Probabilistic Graphical Models

From Open Risk Manual

Definition

Credit Scorecards based on Probabilistic Graphical Models are a type of credit scoring model used to support Credit Decisioning in various Consumer Finance and SME Lending businesses.

This entry serves as the Abstract Risk Model specification of a Probabilistic Graphical Model Scorecard

Model Context

Model Classification

Model Description

Response Variable

Explanatory Variables

Model Parameters

Model Estimation

Stylized Model Assumptions