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Audit Client Composition and Predicting Large Bank Failures: A Possibilistic Approach
Conference proceeding

Audit Client Composition and Predicting Large Bank Failures: A Possibilistic Approach

Jan Smolarski, Thomas Whalen and IEEE
2009 ANNUAL MEETING OF THE NORTH AMERICAN FUZZY INFORMATION PROCESSING SOCIETY, p.359
01/01/2009

Abstract

Computer Science Computer Science, Artificial Intelligence Computer Science, Information Systems Computer Science, Interdisciplinary Applications Science & Technology Technology
We develop a possibility based model with the aim of helping firms to deal with difficult-to-predict catastrophic failures. Our study is motivated by the recent economic turmoil and recent large financial firm failures. Our results suggest that specialization is an alternative to portfolio diversification in predicting catastrophic events.

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