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Honey bees mating optimization algorithm for financial classification problems

Marinaki Magdalini, Marinakis Ioannis, Zopounidis Konstantinos

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URIhttp://purl.tuc.gr/dl/dias/2CDD80D6-E1E2-4F2D-96BA-F9C05896F656-
Identifierhttp://www.sciencedirect.com/science/article/pii/S1568494609001707-
Identifierhttps://doi.org/10.1016/j.asoc.2009.09.010-
Languageen-
Extent7 pagesen
TitleHoney bees mating optimization algorithm for financial classification problemsen
CreatorMarinaki Magdalinien
CreatorΜαρινακη Μαγδαληνηel
CreatorMarinakis Ioannisen
CreatorΜαρινακης Ιωαννηςel
CreatorZopounidis Konstantinosen
CreatorΖοπουνιδης Κωνσταντινοςel
PublisherElsevieren
Content SummaryNature inspired methods are approaches that are used in various fields and for the solution for a number of problems. This study uses a nature inspired method, namely Honey Bees Mating Optimization, that is based on the mating behaviour of honey bees for a financial classification problem. Financial decisions are often based on classification models which are used to assign a set of observations into predefined groups. One important step towards the development of accurate financial classification models involves the selection of the appropriate independent variables (features) which are relevant for the problem at hand. The proposed method uses for the feature selection step, the Honey Bees Mating Optimization algorithm while for the classification step, Nearest Neighbor based classifiers are used. The performance of the method is tested in a financial classification task involving credit risk assessment. The results of the proposed method are compared with the results of a particle swarm optimization algorithm, an ant colony optimization, a genetic algorithm and a tabu search algorithm.en
Type of ItemPeer-Reviewed Journal Publicationen
Type of ItemΔημοσίευση σε Περιοδικό με Κριτέςel
Licensehttp://creativecommons.org/licenses/by/4.0/en
Date of Item2015-11-09-
Date of Publication2010-
SubjectHoney Bees Mating Optimizationen
SubjectMetaheuristicsen
SubjectFeature selection problemen
SubjectFinancial classification problemen
Bibliographic CitationM. Marinaki, Y. Marinakis, and C. Zopounidis, "Honey bees mating optimization algorithm for financial classification problems", Appl. Soft Comput., vol. 10, no. 3, pp. 806-812, Jun. 2010. doi:10.1016/j.asoc.2009.09.010en

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