Adressing Remitting Behavior Using an Ordinal Classification Approach

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Year:
2013
Type of Publication:
In Proceedings
Authors:
Editor:
José Manuel Ferrández Vicente, José Ramón Álvarez Sánchez, Félix de la Paz López and Fco. Javier Toledo Moreo
Volume:
7931
Book title:
Natural and Artificial Computation in Engineering and Medical Applications (5th International Work-Conference on the Interplay Between Natural and Artificial Computation (IWINAC 2013), Part II)
Series:
Lecture Notes in Computer Science
Pages:
326-335
Address:
Mallorca, Spain
Organization:
Mallorca, Spain
Month:
10th-14th June
ISBN:
978-3-642-38621-3
ISSN:
0302-9743
BibTex:
Abstract:
Remittance flows have drawn the attention of international development community interested in enhancing their potential benefits in the recipient communities. This papers deals with the migrants’ remitting patterns, addressing this economic behavior by a classification approach rather than the traditional regression one. Five nominal and two ordinal classifiers were compared in order to verify the nature of the problem and to obtain a model which predicts the remittance levels sent by migrants according to their individual characteristics. The best performance was achieved by the support vector machine with ordered partitions, an ordinal classifier based on binary decomposition, and thus three remitting profiles for immigrants were drawn from the support vectors obtained. As result, the proposed model can be used as a tool for better factoring remittances flows into the design of policies and programs in the migrants’ home country.
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