Neuro-genetic Approach for Bankruptcy Prediction Modeling

Shin, K. Lee, K., Neuro-genetic Approach for Bankruptcy Prediction Modeling, Lecture Notes in Artificial Intelligence 3214:646–652, September, 2004. – SCIE, ISSN:0302-9743.

Abstract  

Artificial neural network (ANN) modeling has become the dominant modeling paradigm for bankruptcy prediction. To further improve the neural networks prediction capability, the integration of the ANN models and the hybridization of ANN with relevant paradigms such as evolutionary computing has been demanded. This paper first attempted to apply neurogenetic approach to bankruptcy prediction problem for finding optimal weights and confirmed that the approach can be a good methodology though it currently could not outperform the backpropagation learning algorithm. The result of this paper shows a possibility of neurogenetic approach to bankruptcy prediction problem since the simple neurogenetic approach produced a meaningful performance.