An out-of-sample framework for TOPSIS-based classifiers with application in bankruptcy prediction

Volume: 131, Pages: 111 - 116
Published: Jun 1, 2018
Abstract
Since the publication of the seminal paper by Hwang and Yoon (1981) proposing Technique for Order Performance by the Similarity to Ideal Solution (TOPSIS), a substantial number of papers used this technique in a variety of applications requiring a ranking of alternatives. Very few papers use TOPSIS as a classifier (e.g. Wu and Olson, 2006; Abd-El Fattah et al., 2013) and report a good performance as in-sample classifiers. However, in practice,...
Paper Details
Title
An out-of-sample framework for TOPSIS-based classifiers with application in bankruptcy prediction
Published Date
Jun 1, 2018
Volume
131
Pages
111 - 116
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