ELECTRE: A comprehensive literature review on methodologies and applications

K Govindan, MB Jepsen - European Journal of Operational Research, 2016 - Elsevier
Multi-criteria decision analysis (MCDA) is a valuable resource within operations research
and management science. Various MCDA methods have been developed over the years …

Predicting financial distress and corporate failure: A review from the state-of-the-art definitions, modeling, sampling, and featuring approaches

J Sun, H Li, QH Huang, KY He - Knowledge-Based Systems, 2014 - Elsevier
As a hot topic, financial distress prediction (FDP), or called as corporate failure prediction,
bankruptcy prediction, acts as an important role in decision-making of various areas …

A comparative survey of artificial intelligence applications in finance: artificial neural networks, expert system and hybrid intelligent systems

A Bahrammirzaee - Neural Computing and Applications, 2010 - Springer
Nowadays, many current real financial applications have nonlinear and uncertain behaviors
which change across the time. Therefore, the need to solve highly nonlinear, time variant …

Machine learning in financial crisis prediction: a survey

WY Lin, YH Hu, CF Tsai - IEEE Transactions on Systems, Man …, 2011 - ieeexplore.ieee.org
For financial institutions, the ability to predict or forecast business failures is crucial, as
incorrect decisions can have direct financial consequences. Bankruptcy prediction and …

Hybrid genetic algorithm and fuzzy clustering for bankruptcy prediction

CH Chou, SC Hsieh, CJ Qiu - Applied Soft Computing, 2017 - Elsevier
In the design of a financial bankruptcy prediction model, financial ratio selection and
classifier design play major roles. Methodology based on expert opinion, statistical theory …

Multiple criteria decision aiding for finance: An updated bibliographic survey

C Zopounidis, E Galariotis, M Doumpos, S Sarri… - European Journal of …, 2015 - Elsevier
Finance is a popular field for applied and methodological research involving multiple criteria
decision aiding (MCDA) techniques. In this study we present an up-to-date bibliographic …

Deep preference learning for multiple criteria decision analysis

K Martyn, M Kadziński - European Journal of Operational Research, 2023 - Elsevier
We propose preference learning algorithms for inferring the parameters of a threshold-
based sorting model from large sets of assignment examples. The introduced framework is …

A multicriteria outranking approach for modeling corporate credit ratings: An application of the Electre Tri-nC method

M Doumpos, JR Figueira - Omega, 2019 - Elsevier
Corporate credit ratings are widely used in financial services for risk management,
investment, and financing decisions. In this study, the use of a recently developed …

Review of multi-criteria decision-making methods in finance using explainable artificial intelligence

J Černevičienė, A Kabašinskas - Frontiers in artificial intelligence, 2022 - frontiersin.org
The influence of Artificial Intelligence is growing, as is the need to make it as explainable as
possible. Explainability is one of the main obstacles that AI faces today on the way to more …

A multi-objective genetic optimization for fast, fuzzy rule-based credit classification with balanced accuracy and interpretability

MB Gorzałczany, F Rudziński - Applied Soft Computing, 2016 - Elsevier
Credit classification is an important component of critical financial decision making tasks
such as credit scoring and bankruptcy prediction. Credit classification methods are usually …