• Title/Summary/Keyword: Case-Based Reasoning (CBR)

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Artificial Neural Networks for Interest Rate Forecasting based on Structural Change : A Comparative Analysis of Data Mining Classifiers

  • Oh, Kyong-Joo
    • Journal of the Korean Data and Information Science Society
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    • v.14 no.3
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    • pp.641-651
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    • 2003
  • This study suggests the hybrid models for interest rate forecasting using structural changes (or change points). The basic concept of this proposed model is to obtain significant intervals caused by change points, to identify them as the change-point groups, and to reflect them in interest rate forecasting. The model is composed of three phases. The first phase is to detect successive structural changes in the U. S. Treasury bill rate dataset. The second phase is to forecast the change-point groups with data mining classifiers. The final phase is to forecast interest rates with backpropagation neural networks (BPN). Based on this structure, we propose three hybrid models in terms of data mining classifier: (1) multivariate discriminant analysis (MDA)-supported model, (2) case-based reasoning (CBR)-supported model, and (3) BPN-supported model. Subsequently, we compare these models with a neural network model alone and, in addition, determine which of three classifiers (MDA, CBR and BPN) can perform better. For interest rate forecasting, this study then examines the prediction ability of hybrid models to reflect the structural change.

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A Hybrid Approach Using Case-Based Reasoning and Fuzzy Logic for Corporate Bond Rating (퍼지집합이론과 사례기반추론을 활용한 채권등급예측모형의 구축)

  • Kim Hyun-jung;Shin Kyung-shik
    • Journal of Intelligence and Information Systems
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    • v.10 no.2
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    • pp.91-109
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    • 2004
  • This study investigates the effectiveness of a hybrid approach using fuzzy sets that describe approximate phenomena of the real world. Compared to the other existing techniques, the approach handles inexact knowledge in common linguistic terms as human reasoning does it. Integration of fuzzy sets with case-based reasoning (CBR) is important in that it helps to develop a successful system far dealing with vague and incomplete knowledge which statistically uses membership value of fuzzy sets in CBR. The preliminary results show that the accuracy of the integrated fuzzy-CBR approach proposed for this study is higher that of conventional techniques. Our proposed approach is applied to corporate bond rating of Korean companies.

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A Study on Developing Dynamic Forecasting Model for Periodic Expenditures of Residential Building Projects using Case-Based Reasoning Logics (사례기반 기법을 이용한 공동주택 월간비용 예측모델 개발)

  • Yi, June-Seong
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.117-124
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    • 2004
  • Dynamic and fragmented characteristics ale two of the most significant factors that distinguish the construction industry from other industries. Previous forecasting techniques have failed to solve the problems derived from the above characteristics and do not provide considerable support. This paper deals with providing a more precise forecasting by applying Case-based Reasoning (CBR). The newly developed model in this study enables project managers to forecast monthly expenditures with less time and effort by retrieving and referring only projects of a similar nature, while filtering out irrelevant cases included in database. For the purpose of accurate forecasting. the choice of the numbers of referring projects was investigated. it is concluded that selecting similar projects at $5\~6\;\%$ out of the whole database will produce a more precise forecasting. The new forecasting model. which suggests the predicted values based on previous projects, is more than just a forecasting methodology it provides a bridge that enables current data collection techniques to be used within the context of the accumulated information. This will eventually help all the participants in the construction industry to build up the know ledge derived from invaluable experience.

