Survival analysis for technology credit scoring adjusting total perception

T H Moon and S Y Sohn
Additional contact information
T H Moon: Yonsei University
S Y Sohn: Yonsei University

Journal of the Operational Research Society, 2011, vol. 62, issue 6, 1159-1168

Abstract: Abstract In the area of technology financing, the scorecard model is one of the most popular tools used to help organizations decide whether or not to grant loans to applicant firms. However, the scorecards are often filled-in based on the evaluator’s total perception rather than the individual attribute scores of which the scorecards are composed. Misleading results may occur when reversely scored individual attributes that are based on the total perception are used in the default prediction model. This paper proposes a survival model that takes into account not only the time to default but also the total perception scoring phenomenon. This proposed approach is expected to contribute to decision-making in various areas of technology, such as R&D investments, alliances, transfers, and loans.

Keywords: technology scorecard; perception scoring phenomenon; survival analysis; binary classification; censoring information (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://link.springer.com/10.1057/jors.2010.80 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:jorsoc:v:62:y:2011:i:6:d:10.1057_jors.2010.80

Ordering information: This journal article can be ordered from
http://www.springer. ... search/journal/41274

DOI: 10.1057/jors.2010.80

Access Statistics for this article

Journal of the Operational Research Society is currently edited by Tom Archibald and Jonathan Crook

More articles in Journal of the Operational Research Society from Palgrave Macmillan, The OR Society
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().