Multi-agent hybrid mechanism for financial risk management

• Yan, Jianyuan ^[1] ; Liao, Jui-Jung ^[1] ; Shih, Ching-Hui ^[2]
  1. [1] Nankai University

     Nankai University

     China

     
  2. [2] Asia University

     Asia University

     Japón

     
• Localización: Journal of Industrial Engineering and Management, ISSN-e 2013-0953, Vol. 8, Nº. Extra 2, 2015 (Ejemplar dedicado a: Special Issue: LISS 2014), págs. 435-452
• Idioma: inglés
• Enlaces
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• Resumen

  • Purpose: The goal of this study was to propose the multi-agent mechanism to forecast the corporate financial distress.Design/methodology/approach: This study utilized numerous methods, namely random subspace method, discriminant analysis and decision tree to construct the multi-agent forecasting model.Findings and Originality/value: The study shows a superior forecasting performance.Originality/value: The use of multi-agent model to predict the corporate financial distress.