Search results for " Practical reasoning"
showing 2 items of 2 documents
A BDI agent system for credit risk assessment based on fuzzy logic
2007
Credit risk has always been an important issue for banks and other financial intermediaries. A reliable and consistent computing system is necessary to simplify the decision making process in uncertain domains such as the assessment of credit risk. In recent years fuzzy logic techniques have been in their wide-ranging use in modeling of uncertainties, vagueness, impreciseness and the human thought process. Therefore in this paper we present a fuzzy logic based intelligent system for the assessment of credit risk. It aims at efficiently and intelligently managing the process, handling its complexity, and monitoring large amounts of dynamic information in a distributed way, by using a society…
True Exceptions:Defeasibility and Particularism
2012
Sometimes, kinds of cases which do in fact fall under the antecedent of a conditional norm are reckoned recalcitrant. I.e., although they fall under the antecedent of the norm we do not wish to allow the consequence to follow. In such cases, we sometimes say that we are abandoning, or discarding, the norm. We concede, that is, that the alleged norm was wrong (or, if you wish, that it was no norm at all). At other times, however, it is claimed that the norm is a defeasible one. Granted, the case at hand is one of those in which the norm is defeated; but this, it is implied, does not amount to a wholesale abandonment of the norm itself. Being defeasible, the norm somehow survives the impact o…