• DocumentCode
    2974030
  • Title

    Application of particle swarm optimization to credit risk assessment

  • Author

    Li, Cheng-An ; Xu, Jing ; Wang, He-Yong

  • Author_Institution
    Dept. of E-Bus., South China Univ. of Technol., Guangzhou, China
  • fYear
    2009
  • fDate
    22-24 June 2009
  • Firstpage
    1427
  • Lastpage
    1432
  • Abstract
    In this paper, we apply particle swarm optimization (PSO) to solve feature subset selection problems. The proposed PSO algorithm is combined with nearest neighbor classifiers. The algorithm is applied to classify credit risk using benchmark data sets from UCI databases. The experimental results presented in the paper demonstrate that the application of our proposed method lets to achieve better results than the existing methods in terms of solution quality and computational efficiency.
  • Keywords
    financial management; particle swarm optimisation; risk management; UCI databases; credit risk assessment; feature subset selection; nearest neighbor classifiers; particle swarm optimization; Automation; Birds; Computational efficiency; Data mining; Humans; Information analysis; Nearest neighbor searches; Particle swarm optimization; Risk management; Spatial databases;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information and Automation, 2009. ICIA '09. International Conference on
  • Conference_Location
    Zhuhai, Macau
  • Print_ISBN
    978-1-4244-3607-1
  • Electronic_ISBN
    978-1-4244-3608-8
  • Type

    conf

  • DOI
    10.1109/ICINFA.2009.5205140
  • Filename
    5205140