Full-Text Search:
Home|Journal Papers|About CNKI|User Service|FAQ|Contact Us|中文
《Industrial Engineering Journal》 2012-01
Add to Favorite Get Latest Update

Credit Evaluation for Small-and-Medium-Sized Enterprises Based on Fuzzy SVM with Dual Membership Values

Song Xiao-dong,Han Li-yan(School of Economics and Management,Beihang University,Beijing 100191,China)  
A new fuzzy support vector machine(SVM) model with dual membership values,called DFSVM in short,is developed for the credit evaluation of small-and-medium-sized enterprises.In this model,each sample belongs to two credit classes according to its dual membership values.The optimal input indicator portfolios are determined by using the attribute reduction method in rough set theory.With bank's credit risk aversions taken into account,samples in the two classes are handled asymmetrically in the training process.Empirical results show that the discrimination accuracy of the proposed DFSVM model is superior to the traditional discrimination models.Furthermore,an adjusted model is proposed,test shows that the adjusted DFSVM model can further reduce the bank's credit risk.
【Fund】: 国家自然科学基金资助项目(70831001;70821061);; 北京市自然科学基金资助项目(9102013)
【CateGory Index】: F276.3;F224
Download(CAJ format) Download(PDF format)
CAJViewer7.0 supports all the CNKI file formats; AdobeReader only supports the PDF format.
【Citations】
Chinese Journal Full-text Database 10 Hits
1 SHI Xiao-jun, XIAO Yuan-wen, REN Ruo-en (School of Management, Beijing University of Aeronautics and Astronautics, Beijing 100083, China; Division of Risk Management, Beijing HuaYou Natural Gas Co. Ltd. , Beijing 100101, China);The Optimal Sample Pairing and the Critical Value of Logistic Default Risk Model: the China Case[J];The Study of Finance and Economics;2005-09
2 SHI Xiao-jun1,REN Ruo-en1,XIAO Yuan-wen2 1.School of Management,Beijing University of Aeronautics and Astronautics,Beijing 100083,China;2.Beijing HuaYou Natrual Gas Co.Ltd.Beijing 100101,China;Bounded logistic default risk model and empirical evidences from China[J];Journal of Management Sciences in China;2007-03
3 XU Xiaoping LI Meng;The Study of Trade Credit Supply:the Evidence from SMEs in Shanghai[J];Journal of Financial Research;2009-06
4 Han Liyan et al.;On the Model of Financial Crisis Discrimination for the Small and Mediumsized Listed Companies[J];The Journal of Quantitative & Technical Economics;2010-08
5 CHEN Hao,MA Yu-chao,CHEN Mu-zi,TANG Yue,WANG Bo,CHEN Min,YANG Xiao-guang (Academy of Mathematics and Systems Science,CAS,Beijing 100190,China);Recovery discrimination for nonperforming loan:A support vector machine method with variable selection[J];Systems Engineering-Theory & Practice;2009-12
6 YANG Yu~1,SHI Xiu-hong~2 (1.School of Management Science & Engineering,Central University of Finance and Economics,Beijing 100081,China; 2.School of Finance,Central University of Finance and Economics,Beijing 100081,China);Personal credit risk measurement:Bilateral antibody artificial immune probability model[J];Systems Engineering-Theory & Practice;2009-12
7 WU De-sheng, LIANG Liang (School of business,University of Science and Technology of China,Hefei 230026,China);A Strategy of Optimizing Neural Networks by Genetic Algorithm and Its Application on Credit Scoring[J];Chinese Journal of Management Science;2004-01
8 XUE Feng~1,KE Kong-lin~2(1.Management school,Xi'an Jiaotong University,Xi'an 710049,China 2.Finance School,Zhejiang Gongshang University,Hangzhou 310035,China);Evaluation of Enterprise's Credit Risk Based on Mixed Integer Programming Approach[J];Chinese Journal of Management Science;2006-02
9 ZHANG Mu1,2,ZHOU Zong-fang1(1.School of Management and Economics,University of Electronic Science and Technology of China,Chengdu 610054,China;2.School of Finance,Guizhou College of Finance and Economics,Guiyang 550004,China);An Evaluation Model for Credit Risk of Enterprise Based on Multi-Objective Programming and Support Vector Machines[J];China Soft Science;2009-04
