuan Zhong , Junyang Zhou

One of the most promising approaches for complex technical systems analysis employs ensemble methods of classification. Ensemble methods enable to build a reliable decision rules for feature space classification in the presence of many…

Artificial Intelligence · Computer Science 2016-01-11 Alexei Zhukov , Victor Kurbatsky , Nikita Tomin , Denis Sidorov , Daniil Panasetsky , Aoife Foley

Logistic Regression and Support Vector Machine algorithms, together with Linear and Non-Linear Deep Neural Networks, are applied to lending data in order to replicate lender acceptance of loans and predict the likelihood of default of…

Risk Management · Quantitative Finance 2019-07-04 Jeremy D. Turiel , Tomaso Aste

The rise of algorithmic decision-making has spawned much research on fair machine learning (ML). Financial institutions use ML for building risk scorecards that support a range of credit-related decisions. Yet, the literature on fair ML in…

Machine Learning · Statistics 2022-06-20 Nikita Kozodoi , Johannes Jacob , Stefan Lessmann

The merit of ensemble learning lies in having different outputs from many individual models on a single input, i.e., the diversity of the base models. The high quality of diversity can be achieved when each model is specialized to different…

Machine Learning · Computer Science 2021-12-09 Sihwan Kim , Dae Yon Jung , Taejang Park

In credit markets, screening algorithms aim to discriminate between good-type and bad-type borrowers. However, when doing so, they can also discriminate between individuals sharing a protected attribute (e.g. gender, age, racial origin) and…

Machine Learning · Statistics 2024-02-09 Christophe Hurlin , Christophe Pérignon , Sébastien Saurin

Dynamic Ensemble Selection (DES) is a Multiple Classifier Systems (MCS) approach that aims to select an ensemble for each query sample during the selection phase. Even with the proposal of several DES approaches, no particular DES technique…

Machine Learning · Computer Science 2023-09-27 Paulo R. G. Cordeiro , George D. C. Cavalcanti , Rafael M. O. Cruz

A number of labeling systems based on text have been proposed to help monitor work on the United Nations (UN) Sustainable Development Goals (SDGs). Here, we present a systematic comparison of systems using a variety of text sources and show…

Computation and Language · Computer Science 2023-02-02 Dirk U. Wulff , Dominik S. Meier , Rui Mata

The forecasting of credit default risk has been an active research field for several decades. Historically, logistic regression has been used as a major tool due to its compliance with regulatory requirements: transparency, explainability,…

Machine Learning · Computer Science 2022-09-22 Dangxing Chen , Weicheng Ye

The ensemble methods are meta-algorithms that combine several base machine learning techniques to increase the effectiveness of the classification. Many existing committees of classifiers use the classifier selection process to determine…

Machine Learning · Computer Science 2021-06-15 Robert Burduk

Training deep reinforcement learning agents on environments with multiple levels / scenes / conditions from the same task, has become essential for many applications aiming to achieve generalization and domain transfer from simulation to…

Machine Learning · Computer Science 2020-05-26 Jaskirat Singh , Liang Zheng

This paper investigates novel classifier ensemble techniques for uncertainty calibration applied to various deep neural networks for image classification. We evaluate both accuracy and calibration metrics, focusing on Expected Calibration…

Computer Vision and Pattern Recognition · Computer Science 2025-01-20 Michael Schulze , Nikolas Ebert , Laurenz Reichardt , Oliver Wasenmüller

Ensemble methods are known for enhancing the accuracy and robustness of machine learning models by combining multiple base learners. However, standard approaches like greedy or random ensembling often fall short, as they assume a constant…

Machine Learning · Computer Science 2025-06-24 Sebastian Pineda Arango , Maciej Janowski , Lennart Purucker , Arber Zela , Frank Hutter , Josif Grabocka