We formalise and present an innovative general approach for developing complex system models from survey data by applying Bayesian Networks. The challenges and approaches to converting survey data into usable probability forms are explained and a general approach for integrating expert knowledge...

Ever since the first incarnations of maturity models, critics have voiced several concerns with these frameworks. Indeed, a lack of model fit and oversimplification of the real world can be attributed to the rigidity of these models, which assumes that each organization that uses the framework...

In this paper, we introduce models of sequential decision making in consumer lending. From the definition of adverse selection in static lending models, we show that homogenous borrowers take-up offers at different instances of time when faced with a sequence of loan offers. We postulate that...

This paper presents a supervised classification model, where the indicators of correlation between dependent and independent variables within each class are utilized for a transformation of the large-scale input data to a lower dimension without loss of recognition relevant information. In the...

In many industrial situations, where systems must be monitored using data recorded throughout a historical period of observation, one cannot fully rely on sensor data, but often only has event data to work with. This, in particular, holds for legacy data, whose evaluation is of interest to...

We discuss a social decision making model in which individuals, represented by nodes, interact with each other through ties in a social network. Each node takes its decisions considering a set of points of view in a multiple criteria decision making perspective. Our model suggests the interplay...

We formalise and present an innovative general approach for developing complex system models from survey data by applying Bayesian Networks. The challenges and approaches to converting survey data into usable probability forms are explained and a general approach for integrating expert knowledge...

Ever since the first incarnations of maturity models, critics have voiced several concerns with these frameworks. Indeed, a lack of model fit and oversimplification of the real world can be attributed to the rigidity of these models, which assumes that each organization that uses the framework...

In this paper, we introduce models of sequential decision making in consumer lending. From the definition of adverse selection in static lending models, we show that homogenous borrowers take-up offers at different instances of time when faced with a sequence of loan offers. We postulate that...

There is a perpetual elevation in demand for higher education in the last decade all over the world; therefore, the need for improving the education system is imminent. Educational data mining is a newly-visible area in the field of data mining and it can be applied to better understanding the...