A model for valuation of the branch offices of a savings bank based on rough sets

C. Pérez‐Llera, C. Fernández‐Baizán, J. L. Fanjul and J. Feito

Intelligent Systems in Accounting, Finance and Management, 2004, vol. 12, issue 3, 187-213

Abstract: This work proposes a model for the valuation of branch offices of banks based on the rough set theory, which could be used as the basis for a decision‐making system for dimensioning strategies of a financial entity. It compares the rough set approach with the competitive discriminant analysis methodology using a common set of data from 421 branches. We pay special attention to data reduction and the creation of decision rules that will allow future branches to be classified. These rules could constitute the basis for the evaluation of the viability of dimensioning strategies for a financial entity. In order to evaluate the predictive capabilities of the decision rules, we present the results of cross‐validation tests to evaluate the ability of the model to classify new branches. It appears that the rough sets approach provides a favourable tool for the valuation of branch offices. Copyright © 2004 John Wiley & Sons, Ltd.

Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1002/isaf.242

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:wly:isacfm:v:12:y:2004:i:3:p:187-213

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1099-1174

Access Statistics for this article

More articles in Intelligent Systems in Accounting, Finance and Management from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().