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An application of machine learning in the domain of loan analysis

  • José Ferreira
  • Joaquim Correia
  • Thomas Jamet
  • Ernesto Costa
Position Papers Inductive Learning and Applications
Part of the Lecture Notes in Computer Science book series (LNCS, volume 667)

Abstract

Making decisions on whether to give or not a financial support to an industrial project is a very common and yet very complex task. Financial institutions need much expertise to deal with the large amount of information that has to be considered for this process. An expert system based approach seems to be an interesting solution to the problems raised by this type of application. Knowledge acquisition is, however, a very time consuming task. We have used APT, a multistrategy learning system, as a knowledge elicitation tool in the domain of loan decision. We describe the process of building and refining a knowledge base and compare the results of our approach to a conventional expert system.

Keywords

generalization knowledge acquisition machine learning applications 

References

  1. 1.
    Coimbra, Isoft, and LRI: Case Study on Loan Analysis. Technical Report, MLT ESPRIT Project P2154, November 1992.Google Scholar
  2. 2.
    NEDELLEC C.: A Smallest Generalization Step Strategy. In: Proceedings of the Eighth International Workshop on Machine Learning, pp 529–533, June 1991.Google Scholar
  3. 3.
    NEDELLEC C.: How to Specialize by Theory Refinement. In: Proceedings of Tenth European Conference on Artificial Intelligence, August 1992.Google Scholar
  4. 4.
    Isoft, LRI, and Coimbra: User's guide to APT. Deliverable 4.2, MLT ESPRIT Project P2154, September 1991.Google Scholar
  5. 5.
    P. J. XARDONÉ and E. P. LEITÄO: SPAC — Sistema Pericial para Análise de Crédito. Faculdade de Ciências, Universidade de Lisboa, 1989.Google Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 1993

Authors and Affiliations

  • José Ferreira
    • 1
  • Joaquim Correia
    • 1
  • Thomas Jamet
    • 2
  • Ernesto Costa
    • 1
  1. 1.Lab. de Informática e SistemasUniversidade de CoimbraCoimbraPortugal
  2. 2.IsoftOrsayFrance

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