Financial crises and bank failures: a review of prediction methods

In this article we analyze financial and economic circumstances associated with the U.S. subprime mortgage crisis and the global financial turmoil that has led to severe crises in many countries. We suggest that the level of cross-border holdings of long-term securities between the United States and the rest of the world may indicate a direct link between the turmoil in the securitized market originated in the United States and that in other countries. We provide a summary of empirical results obtained in several Economics and Operations Research papers that attempt to explain, predict, or suggest remedies for financial crises or banking defaults; we also extensively outline the methodologies used in them. The intent of this article is to promote future empirical research for preventing financial crises.Subprime mortgage ; Financial crises

What is Computational Intelligence and where is it going?

What is Computational Intelligence (CI) and what are its relations with Artificial Intelligence (AI)? A brief survey of the scope of CI journals and books with ``computational intelligence'' in their title shows that at present it is an umbrella for three core technologies (neural, fuzzy and evolutionary), their applications, and selected fashionable pattern recognition methods. At present CI has no comprehensive foundations and is more a bag of tricks than a solid branch of science. The change of focus from methods to challenging problems is advocated, with CI defined as a part of computer and engineering sciences devoted to solution of non-algoritmizable problems. In this view AI is a part of CI focused on problems related to higher cognitive functions, while the rest of the CI community works on problems related to perception and control, or lower cognitive functions. Grand challenges on both sides of this spectrum are addressed

Computational models for inferring biochemical networks

Biochemical networks are of great practical importance. The interaction of biological compounds in cells has been enforced to a proper understanding by the numerous bioinformatics projects, which contributed to a vast amount of biological information. The construction of biochemical systems (systems of chemical reactions), which include both topology and kinetic constants of the chemical reactions, is NP-hard and is a well-studied system biology problem. In this paper, we propose a hybrid architecture, which combines genetic programming and simulated annealing in order to generate and optimize both the topology (the network) and the reaction rates of a biochemical system. Simulations and analysis of an artificial model and three real models (two models and the noisy version of one of them) show promising results for the proposed method.The Romanian National Authority for Scientific Research, CNDI–UEFISCDI, Project No. PN-II-PT-PCCA-2011-3.2-0917

Artificial Intelligence Techniques for Cancer Detection and Classification: Review Study

Cancer is the general name for a group of more than 100 diseases. Although cancer includes different types of diseases, they all start because abnormal cells grow out of control. Without treatment, cancer can cause serious health problems and even loss of life. Early detection of cancer may reduce mortality and morbidity. This paper presents a review of the detection methods for lung, breast, and brain cancers. These methods used for diagnosis include artificial intelligence techniques, such as support vector machine neural network, artificial neural network, fuzzy logic, and adaptive neuro-fuzzy inference system, with medical imaging like X-ray, ultrasound, magnetic resonance imaging, and computed tomography scan images. Imaging techniques are the most important approach for precise diagnosis of human cancer. We investigated all these techniques to identify a method that can provide superior accuracy and determine the best medical images for use in each type of cancer

Enhancing Big Data Feature Selection Using a Hybrid Correlation-Based Feature Selection

This study proposes an alternate data extraction method that combines three well-known feature selection methods for handling large and problematic datasets: the correlation-based feature selection (CFS), best first search (BFS), and dominance-based rough set approach (DRSA) methods. This study aims to enhance the classifier’s performance in decision analysis by eliminating uncorrelated and inconsistent data values. The proposed method, named CFS-DRSA, comprises several phases executed in sequence, with the main phases incorporating two crucial feature extraction tasks. Data reduction is first, which implements a CFS method with a BFS algorithm. Secondly, a data selection process applies a DRSA to generate the optimized dataset. Therefore, this study aims to solve the computational time complexity and increase the classification accuracy. Several datasets with various characteristics and volumes were used in the experimental process to evaluate the proposed method’s credibility. The method’s performance was validated using standard evaluation measures and benchmarked with other established methods such as deep learning (DL). Overall, the proposed work proved that it could assist the classifier in returning a significant result, with an accuracy rate of 82.1% for the neural network (NN) classifier, compared to the support vector machine (SVM), which returned 66.5% and 49.96% for DL. The one-way analysis of variance (ANOVA) statistical result indicates that the proposed method is an alternative extraction tool for those with difficulties acquiring expensive big data analysis tools and those who are new to the data analysis field.Ministry of Higher Education under the Fundamental Research Grant Scheme (FRGS/1/2018/ICT04/UTM/01/1)Universiti Teknologi Malaysia (UTM) under Research University Grant Vot-20H04, Malaysia Research University Network (MRUN) Vot 4L876SPEV project, University of Hradec Kralove, Faculty of Informatics and Management, Czech Republic (ID: 2102–2021), “Smart Solutions in Ubiquitous Computing Environments

Hierarchically Clustered Adaptive Quantization CMAC and Its Learning Convergence

No abstract availabl

Computational Intelligence in Healthcare

The number of patient health data has been estimated to have reached 2314 exabytes by 2020. Traditional data analysis techniques are unsuitable to extract useful information from such a vast quantity of data. Thus, intelligent data analysis methods combining human expertise and computational models for accurate and in-depth data analysis are necessary. The technological revolution and medical advances made by combining vast quantities of available data, cloud computing services, and AI-based solutions can provide expert insight and analysis on a mass scale and at a relatively low cost. Computational intelligence (CI) methods, such as fuzzy models, artificial neural networks, evolutionary algorithms, and probabilistic methods, have recently emerged as promising tools for the development and application of intelligent systems in healthcare practice. CI-based systems can learn from data and evolve according to changes in the environments by taking into account the uncertainty characterizing health data, including omics data, clinical data, sensor, and imaging data. The use of CI in healthcare can improve the processing of such data to develop intelligent solutions for prevention, diagnosis, treatment, and follow-up, as well as for the analysis of administrative processes. The present Special Issue on computational intelligence for healthcare is intended to show the potential and the practical impacts of CI techniques in challenging healthcare applications