A fuzzy logic evaluation system for commercial loan analysis

J Levy, E Mallach and P Duchessi

Omega, 1991, vol. 19, issue 6, 651-669

Abstract: This paper introduces an application of fuzzy logic to commercial loan analysis. It describes the fuzzy sets and linguistic variables that contribute to the financial evaluation. It also presents a computer-based Fuzzy Logic Evaluation System consisting of the components Specify Fuzzy Sets, Edit Rules, and Evaluator. The Evaluator performs fuzzification, evaluation, and defuzzification activities. Using company-specific and industry financial data, the current version of the system appraises a company's credit, capital, and capacity performance. A specific example for efficiency analysis illustrates the system constructs.

Keywords: commercial; loan; analysis; fuzzy; logic; fuzzy; set (search for similar items in EconPapers)
Date: 1991
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Citations: View citations in EconPapers (3)

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