16,938 research outputs found
Rough set methodology in meta-analysis - a comparative and exploratory analysis
We study the applicability of the pattern recognition methodology "rough set data analysis" (RSDA) in the field of meta analysis. We give a summary of the mathematical and statistical background and then proceed to an application of the theory to a meta analysis of empirical studies dealing with the deterrent effect introduced by Becker and Ehrlich. Results are compared with a previously devised meta regression analysis. We find that the RSDA can be used to discover information overlooked by other methods, to preprocess the data for further studying and to strengthen results previously found by other methods.Rough Data Set, RSDA, Meta Analysis, Data Mining, Pattern Recognition, Deterrence, Criminometrics
Determinants of Long-term Economic Development: An Empirical Cross-country Study Involving Rough Sets Theory and Rule Induction
Empirical findings on determinants of long-term economic growth are numerous, sometimes inconsistent, highly exciting and still incomplete. The empirical analysis was almost exclusively carried out by standard econometrics. This study compares results gained by cross-country regressions as reported in the literature with those gained by the rough sets theory and rule induction. The main advantages of using rough sets are being able to classify classes and to discretize. Thus, we do not have to deal with distributional, independence, (log-)linearity, and many other assumptions, but can keep the data as they are. The main difference between regression results and rough sets is that most education and human capital indicators can be labeled as robust attributes. In addition, we find that political indicators enter in a non-linear fashion with respect to growth.Economic growth, Rough sets, Rule induction
The probability of default in internal ratings based (IRB) models in Basel II: an application of the rough sets methodology
El nuevo Acuerdo de Capital de junio de 2004 (Basilea II) da cabida e incentiva la
implantación de modelos propios para la medición de los riesgos financieros en las
entidades de crédito. En el trabajo que presentamos nos centramos en los modelos internos
para la valoración del riesgo de crédito (IRB) y concretamente en la aproximación a uno de
sus componentes: la probabilidad de impago (PD).
Los métodos tradicionales usados para la modelización del riesgo de crédito, como son el
análisis discriminante y los modelos logit y probit, parten de una serie de restricciones
estadísticas. La metodología rough sets se presenta como una alternativa a los métodos
estadísticos clásicos, salvando las limitaciones de estos.
En nuestro trabajo aplicamos la metodología rought sets a una base de datos, compuesta
por 106 empresas, solicitantes de créditos, con el objeto de obtener aquellos ratios que
mejor discriminan entre empresas sanas y fallidas, así como una serie de reglas de decisión
que ayudarán a detectar las operaciones potencialmente fallidas, como primer paso en la
modelización de la probabilidad de impago. Por último, enfrentamos los resultados obtenidos
con los alcanzados con el análisis discriminante clásico, para concluir que la metodología de
los rough sets presenta mejores resultados de clasificación, en nuestro caso.The new Capital Accord of June 2004 (Basel II) opens the way for and encourages credit entities to implement
their own models for measuring financial risks. In the paper presented, we focus on the use of internal rating
based (IRB) models for the assessment of credit risk and specifically on the approach to one of their
components: probability of default (PD).
In our study we apply the rough sets methodology to a database composed of 106 companies, applicants for
credit, with the object of obtaining those ratios that discriminate best between healthy and bankrupt companies,
together with a series of decision rules that will help to detect the operations potentially in default, as a first step
in modelling the probability of default. Lastly, we compare the results obtained against those obtained using
classic discriminant análisis. We conclude that the rough sets methodology presents better risk classification
results.Junta de Andalucía P06-SEJ-0153
INCENTIVE-COMPATIBLE AND EFFICIENT RESOURCE ALLOCATION IN LARGE ECONOMIES: AN EXACT AND LOCAL APPROACH
The main result of this paper characterizes possibly non-symmetric strategy-proof and efficienct choice functions as Perfectly Competitive. Efficiency is defined as impossibility of improvement by reallocation of commodity among finite sets of agents, and largeness of the economy is captured by a weak aggregation-condition called ""local separability."" Individual rationality constraints with respect to an assignment of endowments imply that the resulting allocations must be Walrasian relative to the assignment of endowments. The exact, local approach combined with a normality assumption on the domain of preferences allows the proofs to remain elementary throughout.
Rough set methodology in meta-analysis - a comparative and exploratory analysis
We study the applicability of the pattern recognition methodology "rough set data analysis" (RSDA) in the field of meta analysis. We give a summary of the mathematical and statistical background and then proceed to an application of the theory to a meta analysis of empirical studies dealing with the deterrent effect introduced by Becker and Ehrlich. Results are compared with a previously devised meta regression analysis. We find that the RSDA can be used to discover information overlooked by other methods, to preprocess the data for further studying and to strengthen results previously found by other methods
Impact Assessment of Qualitative Policy Scenarios; A Comparative Case Study on Land Use in Sicily
The purpose of this paper is to offer a contribution to the study of integrated assessment procedures for evaluating the effectiveness of agri-environmental policy strategies. While in the past the studies in this context have typically concentrated on the contents of methods in isolation, there is a growing trend towards methodological perspectives that support the linking of such methods. The focus here is on the combination of discrete multicriteria approaches used for handling qualitative information in a sequence of steps: the regime method, the evamix method and rough-set analysis. The first two methods will be used to obtain a ranking of four alternative scenarios of agri-environmental policies in a selected area of study, in this case, Sicily. The results obtained are discussed and re-analysed by using the rough-set approach as a recent meta-analytical tool. Finally, the analysis findings are applied to an investigation into the potential effectiveness of agricultural policies in promoting sustainable rural development in Sicily. © 2003, MCB UP Limite
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