The objective of the research is to analyze the ability of the artificial neural network model developed to forecast the credit risk of a panel of Italian manufacturing companies. In a theoretical point of view, this ...The objective of the research is to analyze the ability of the artificial neural network model developed to forecast the credit risk of a panel of Italian manufacturing companies. In a theoretical point of view, this paper introduces a litera-ture review on the application of artificial intelligence systems for credit risk management. In an empirical point of view, this research compares the architecture of the artificial neural network model developed in this research to an-other one, built for a research conducted in 2004 with a similar panel of companies, showing the differences between the two neural network models.展开更多
For the purposes of this research, the optimal MLP neural network topology has been designed and tested by means the specific genetic algorithm multi-objective Pareto-Based. The objective of the research is to predict...For the purposes of this research, the optimal MLP neural network topology has been designed and tested by means the specific genetic algorithm multi-objective Pareto-Based. The objective of the research is to predict the trend of the ex-change rate Euro/USD up to three days ahead of last data available. The variable of output of the ANN designed is then the daily exchange rate Euro/Dollar and the frequency of data collection of variables of input and the output is daily. By the analysis of the data it is possible to conclude that the ANN model developed can largely predict the trend to three days of exchange rate Euro/USD.展开更多
The non-linear and often obscure relations that govern the economic and financial variables, the presence of significant amounts of data and the failures of the con-ventional mathematical and statistical models are on...The non-linear and often obscure relations that govern the economic and financial variables, the presence of significant amounts of data and the failures of the con-ventional mathematical and statistical models are only some reasons which should encouraged a growing de-velopment of the studies on the application of the intelli-gent learning systems in banking and finance.[...]展开更多
文摘The objective of the research is to analyze the ability of the artificial neural network model developed to forecast the credit risk of a panel of Italian manufacturing companies. In a theoretical point of view, this paper introduces a litera-ture review on the application of artificial intelligence systems for credit risk management. In an empirical point of view, this research compares the architecture of the artificial neural network model developed in this research to an-other one, built for a research conducted in 2004 with a similar panel of companies, showing the differences between the two neural network models.
文摘For the purposes of this research, the optimal MLP neural network topology has been designed and tested by means the specific genetic algorithm multi-objective Pareto-Based. The objective of the research is to predict the trend of the ex-change rate Euro/USD up to three days ahead of last data available. The variable of output of the ANN designed is then the daily exchange rate Euro/Dollar and the frequency of data collection of variables of input and the output is daily. By the analysis of the data it is possible to conclude that the ANN model developed can largely predict the trend to three days of exchange rate Euro/USD.
文摘The non-linear and often obscure relations that govern the economic and financial variables, the presence of significant amounts of data and the failures of the con-ventional mathematical and statistical models are only some reasons which should encouraged a growing de-velopment of the studies on the application of the intelli-gent learning systems in banking and finance.[...]
