Härdle, Wolfgang; Moro, Rouslan; Schäfer, Dorothea - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2007
tested.
JEL classification: C14; G33; C45
Keywords: Bankruptcy; Company rating; Default probability; Support vector
machines … as the SVM will become more
commonplace in company rating since they better represent data, provide
higher forecasting … performance and flexibility, eliminating the manual selection of the score
function, make the SVM a suitable candidate for company …