Voting features based classifiers, shortly VFC, have been shown to perform well on most real-world data sets. They are robust to irrelevant features and missing feature values. In this paper, we introduce an extension to VFC, called voting features based classifier with feature construction,...

Recent financial crises and especially large corporate bankruptcies, have led bank managements and financial authorities to follow and monitor both financial and real sector risks, and to focus on firm failures. Bank of International Settlements, has therefore, taken the decision to include the...

One climate related phenomenon could affect many more. The direct costs associated to climate related factors pass to a number of other climate related costs through the indirect economic consequences of climate change. In this paper we propose a mathematical model which aims to provide...

SINGUL is a imperfect competition market (without any auctioneer process) price and quantity calculation model. Its algorithm is analogical because it is built from the most realistic (as possible) behavior of the agents of a market. Our model simulates the meeting between the agents. Each agent...

The paper deals with business potential analysis based on the data published by Czech Statistic Authority (SÚ). It shows that the infrastructure state of the art even in small Czech companies enables to expand ERP and CRM systems, trading over Internet, Supply Chain Management and other new...

In this paper we test a particular variant of the (Repulsive) Particle Swarm method on some rather difficult global optimization problems. A number of these problems are collected from the extant literature and a few of them are newly introduced. First, we introduce the Particle Swarm method of...

This paper demonstrates an evaluation of 71 developed and under-developed countries’ biodiversity performance using a methodological framework based to the new advances of Data Envelopment Analysis (DEA). By using conditional DEA, bootstrapping and kernel density estimations, efficiency levels...

Business simulations are useful tools due to the fact that it eases management decision making. No doubt there are many processes which must be considered and simulated. Therefore, such business simulator is often composed of many processes and contains many agents and interrelations as well....

We introduce a computer program which calculates an agent’s optimal behavior according to Case-based Decision Theory (Gilboa and Schmeidler, 1995) and use it to test CBDT against a benchmark set of problems from the psychological literature on human classification learning (Shepard et al.,...