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Building of Collision Avoidance Algorithm based on CBR

  • Park Gyei-Kark;Benedictos John Leslie RM
    • Proceedings of the Korean Institute of Intelligent Systems Conference
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    • 2006.11a
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    • pp.39-44
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    • 2006
  • Ship's collision avoidance is a skill that masters of merchant marine vessels have acquired through years of experience and that makes them feel at ease to guide their ship out from danger quickly compared to inexperienced officers. Case based reasoning(CBR) uses the same technique in solving tasks that needs reference from variety of situations. CBR can render decision-making easier by retrieving past solutions from situations that are similar to the one at hand and make necessary adjustments in order to adapt them. In this paper, we propose to utilize the advantages of CBR in a support system for ship's collision avoidance while using fuzzy algorithm for its retrieval of similar navigational situations, stored in the casebase, thus avoiding the cumbersome tasks of creating a new solution each time a new situation is encountered. There will be two levels within the Fuzzy-CBR. The first level will identify the dangerous ships and index the new case. The second level will retrieve cases from casebase and adapt the solution to solve for the output. While CBR's accuracy depends on the efficient retrieval of possible solutions to be adapted from stored cases, fuzzy algorithm will improve the effectiveness of solving the similarity to a new case at hand.

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A Study on Reducsion of CBR Using Rough set (Rough 집합을 이용한 사례베이스에 관한 연구)

  • 최성혜;정환묵
    • Proceedings of the Korean Institute of Intelligent Systems Conference
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    • 1996.10a
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    • pp.340-343
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    • 1996
  • 실세계에서 존재하는 대부분의 지식은 다양한 패턴들로 구성되어 있다. 본 논문에서는 사례베이스 추론(Case-Based Reasoning : CBR)에서 다중의 의미를 갖는 불확실한 지식을 쉽게 표현할 수 있는 러프 집합을 이용하여 지식의 함축의 의미를 갖는 지식을 간략화하는 방법을 제안한다. 전문가의 지식 구조를 명확화 하는데는 많은 노력이 필요하고 지식획득의 병목현상이 일어난다. 이러한 문제점을 해결하기 위해 많은 사례의 수를 러프 집합의 성질을 이용하여 사례를 동치 클래스로 분류하여 사례의 수를 감소하므로써 CBR의 기능을 향상시킨다.

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Fuzzy Indexing and Retrieval in CBR with Weight Optimization Learning for Credit Evaluation

  • Park, Cheol-Soo;Ingoo Han
    • Proceedings of the Korea Inteligent Information System Society Conference
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    • 2002.11a
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    • pp.491-501
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    • 2002
  • Case-based reasoning is emerging as a leading methodology for the application of artificial intelligence. CBR is a reasoning methodology that exploits similar experienced solutions, in the form of past cases, to solve new problems. Hybrid model achieves some convergence of the wide proliferation of credit evaluation modeling. As a result, Hybrid model showed that proposed methodology classify more accurately than any of techniques individually do. It is confirmed that proposed methodology predicts significantly better than individual techniques and the other combining methodologies. The objective of the proposed approach is to determines a set of weighting values that can best formalize the match between the input case and the previously stored cases and integrates fuzzy sit concepts into the case indexing and retrieval process. The GA is used to search for the best set of weighting values that are able to promote the association consistency among the cases. The fitness value in this study is defined as the number of old cases whose solutions match the input cases solution. In order to obtain the fitness value, many procedures have to be executed beforehand. Also this study tries to transform financial values into category ones using fuzzy logic approach fur performance of credit evaluation. Fuzzy set theory allows numerical features to be converted into fuzzy terms to simplify the matching process, and allows greater flexibility in the retrieval of candidate cases. Our proposed model is to apply an intelligent system for bankruptcy prediction.

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A Design of Goods Recommendation System based on Multi-crossselling (다중크로스셀링 기반의 개인 상품 추천 시스템의 설계)

  • Yun Jong-Chan;Kim Jong-Jin;Youn Sung-Dae
    • Journal of Korea Multimedia Society
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    • v.9 no.9
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    • pp.1095-1106
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    • 2006
  • Recently, many effort is demanded for appropriate operation and management of the Electronic commerce system. Electronic commerce system must provide information satisfying customers. To do this, many kinds of studies are being advanced about electronic commerce system using intelligent agent technology. In this paper, We propose a support system for goods based on Case-Based Reasoning(CBR) and multi-crossselling technology. The system can supply the information of goods that is suitable about customer need under specification condition with CBR technique and can search several goods approximate to customer pattern using Multi-crossselling technique.

