Multinomial Ordinal Response Models
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F13%3A43885466" target="_blank" >RIV/60076658:12510/13:43885466 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—
Alternative languages
Result language
angličtina
Original language name
Multinomial Ordinal Response Models
Original language description
For managing of credit risk in banks, it is fundamental to decide to which customer a loan or service will be offered and to which one it will not. The banks use many methods modeling and forecasting risk?application scorecards, probability of default etc. Inside these methods mainly binary models and logistic regression as technique are applied. The article intends to shortly illustrate and describe extension of these models on situations where response (dependent) variable has more than two categories. The binary models (or dichotomous, i.e. models in which dependent variable has just two categories) are not the only ones, it is possible to use models in which dependent variable has more than two categories?multinomial models. There are two main groups of such models: with ordered (ordinal) categories and non-ordered (nominal) categories of the dependent variable.The article describes representatives from both groups, but focus on ordinal models, which are likely to be used in the fi
Czech name
—
Czech description
—
Classification
Type
D - Article in proceedings
CEP classification
BB - Applied statistics, operational research
OECD FORD branch
—
Result continuities
Project
—
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
31st International Conference on Mathematical Methods in Economics 2013
ISBN
978-80-87035-76-4
ISSN
—
e-ISSN
—
Number of pages
7
Pages from-to
386-392
Publisher name
Vysoká škola polytechnická Jihlava
Place of publication
Jihlava
Event location
Jihlava
Event date
Sep 11, 2013
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
—