Decision Sciences
8 years ago

New Credit Scoring Method Boosts Accuracy and Fairness in Lending.

Palgrave Macmillan UK eBooks
Credit Scoring using Multiobjective Data Mining
Desheng Wu, David L. Olson

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The TOPSIS method is a way to figure out the best choice by comparing how close it is to the best option and how far it is from the worst option. The best option is the one with the best scores in all areas, while the worst option is the one with the worst scores in all areas.