Publication detail

Possibilities of Qualitative Modeling in Bankruptcy Predicions

KREJČÍŘ, J. WOUTERS, H. DOHNAL, M.

Original Title

Possibilities of Qualitative Modeling in Bankruptcy Predicions

Type

journal article - other

Language

English

Original Abstract

The issue of bankruptcy has long been paid a considerable interest at practical and theoretical levels using more sophisticated tools such as genetic algorithms, neural networks, statistical methods etc. This article describes application of less a used method of Qualitative models which can forecast changes in trends and thus contribute to solving the selected problem even without entirely accurate knowledge of the quantitative data. The model is based on three qualitative values only: increasing, constant, decreasing used to describe the corresponding trends. The result presents eleven possible scenarios and sixteen transitions among them.

Keywords

Bankruptcy, Prediction, Qualitative modeling, Scenario

Authors

KREJČÍŘ, J.; WOUTERS, H.; DOHNAL, M.

RIV year

2011

Released

28. 2. 2011

ISBN

1211-555X

Periodical

Sborník vědeckých prací University Pardubice

Year of study

2011

Number

1

State

Czech Republic

Pages from

89

Pages to

101

Pages count

12

BibTex

@article{BUT36462,
  author="Jaroslav {Krejčíř} and Hana {Wouters} and Mirko {Dohnal}",
  title="Possibilities of Qualitative Modeling in Bankruptcy Predicions",
  journal="Sborník vědeckých prací University Pardubice",
  year="2011",
  volume="2011",
  number="1",
  pages="89--101",
  issn="1211-555X"
}