Title :
An economic early warning approach based on Bayesian Networks mechanism?
Author :
Pang, Xiu-Li ; Yu, Bo ; Jiang, Wei
Author_Institution :
Sch. of Manage. & Sci., Harbin Inst. of Technol., Harbin, China
Abstract :
Economic early warning (EEW) helps decision-making by judging the tendency of economic development. Active research has investigated process modeling and the methodologies of EEW. However, in real-world, features have complex relationships, and one feature is always decided by the others. Traditional EEW methods need the feature independent assumption. This paper tries to create an EEW Based on Bayesian Networks, which considers the cause and consequence to overcome this problem. The experiment indicates that our method has achieved a satisfying performance: precision of 85.71% in open test in EEW, which is a desirable precision in EEW.
Keywords :
belief networks; decision making; economic forecasting; Bayesian networks mechanism; decision-making; economic development; economic early warning approach; feature independent assumption; Alarm systems; Artificial neural networks; Bayesian methods; Biological system modeling; Classification algorithms; Economics; Training;
Conference_Titel :
Natural Computation (ICNC), 2010 Sixth International Conference on
Conference_Location :
Yantai, Shandong
Print_ISBN :
978-1-4244-5958-2
DOI :
10.1109/ICNC.2010.5584525