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A Framework For Generating Data To Simulate Application Scoring, Kenneth Kennedy, Sarah Jane Delany, Brian Mac Namee
A Framework For Generating Data To Simulate Application Scoring, Kenneth Kennedy, Sarah Jane Delany, Brian Mac Namee
Conference papers
In this paper we propose a framework to generate artificial data that can be used to simulate credit risk scenarios. Artificial data is useful in the credit scoring domain for two reasons. Firstly, the use of artificial data allows for the introduction and control of variability that can realistically be expected to occur, but has yet to materialise in practice. The ability to control parameters allows for a thorough exploration of the performance of classification models under different conditions. Secondly, due to non-disclosure agreements and commercial sensitivities, obtaining real credit scoring data is a problematic and time consuming task. By …