A PREFORMANCE ANALYSIS OF PARAMETRIC AND NONPARAMETRIC DISCRIMINANT APPROACHES TO BUSINESS DECISION MAKING
用232家破产与非破产公司的财务数据,比较四种新非参数方法与四种传统参数判别分析的效果,发现非参数方法(除线性规划外)表现不差或更好。
ABSTRACT This paper empirically investigation the performance of four relatively new nonparametric techniques against four different parameteric versions of discriminant analysis. The models were constructed and analyzed using financial data drawn from 232 bankrupt and nonbankrupt companies. Generally, the nonparametric approaches, with the exception of linear programming, performed as well as or better than the more traditional discriminant analysis.