The Early Warning of Financial Crisis in China: Based on the Model of Artificial Neural Network

Author(s):  
Feng Kong ◽  
Wei Wang
2016 ◽  
Vol 2016 ◽  
pp. 1-14 ◽  
Author(s):  
Ivana Sušanj ◽  
Nevenka Ožanić ◽  
Ivan Marović

In some situations, there is no possibility of hazard mitigation, especially if the hazard is induced by water. Thus, it is important to prevent consequences via an early warning system (EWS) to announce the possible occurrence of a hazard. The aim and objective of this paper are to investigate the possibility of implementing an EWS in a small-scale catchment and to develop a methodology for developing a hydrological prediction model based on an artificial neural network (ANN) as an essential part of the EWS. The methodology is implemented in the case study of the Slani Potok catchment, which is historically recognized as a hazard-prone area, by establishing continuous monitoring of meteorological and hydrological parameters to collect data for the training, validation, and evaluation of the prediction capabilities of the ANN model. The model is validated and evaluated by visual and common calculation approaches and a new evaluation for the assessment. This new evaluation is proposed based on the separation of the observed data into classes based on the mean data value and the percentages of classes above or below the mean data value as well as on the performance of the mean absolute error.


2022 ◽  
pp. 1224-1245
Author(s):  
Ramona Diana Leon

The sharing economy is challenging the traditional business models and strategies by encouraging collaboration, non-ownership, temporal access, and redistribution of goods and/or services. Within this framework, the current chapter aims to examine how managers influence, voluntarily or involuntarily, the reliability of a managerial early warning system, based on an artificial neural network. The analysis focuses on seven Romanian sustainable knowledge-based organizations and brings forward that managers tend to influence the results provided by a managerial early warning system based on artificial neural network, voluntarily and involuntarily. On the one hand, they are the ones who consciously decide which departments and persons are involved in establishing the structure of the managerial early warning system. On the other hand, they unconsciously influence the structure of the managerial early warning system through the authority they exercise during the managerial debate.


2013 ◽  
Vol 336-338 ◽  
pp. 2476-2479 ◽  
Author(s):  
Hong Xiao Zhou ◽  
Sai Hua Xu

The traditional financial risk warning model are all based on probability theory and statistical analysis, but the precisions of the results are usually not satisfied in practice. This paper studies the application of artificial neural network in corporate financial risk early-warning. It designs an early warning model of financial risk based on BP neural network. And then selects financial data from 30 enterprises as samples to train and test the network. The result indicates that the risk early warning model is very effective. It can solve some problems of the traditional early warning methods such as difficult to deal with highly non-linear and lack of adaptive capacity.


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