3,649 research outputs found
Operations research in consumer finance: challenges for operational research
No full textConsumer finance has become one of the most important areas of banking both because of the amount of money being lent and the impact of such credit on the global economy and the realisation that the credit crunch of 2008 was partly due to incorrect modelling of the risks in such lending. This paper reviews the development of credit scoring,-the way of assessing risk in consumer finance- and what is meant by a credit score. It then outlines ten challenges for Operational Research to support modelling in consumer finance. Some of these are to developing more robust risk assessment systems while others are to expand the use of such modelling to deal with the current objectives of lenders and the new decisions they have to make in consumer financ
Structural Geology of the Cariboo Gold Mining District, East-Central British Columbia:
Full text linkL.C. Struik.Memoir (Geological Survey of Canada) ; 421
Modelling consumer acceptance probabilities
No full textThis paper investigates how to estimate the likelihood of a customer accepting a loan offer as a function of the offer parameters and how to choose the optimal set of parameters for the offer to the applicant in real time. There is no publicly available data set on whether customers accept the offer of a financial product, whose features are changing from offer to offer. Thus, we develop our own data set using a fantasy student current account. In this paper, we suggest three approaches to determine the probability that an applicant with characteristics will accept offer characteristics using the fantasy student current account data. Firstly, a logistic regression model is applied to obtain the acceptance probability. Secondly, linear programming is adapted to obtain the acceptance probability model in the case where there is a dominant offer characteristic, whose attractiveness increases (or decreases) monotonically as the characteristic's value increases. Finally, an accelerated life model is applied to obtain the probability of acceptance in the case where there is a dominant offer characteristic
Strengthening mechanism of nano-Al2O3 particles reinforced Sn3.5Ag0.5Cu lead-free solder
No full textTopological Analyses and Bond Characterization of 1, 3, 5, 7-Tetra- tert-butyl-s-Indacene: A Weak Csp3-H...H-Csp2 Type Dihydrogen Interaction
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