Comprehensive Economic Strength Assessment Based on Decision Tree Algorithm

Yuan Hou, Min Wu

COMPUTER MODELLING & NEW TECHNOLOGIES 2014 18(12C) 403-407

 Shanghai Key Lab of Trustworthy Computing, Software Engineering Institute, East China Normal University, Shanghai 200062, P.R.China

In this paper, we apply some computer software techniques in socio-economics to study an economic decision-making problem, the comprehensive economic strength assessment problem. To achieve delicacy socio-economical decision, we first conduct an assessment of various influencing factors involved in the decision problem based on analytic hierarchy process, and then apply two decision-tree algorithms to establish the appropriate models with corresponding classification rules. We also use Matlab to fit the data for the purpose of prediction and validation. The experiments show the effectivity and accuracy of decision-tree algorithms in supplying valuable suggestions for economic decision-making problems.