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Unstable regions in the scorecards’ input space

In: Symposium for Young Researchers 2007: Proceedings

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Author Info
Imre Szûcs () (Szent István University)

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Abstract

Data mining algorithms become more and more popular to satisfy the Basle II requirements, like to predict the probability of default. Not all of these models can be understood easily from economical point of view, which involve the importance of stress tests. In this paper we try to map a retail credit scorecard’s input space to find regions where predictions can lead to significant differing results. Different definitions for similarity and prediction difference are examined to reach an economically and statistically simultaneously interpretable abstraction.

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This chapter was published in: Anna Francsovics (ed.) Symposium for Young Researchers 2007: Proceedings, , pages 181-186, 2007.

This item is provided by Budapest Tech, Keleti Faculty of Economics in its series Proceedings Papers of Business Sciences: Symposium for Young Researchers (FIKUSZ) 2007 with number 181-186.

Handle: RePEc:pkk:sfyr07:181-186

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