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One-Class Classification to Predict the Success of Private-Participation Infrastructure Projects in Europe

  • Álvaro HerreroEmail author
  • Alfredo Jiménez
Conference paper
Part of the Advances in Intelligent Systems and Computing book series (AISC, volume 950)

Abstract

Foreign investment has significantly increased in infrastructure projects as governments have realized the potential advantages for the host countries in terms of capital and technical expertise. Private participation projects are a common vehicle for private firms to invest in infrastructures, although these projects are typically subject to pressures from the government, consumers, suppliers, regulatory institutions, and public opinion. Forecasting the success of these projects in advance is a key element to be taken into account when deciding about participation. To support this kind of decisions, present paper proposes the application of some one-class classifiers to check their ability to predict the final success of private participation projects involving infrastructures. To validate the proposed soft-computing models, they are applied to a real-life dataset from the World Bank, comprising information about projects in European countries within the Energy and Telecommunication sectors.

Keywords

Classification Support Vector Machines Random trees k nearest neighbors Private-participation projects Internationalization 

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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.Grupo de Inteligencia Computacional Aplicada (GICAP), Departamento de Ingeniería Civil, Escuela Politécnica SuperiorUniversidad de BurgosBurgosSpain
  2. 2.Department of ManagementKEDGE Business SchoolBordeauxFrance

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