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Reseach Article

Framing Qualitative Bankruptcy Prediction Rules Using Ant Colony Algorithm

by A. Martin, V. Aswathy, V. Prasanna Venkatesan
International Journal of Computer Applications
Foundation of Computer Science (FCS), NY, USA
Volume 41 - Number 21
Year of Publication: 2012
Authors: A. Martin, V. Aswathy, V. Prasanna Venkatesan
10.5120/5827-8143

A. Martin, V. Aswathy, V. Prasanna Venkatesan . Framing Qualitative Bankruptcy Prediction Rules Using Ant Colony Algorithm. International Journal of Computer Applications. 41, 21 ( March 2012), 32-36. DOI=10.5120/5827-8143

@article{ 10.5120/5827-8143,
author = { A. Martin, V. Aswathy, V. Prasanna Venkatesan },
title = { Framing Qualitative Bankruptcy Prediction Rules Using Ant Colony Algorithm },
journal = { International Journal of Computer Applications },
issue_date = { March 2012 },
volume = { 41 },
number = { 21 },
month = { March },
year = { 2012 },
issn = { 0975-8887 },
pages = { 32-36 },
numpages = {9},
url = { https://ijcaonline.org/archives/volume41/number21/5827-8143/ },
doi = { 10.5120/5827-8143 },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Journal Article
%1 2024-02-06T20:30:13.375774+05:30
%A A. Martin
%A V. Aswathy
%A V. Prasanna Venkatesan
%T Framing Qualitative Bankruptcy Prediction Rules Using Ant Colony Algorithm
%J International Journal of Computer Applications
%@ 0975-8887
%V 41
%N 21
%P 32-36
%D 2012
%I Foundation of Computer Science (FCS), NY, USA
Abstract

This paper is to frame qualitative Bankruptcy Prediction (BP) rules using the concept of Ant Colony Algorithm. There are various researches in the area of qualitative BP, among them Genetic Algorithm (GA) seems to more effective. But the redundancy and over lapping of the generated rules cannot be overcome by GA. In our work, we are proposing ACO for generating the rules for qualitative BP. The heuristic function and the pheromone trails are some of the features of ACO, which helps to give a positive feedback in generating rules and to avoid false rules. We are using Association Rule Miner (ARM) algorithm to cluster the generated rules and Partial Swarm Optimization (PSO) Technique to get the best rules among the generated rules. By using this we can generate better rules with more qualitative factors and redundancy and overlapping of the rules can also be avoided.

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Index Terms

Computer Science
Information Sciences

Keywords

Bankruptcy Prediction Ant Colony Algorithm Partial Swarm Optimization Association Rule Miner Heuristic Function Pheromone Trail