Multi-agent hybrid mechanism for financial risk management

Jianyuan Yan, Jui-Jung Liao, Ching-Hui Shih

Abstract


Purpose: The goal of this study was to propose the multi-agent mechanism to forecast the corporate financial distress.

Design/methodology/approach: This study utilized numerous methods, namely random subspace method, discriminant analysis and decision tree to construct the multi-agent forecasting model.

Findings and Originality/value: The study shows a superior forecasting performance.

Originality/value: The use of multi-agent model to predict the corporate financial distress.


Keywords


hybrid model, multi-agent mechanism, financial distress, intangible assets, risk management

Full Text:

PDF


DOI: http://dx.doi.org/10.3926/jiem.1313


Licencia de Creative Commons 

This work is licensed under a Creative Commons Attribution 4.0 International License

Journal of Industrial Engineering and Management, 2008-2019

Online ISSN: 2013-0953; Print ISSN: 2013-8423; Online DL: B-28744-2008

Publisher: OmniaScience