Estimation of the Inclusive Development Index Based on the REL-PCANet Neural Network Model
Čebyševskij sbornik, Tome 21 (2020) no. 2, pp. 190-206.

Voir la notice de l'article provenant de la source Math-Net.Ru

In 2018, at the World Economic Forum in Davos it was presented a new countries’ economic performance metric named the Inclusive Development Index (IDI) composed of 12 indicators. The new metric implies that countries might need to realize structural reforms for improving both economic expansion and social inclusion performance. That is why, it is vital for the IDI calculation method to have strong statistical and mathematical basis, so that results are accurate and transparent for public purposes. In the current work, we propose a novel approach for the IDI estimation — the Ranking Relative Principal Component Attributes Network Model (REL-PCANet). The model is based on RELARM and RankNet principles and combines elements of PCA, techniques applied in image recognition and learning to rank mechanisms. Also, we define a new approach for estimation of target probabilities matrix $T_{Rnet}$ to reflect dynamic changes in countries’ inclusive development. Empirical study proved that REL-PCANet ensures reliable and robust scores and rankings, thus is recommended for practical implementation.
Keywords: deep relative attributes, Inclusive Development Index, RankNet, Relative PCA attributes rating model, World Economic Forum.
@article{CHEB_2020_21_2_a14,
     author = {A. A. Irmatov and E. A. Irmatova},
     title = {Estimation of the {Inclusive} {Development} {Index} {Based} on the {REL-PCANet} {Neural} {Network} {Model}},
     journal = {\v{C}eby\v{s}evskij sbornik},
     pages = {190--206},
     publisher = {mathdoc},
     volume = {21},
     number = {2},
     year = {2020},
     language = {en},
     url = {http://geodesic.mathdoc.fr/item/CHEB_2020_21_2_a14/}
}
TY  - JOUR
AU  - A. A. Irmatov
AU  - E. A. Irmatova
TI  - Estimation of the Inclusive Development Index Based on the REL-PCANet Neural Network Model
JO  - Čebyševskij sbornik
PY  - 2020
SP  - 190
EP  - 206
VL  - 21
IS  - 2
PB  - mathdoc
UR  - http://geodesic.mathdoc.fr/item/CHEB_2020_21_2_a14/
LA  - en
ID  - CHEB_2020_21_2_a14
ER  - 
%0 Journal Article
%A A. A. Irmatov
%A E. A. Irmatova
%T Estimation of the Inclusive Development Index Based on the REL-PCANet Neural Network Model
%J Čebyševskij sbornik
%D 2020
%P 190-206
%V 21
%N 2
%I mathdoc
%U http://geodesic.mathdoc.fr/item/CHEB_2020_21_2_a14/
%G en
%F CHEB_2020_21_2_a14
A. A. Irmatov; E. A. Irmatova. Estimation of the Inclusive Development Index Based on the REL-PCANet Neural Network Model. Čebyševskij sbornik, Tome 21 (2020) no. 2, pp. 190-206. http://geodesic.mathdoc.fr/item/CHEB_2020_21_2_a14/

[1] E. Irmatova, “RELARM: A rating model based on relative PCA attributes and k-means clustering”, Russian Journal of Entrepreneurship, 18:10, May (2017), 1597–1614 | DOI

[2] Y. Souri, E. Nouri, E. Adeli, “Deep Relative Attributes”, Asian Conference on Computer Vision ACCV 2016, 2016, 118–133

[3] C. Burges, T. Shaked, E. Renshaw, A. Lazier, M. Deeds, N. Hamilton, G. Hullender, “Learning to rank using gradient descent”, Proceedings of the 22nd International Conference on Machine Learning, 2005, 89–96 | DOI

[4] S. Y. Sohn, D. H. Kim, J. H. Yoon, “Technology credit scoring model with fuzzy logistic regression”, Applied Soft Computing, 43, Jun. (2016), 150–158 | DOI

[5] F. Fernandez-Navarro, P. Campoy-Munoz, M. Paz-Marin, C. Hervas-Martinez, X. Yao, “Addressing the EU Sovereign Ratings Using an Ordinal Regression Approach”, IEEE Transactions on Cybernetics, 43:6, Dec. (2013), 2228–2240 | DOI

[6] D. Xiang, “The Listed Company's Financial Evaluation Based on PCA-Logistic Regression Model”, Multimedia and Information Technology (MMIT), Second International Conference, 2010, 168–171 | DOI

[7] X-h. Xue, X-f. Xue, “Research of electronic commercial credit rating based on Neural Network with Principal Component Analysis”, International Conference on Internet Technology and Applications, 2010, 1–4 | DOI

[8] L. Jianfeng, M. Tianshan, “An Comprehensive Rating Model of Manufacturing Enterprise's Credit Risk Based on Logistics Finance”, International Conference on Computer Application and System Modeling (ICCASM 2010) (Oct. 2010), 2010 | DOI

[9] T-Y. Liu, “Learning to rank for information retrieval”, Foundations and Trends in Information Retrieval, 3:3, Mar. (2009), 225–331

[10] K. Crammer, Y. Singer, “Pranking with Ranking”, Proceedings of the 15th Annual Conference on Neural Information Processing Systems, NIPS 2001 (Vancouver, BC, Canada, 2001), 641–647

[11] P. Li, C.J.C. Burges, Q. Wu, “McRank: Learning to Rank Using Multiple Classification and Gradient Boosting”, Proceedings of the 21st Annual Conference on Neural Information Processing Systems, NIPS 2007 (Vancouver, BC, Canada, 2007), 897–904

[12] M. Taylor, J. Guiver, S. Robertson, T. Minka, “SoftRank: Optimising Non-Smooth Rank Metrics”, Proceedings of the 2008 International Conference on Web Search and Data Mining, WSDM 2008 (Stanford, CA, 2008), 77–86

[13] J. Xu, H. Li, “AdaRank: A Boosting Algorithm for Information Retrieval”, Proceedings of the 30th Annual International ACM SIGIR Conference on Research and Development in Information Retrieval, SIGIR 2007 (Amsterdam, Netherlands, 2007), 391–398

[14] Z. Cao, T. Qin, T.-Y. Liu, M.-F. Tsai, H. Li, “Learning to Rank: From Pairwise Approach to Listwise Approach”, Proceedings of the 24th International Conference on Machine Learning, ICML 2007, Corvallis, OR, 2007, 129–136 | DOI

[15] Y. Freund, R. Iyer, R.E. Schapire, Y. Singer, “An Efficient Boosting Algorithm for Combining Preferences”, Journal of Machine Learning Research, 4:6, Nov. (2003), 933–969 | MR

[16] D. Parikh, K. Grauman, “Relative Attributes”, Proceedings of the International Conference on Computer Vision (ICCV) (Barcelona, Spain, 2011), 2011, 503–510

[17] D. Arthur, S. Vassilvitskii, “K-means++: The Advantages of Careful Seeding”, Proceedings of the Eighteenth Annual ACM-SIAM Symposium on Discrete Algorithms, SODA'07 (New Orleans, Louisiana, USA, 2007), 1027–1035 | MR | Zbl

[18] R. Samans, J. Blanke, M. D. Hanouz, G. Corrigan, “The Inclusive Growth and Development Report 2017”, The World Economic Forum http://www3.weforum.org/docs/WEF_Forum_IncGrwth_2017.pdf

[19] “The Inclusive Development Index 2018 Summary and Data Highlights”, The World Economic Forum http://www3.weforum.org/docs/WEF_Forum_IncGrwth_2018.pdf