Readings in Credit Scoring
Foundations, Developments, and Aims
Published on 8. July 2004
Book
Hardback
338 pages
978-0-19-852797-8 (ISBN)
Description
Credit scoring is one of the most successful applications of statistical and management science techniques in finance in the last forty years. This unique collection of recent papers, with comments by experts in the field, provides excellent coverage of recent developments, advances and aims in credit scoring. Aimed at statisticians, economists, operational researchers and mathematicians working in both industry and academia, and to all working on credit scoring and data mining, it is an invaluable source of reference.
More details
Series
Language
English
Place of publication
Oxford
United Kingdom
Target group
College/higher education
Illustrations
numerous line drawings
Dimensions
Height: 247 mm
Width: 173 mm
Thickness: 24 mm
Weight
730 gr
ISBN-13
978-0-19-852797-8 (9780198527978)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Persons
The authors are the organisers of the series of International Conferences on Credit Scoring and Credit Control.
Lyn C Thomas is a fellow of the Royal Society of Edinburgh, a past president of the Operational Research Society, winner of the Presidents Medal.
Jonathan N Crook is a winner of the Goodeve Medal, Operational Society 1999 (with L C Thomas and J L Banasik).
Lyn C Thomas is a fellow of the Royal Society of Edinburgh, a past president of the Operational Research Society, winner of the Presidents Medal.
Jonathan N Crook is a winner of the Goodeve Medal, Operational Society 1999 (with L C Thomas and J L Banasik).
Content
A: HISTORICAL DEVELOPMENT OF CREDIT AND BEHAVIOURAL SCORING ; Legal, social and economic issues in implementing scoring in the US ; Problems in applying discriminant analysis in credit scoring models ; Behaviour scoring and adaptive control systems ; B: OBJECTIVES AND MEASURES IN CREDIT SCORING ; Measures for comparing scoring systems ; The use of affordability data - does it add real value? ; Improving lender offers using consumer preferences ; C: PRACTICAL IMPLEMENTATION OF SCORING SYSTEMS ; Updating scorecards: Removing the mystique ; Efficient frontier cut-off policies in credit portfolios ; D: FEATURES OF SCORING ; Can reject inference ever work? ; The flat-maximum effect and generic linear scoring models: a test ; The degradation of the scorecard over the business cycle ; Inferring the inferred ; E: OTHER APPLICATIONS OF SCORING IN CREDIT RISK ; Detecting credit card fraud using expert systems ; A single European scorecard ; Small sample scoring ; F: ALTERNATIVE APPROACHES TO SCORING SYSTEMS ; Survival analysis and the credit granting decision ; Graphical models in credit scoring ; Credit scoring using neural and evolutionary techniques ; Segmenting in Markov chain consumer credit behaviour models