Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10347651 | Computers & Operations Research | 2005 | 21 Pages |
Abstract
The Monopolies and Mergers Commission (MMC) in the UK evaluates whether a given firm, or set of firms is behaving in a manner that is considered to be against the public interest, that is anti-competitive. The interpretation and prediction of the decisions made by the MMC is of importance to firm's possible future investment plans. Through the construction of decision rules using the variable precision rough sets (VPRS) model this interoperation and prediction is able to be undertaken. The importance of the concomitant variables in the decisions made is shown through a 'leave n out' Monte Carlo simulation approach. At the technical level this study illustrates one of the first applications of VPRS in an economic environment.
Keywords
Related Topics
Physical Sciences and Engineering
Computer Science
Computer Science (General)
Authors
Malcolm J. Beynon, Nigel Driffield,