Cluster analysis in retail segmentation for credit scoring

The aim of this paper is to segment retail clients by using adaptive Mahalanobis clustering in a way that each segment can be suitable for separate credit scoring development such that a better risk assessment of retail clients could be accomplished. A real data set on retail clients from a Croatian...

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Bibliographic Details
Main Authors: Sanja Scitovski, Nataša Šarlija
Format: Article
Language:English
Published: Croatian Operational Research Society 2014-12-01
Series:Croatian Operational Research Review
Subjects:
Online Access:http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=197360