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Algorithmic consumer credit scoring has caused anxiety among scholars and policy makers. After a significant legislative effort by the European Union, the General Data Protection Regulation (GDPR) containing provisions tailored to automated decision-making (ADM) was implemented. When the EU...
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that have been trained with the optimal swarm intelligence algorithm. Specifically, we trained neural network with seven … different swarm intelligence algorithm (bat algorithm, chicken swarm optimization, cuckoo search optimization, firefly algorithm …, particle swarm optimization, social spider algorithm, and whale swarm algorithm) to find out the superior combination of …
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We apply machine-learning techniques to construct nonlinear nonparametric forecasting models of consumer credit risk. By combining customer transactions and credit bureau data from January 2005 to April 2009 for a sample of a major commercial bank's customers, we are able to construct...
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of credit risk obtained using 10 runs of 10-fold cross validation of the Re-RX algorithm family, including the Re …-RX algorithm, the Re-RX algorithm with both discrete and continuous attributes (Continuous Re-RX), the Re-RX algorithm with J48 …graft, the Re-RX algorithm with a trained neural network (Sampling Re-RX), NeuroLinear, NeuroLinear+GRG, and three unique …
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