Research on model of early-warning of enterprise crisis based on entropy

  • Bao Jun Tang*
  • , Wan Hua Qiu
  • , Xing Sun
  • *Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

1 Citation (Scopus)

Abstract

Based on entropy optimal theory, a new model for early-warning of crisis is established. Firstly, minimum J-divergence entropy is applied to feature extraction. Then the calculating result is classified to judge state of enterprise with a new clustering algorithm, maximum entropy clustering algorithm, which is a development and extension of hard C-means. Finally, an example in early-warning of enterprise crisis is given to validate the model. The results show the feasibility and validity of the model. The research work supplies a new way for early-warning of enterprise crisis.

Original languageEnglish
Pages (from-to)113-117+121
JournalKongzhi yu Juece/Control and Decision
Volume24
Issue number1
Publication statusPublished - Jan 2009
Externally publishedYes

Keywords

  • Early-warning of enterprise crisis
  • Entropy clustering algorithm
  • Feature extraction
  • Minimum J-divergence entropy

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