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A Study on Adaptive Knowledge Automatic Acquisition Model from Case-Based Reasoning System (사례 기반 추론 시스템에서 적응 지식 자동 획득 모델에 관한 연구)

  • 이상범;김영천;이재훈;이성주
    • Proceedings of the Korean Institute of Intelligent Systems Conference
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    • 2002.05a
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    • pp.81-86
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    • 2002
  • In current CBR(Case-Based Reasoning) systems, the case adaptation is usually performed by rule-based method that use rules hand-coded by the system developer. So, CBR system designer faces knowledge acquisition bottleneck similar to those found in traditional expert system design. In this thesis, 1 present a model for learning method of case adaptation knowledge using case base. The feature difference of each pair of cases are noted and become the antecedent part of an adaptation rule, the differences between the solutions in the compared cases become the consequent part of the rule. However, the number of rules that can possibly be discovered using a learning algorithm is enormous. The first method for finding cases to compare uses a syntactic measure of the distance between cases. The threshold fur identification of candidates for comparison is fixed th the maximum number of differences between the target and retrived case from all retrievals. The second method is to use similarity metric since the threshold method may not be an accurate measure. I suggest the elimination method of duplicate rules. In the elimination process, a confidence value is assigned to each rule based on its frequency. The learned adaptation rules is applied in riven target Problem. The basic. process involves search for all rules that handle at least one difference followed by a combination process in which complete solutions are built.

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A Web Personalized Recommender System Using Clustering-based CBR (클러스터링 기반 사례기반추론을 이용한 웹 개인화 추천시스템)

  • Hong, Tae-Ho;Lee, Hee-Jung;Suh, Bo-Mil
    • Journal of Intelligence and Information Systems
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    • v.11 no.1
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    • pp.107-121
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    • 2005
  • Recently, many researches on recommendation systems and collaborative filtering have been proceeding in both research and practice. However, although product items may have multi-valued attributes, previous studies did not reflect the multi-valued attributes. To overcome this limitation, this paper proposes new methodology for recommendation system. The proposed methodology uses multi-valued attributes based on clustering technique for items and applies the collaborative filtering to provide accurate recommendations. In the proposed methodology, both user clustering-based CBR and item attribute clustering-based CBR technique have been applied to the collaborative filtering to consider correlation of item to item as well as correlation of user to user. By using multi-valued attribute-based clustering technique for items, characteristics of items are identified clearly. Extensive experiments have been performed with MovieLens data to validate the proposed methodology. The results of the experiment show that the proposed methodology outperforms the benchmarked methodologies: Case Based Reasoning Collaborative Filtering (CBR_CF) and User Clustering Case Based Reasoning Collaborative Filtering (UC_CBR_CF).

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The Application of CBR for Improving Forecasting Performance of Periodic Expenditures - Focused on Analysis of Expenditure Progress Curves -

  • Yi, June Seong
    • Architectural research
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    • v.8 no.1
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    • pp.77-84
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    • 2006
  • In spite of enormous increase in data generation, its practical usage in the construction sector has not been prevalent enough compared to those of other industries. The author would explore the obstacles against efficient data application in the arena of expenditure forecasting, and suggest a forecasting method by applying Case-based Reasoning (CBR). The newly suggested method in the research, enables project managers to forecast monthly expenditures with less time and effort by retrieving and referring only projects of a similar nature, while filtering out irrelevant cases included in database. Among 99 projects collected, the cost data from 88 projects were processed to establish a new forecasting model. The remaining 10 projects were utilized for the validation of the model. From the comprehensive study, the choice of the numbers of referring projects was investigated in detail. It is concluded that selecting similar projects at 12~19 % out of the whole database will produce a more precise forecasting. The new forecasting model, which suggests the predicted values based on previous projects, is more than just a forecasting methodology; it provides a bridge that enables current data collection techniques to be used within the context of the accumulated information. This will eventually help all the participants in the construction industry to build up the knowledge derived from invaluable experience.