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Credit Scoring and Its Applications
TLDR
Lyn C. Thomas as discussed by the authors is a Professor of Management Science at the University of Southampton, UK and David B. Edelman is Credit Director of Royal Bank of Scotland, Edinburgh.Abstract:
From the Publisher:
About the Author
Lyn C. Thomas is a Professor of Management Science at the University of Southampton. Jonathan N. Crook is Reader in Business Economics at the University of Edinburgh. David B. Edelman is Credit Director of Royal Bank of Scotland, Edinburgh.read more
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Benchmarking state-of-the-art classification algorithms for credit scoring
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Measuring classifier performance: a coherent alternative to the area under the ROC curve
TL;DR: A simple valid alternative to the AUC is proposed, and the property of it being fundamentally incoherent in terms of misclassification costs is explored in detail.
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Benchmarking state-of-the-art classification algorithms for credit scoring: An update of research
TL;DR: The study of Baesens et al. (2003) is updated and several novel classification algorithms to the state-of-the-art in credit scoring are compared, providing an independent assessment of recent scoring methods and offering a new baseline to which future approaches can be compared.
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Recent developments in consumer credit risk assessment
TL;DR: Consumer credit risk assessment involves the use of risk assessment tools to manage a borrower’s account from the time of pre-screening a potential application through to the management of the account during its life and possible write-off.