Lyócsa, Štefan; Vašaničová, Petra; Hadji Misheva, … - In: Financial innovation : FIN 8 (2022), pp. 1-21
such that an investor base is profitable in the long run. Traditionally, credit-risk management relies on credit scoring … that predicts loans' probability of default. In this paper, we use a profit scoring approach that is based on modeling the … annualized adjusted internal rate of returns of loans. To validate our profit scoring models with traditional credit scoring …