A note on the comparison of logit and discriminant models of consumer credit behaviour Export

@article{1980_Wiginton, abstract = {Since the early work of D. Durand, there has been considerable interest in using quantitative models of consumer credit behavior for credit-granting decisions. Most models are based on the concept of "scoring" by use of weights usually determined as statistically significant coefficients of some linear statistical model, frequently the linear discriminant model. The main drawback to the linear discriminant model is that it implicitly assumes that the attribute measurements arise from multivariate normal populations such that the classes have identical covariarice matrices, differing only in the value of their mean vectors. In the present context, it is unlikely that the covariance matrices are equal.}, author = {Wiginton, J. C.}, citeulike-article-id = {652011}, citeulike-linkout-0 = {http://search.epnet.com/login.aspx?direct=true&db=buh&an=4758043}, journal = {Journal of Financial and Quantitative Analysis}, keywords = {analysis, behaviour, consumer, credit, discriminant, logit}, pages = {757--770}, posted-at = {2006-05-18 18:30:45}, priority = {0}, title = {A note on the comparison of logit and discriminant models of consumer credit behaviour}, url = {http://search.epnet.com/login.aspx?direct=true&db=buh&an=4758043}, volume = {15}, year = {1980} }

TY - JOUR ID - 1980_Wiginton L3 - citeulike-article-id:652011 N2 - Since the early work of D. Durand, there has been considerable interest in using quantitative models of consumer credit behavior for credit-granting decisions. Most models are based on the concept of "scoring" by use of weights usually determined as statistically significant coefficients of some linear statistical model, frequently the linear discriminant model. The main drawback to the linear discriminant model is that it implicitly assumes that the attribute measurements arise from multivariate normal populations such that the classes have identical covariarice matrices, differing only in the value of their mean vectors. In the present context, it is unlikely that the covariance matrices are equal. JF - Journal of Financial and Quantitative Analysis EP - 770 TI - A note on the comparison of logit and discriminant models of consumer credit behaviour VL - 15 SP - 757 KW - analysis KW - behaviour KW - consumer KW - credit KW - discriminant KW - logit AU - Wiginton, JC PY - 1980/// UR - http://search.epnet.com/login.aspx?direct=true&db=buh&an=4758043 ER -