10 Yang Yu;Study of Consumer Credit Model Based on Artificial Immunity Mechanism[J];Management Review;2006-09
【Co-citations】
Chinese Journal Full-text Database 10 Hits
1 SHI Xiao-jun1,SUN Cai-hong2(1.School of Economics and Management,Beihang University,Beijing 100191,China; 2.School of Information,Renmin University of China,Beijing 100872,China);Trade Credit Term Decision Under Boundary Logistic Default Risk[J];Transactions of Beijing Institute of Technology;2010-03
2 HU Hai-qing,CUI Jie,ZHANG Dao-hong(School of Economics and Management,Xi'an University of Technology,Xi'an 710054,China);Research on Regional Differentials of SMEs' Trade Credit Financing[J];Journal of Finance and Economics;2011-05
3 PENG Jian-gang,TU Hai-bo,HE Jing,ZHOU Ying-hui(College of Finance,Hunan University,Changsha,Hunan 410079,China);The Application of Ordered Logistic Regression Model in the Default Probability Measure[J];The Theory and Practice of Finance and Economics;2009-04
4 DAI Da-shuang1,LEI Xiao-min1,2,SONG Jia-shun2(1.School of Management,Dalian University of Technology,Dalian116024,China;2.School of Business Administration,Dongbei University of Finance and Economics,Dalian116024,China);Research on the lack of entrepreneur credit evaluation in that of SMB credit[J];Journal of Dalian University of Technology(Social Sciences);2007-04
5 FAN Wei-qiang1,LIU Tun-dong2(1.73118 PLA Troops,Xiamen 361024,China;2.The Automation Department,Information Science & Technology,Xiamen University,Xiamen 361005,China);The prediction of the Default Risk of Credit Card Based on BP Neural Network[J];Computer Knowledge and Technology;2011-10
6 Liu Fanggen;A Study on the Sensitivity of Default Risk Model to Default Definitions[J];Studies of International Finance;2008-02
7 ZHANG Ying1,MA Yu-lin2 (1.School of Economics and Management,Tongji University,Shanghai 200092,China;2.School of Statistic and Mathematics,Shandong University of Finance,Jinan 250014,China);Logistic Default Probability Model Based on Factor Analysis[J];Journal of Guilin University of Technology;2010-01
8 GUO Deren WANG Peihui (Northeastern University,Shenyang,China);Bankruptcy Prediction Based on Fuzzy Clustering and Fuzzy Pattern Recognition Model[J];Chinese Journal of Management;2009-09
9 Qin Lili Yang Xiaohong Liu Xinxi Xie Qiaoyan(Guangxi Univercity;Guangxi Branch,Bank of China,Nanning Guangxi 530004);An Overview of the Personal Credit Evaluation System in Our Country[J];Journal of Regional Financial Research;2010-06
10 ZHANG Wei-dong~1,HAN Yun-hao~1,MI Yang~2(1.School of Economics,Huazhong University of Science and Technology,Wuhan 430074,China;2.The Department of Control Science and Engineering,Huazhong University of Science and Technology,Wuhan,430074,China);Study on Credit Risk Assessment of Commercial Banks Based on GA-BP Fuzzy Neural Network[J];Industrial Engineering and Management;2006-05
China Proceedings of conference Full-text Database 7 Hits
1 Hu Xian-ming~1,Zhang Mu~2 (1、Commercial Bank of Anshun,Anshun Guizhou 561000,China 2、School of Finance, Guizhou College of Finance and Economics,Guiyang Guizhou 550004,China);Fuzzy Comprehensive Evaluation on Credit Risk of Small and Medium-sized Enterprises[A];[C];2010
2 Zhang Yunqi1,2 Zhao guojie1 (School of management, Tianjin University, Tianjin, 30007, Shandong Institute of Business and Techenology , Yantai, 264005);Evaluation and Management of Custom Based on BP neural network[A];[C];2006
3 Feng Feixiang Feng Fuzhou Jiang Pengcheng Liu Jing Liu Jianmin (Department of Mechanical Engineering of the Academy of Armored Forces Engineering,Beijing 100072);THE APPLICATION OF RF AND K-APPROACH IN RESEARCH OF TANK GEAR-BOX STATE IDENTIFICATION[A];[C];2008
