Journal of Management Information Systems

Volume 9 Number 4 1993 pp. 17-36

Inductive Learning for International Financial Analysis: A Layered Approach

Tessmer, Antoinette C, Shaw, Michael J, and Gentry, James A

ABSTRACT: This paper presents a layered approach to inductive learning that improves the stability and accuracy of the knowledge acquisition method. The methodology is applied to international financial analysis where the comparison of risk structures of different economic environments is critical. The results demonstrate the efficacy of the learning approach for financial decision support. The highly explicit decision structures are especially useful for comparing national differences. The method's utility for decision integration is also discussed.

Key words and phrases: inductive learning, international financial analysis, layered learning, knowledge acquisition