Experts from the Faculty of Computational Mathematics and Cybernetics of Moscow State University have proposed a new way to determine the amount of a loan that can be repaid by inheritance. Their algorithm allows you to calculate the probability of inheriting an inheritance, taking into account cost and survival rate.

Existing methods of assessing a borrower’s credit worthiness (based on semi-annual income or a scoring system) have a number of significant drawbacks – they require a large database of statistics and continuous improvement.

Scientists say that in order to more fully determine the credibility of a potential client, the bank should consider assets that can be inherited by the borrower. At the heart of credit evaluation algorithms is an inheritance tree: a hierarchical array of people claiming inheritance. Taking into account the survival rate and the estimated value of the inheritance, he can accurately determine the amount of the loan, the expenses of which can be fully repaid.

Source: Ferra

Previous articleWhat are the types of depression and how do they differ from each otherFitness and health15:41 | 18 May 2023
Next articleThe investment fund HR&ED-tech and The Orbit launched a project to develop new companies in the markets of India, Indonesia and MENA
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.


Please enter your comment!
Please enter your name here