4 ZHANG Yun-qi~(1,2) LI Jun~2 DAI Wen-feng~2 (1.School of Management,Tianjin University,Tianjing 300072,China;2.Shangdong Institute of Business and Technology,Yantai 264005,China);Using of Fuzzy Clustering to Appraise Customer Credit[A];[C];2005
5 ZHANG Hua, LU Tai-ping ( College of Accountancy, Anhui University of Finance and Economics, Bengbu 233041, China);The Modified Grey Target Model Rating Firms' Credit Based on Z Score[A];[C];2006
6 LI Jun, CHEN Shi-jun, ZHANG Yun-qi ( School of Management, Tianjin University, Tianjin 300072,China; Shandong Institute of Business and Techenology , Yantai 264005 , China);Evaluation of Custom Credit Risk Based on FA-BP Neural Network[A];[C];2006
7 WU Chong XIA Han (School of Management, Harbin Institute of Technology, Harbin 150001,China);Study of Customer Credit Evaluation under E-Environment Based on Support Vector Machines Ensemble[A];[C];2008
【Secondary Citations】
Chinese Journal Full-text Database 10 Hits
1 JIANG Tian, HAN Li-yan (School of Economics and Management, Beijing University of Aeronautics and Astronautics, Beijing 100083, China);Forecast of Financial Distress for Chinese Pre-losing Listed Companies Based on the Logistic Model[J];Journal of Beijing University of Aeronautics and Astronautics(Social Sciences Edition);2004-01
2 Wang Huiwen Wang Jie Huang Haijun(School of Economics and Management,Beijing University of Aeronautics and Astronautics,Beijing 100191,China);Modeling strategy of principle component regression[J];Journal of Beijing University of Aeronautics and Astronautics;2008-06
3 LI Huazhong (Shanghai General department,Changchen Security Ld.Company,Shanghai 200050,China);The Research of the Prediction System to the Management Failure of Companies List[J];The Study of Finance and Economics;2001-10
4 YU Liyong~1, ZHAN Jiehui~2 (1. Guanghua School of Management, Peking University, Beijing 100871, China; 2.Harbin Institute of Technology, Harbin 150001, China);A Research on Probability of Default prediction Based on Logistic Regression Analysis[J];The Study of Finance and Economics;2004-09
5 SHI Xiao-jun, XIAO Yuan-wen, REN Ruo-en (School of Management, Beijing University of Aeronautics and Astronautics, Beijing 100083, China; Division of Risk Management, Beijing HuaYou Natural Gas Co. Ltd. , Beijing 100101, China);The Optimal Sample Pairing and the Critical Value of Logistic Default Risk Model: the China Case[J];The Study of Finance and Economics;2005-09
6 ZHANG Jie LIU Dong;Commercial Credit,Financing Constraint and Financing Behavior Of SMS Enterprises in Our Country——A Questionnaire on Enterprises of Manufacturing Industry in Jiangsu Province and an Empirical Study[J];Finance Forum;2006-10
7 WANG Lei,PAN Jin,JIAO Li-cheng (Key Lab for Radar Signal Processing,Xidian Univ.,Xi′an 710071,China);The Immune Algorithm[J];ACTA ELECTRONICA SINICA;2000-07
8 YU Yan, LIANG Liang (School of Business,University of Science and Technology of China,Hefei 230026,China);Extensions of the TOPSIS for Multiple Criteria Decision Making[J];Systems Engineering;2003-02
9 LI Jian-ping~1,XU Wei-xuan~1,LIU Jing-li~1,SHI Yong~2 (1. Institute of Policy and Management, Chinese Academy of Sciences,Beijing 100080,China; 2. Graduate School,Chinese Academy of Sciences, Beijing 100039,China);Support Vector Machines Approach to Credit Evaluation[J];Systems Engineering;2004-10
10 Wu Jian;Loss Given Default (LGD) in Internal Rating Based Approaches (IRB) of Basel II[J];Studies of International Finance;2005-02
China Proceedings of conference Full-text Database 1 Hits
1 WU De-sheng, LIANG Liang (School of Business, University of Science and Technology of China, Hefei 230026, China);An Application of Probabilistic Neural Network to Warning for Corporate Financial Distress[A];[C];2003
©2006 Tsinghua Tongfang Knowledge Network Technology Co., Ltd.(Beijing)(TTKN) All rights reserved