Bankruptcy forecasting using case-based reasoning: The CRePERIE approach

作者:

Highlights:

• An approach to bankruptcy forecasting and solution is proposed.

• The Case-Based Reasoning paradigm is used, focusing on Revise step.

• Different from the past, pure CBR has been applied in a real case study.

• Compared with Z”-Score, the method shows good performance in predicting bankruptcy.

• The approach suggests how to act before the firm situation becomes irreversible.

摘要

•An approach to bankruptcy forecasting and solution is proposed.•The Case-Based Reasoning paradigm is used, focusing on Revise step.•Different from the past, pure CBR has been applied in a real case study.•Compared with Z”-Score, the method shows good performance in predicting bankruptcy.•The approach suggests how to act before the firm situation becomes irreversible.

论文关键词:Case-based reasoning,Bankruptcy prediction,Overall similarity

论文评审过程:Received 17 May 2016, Revised 12 July 2016, Accepted 22 July 2016, Available online 26 July 2016, Version of Record 8 August 2016.

论文官网地址:https://doi.org/10.1016/j.eswa.2016.07.033