Procedure for Creating a Virtual Multibank Agent

Journal Title: Asian Economic and Financial Review - Year 2012, Vol 2, Issue 1

Abstract

In this paper, we propose a procedure that makes it possible to create a virtual multibank agent that will assist potential banking customers in their decision making, who are demanding with respect to the level and quality of the banking services that they would like to receive, particularly when it comes to deciding to invest their savings or apply for financing for their expenses. The virtual multibank agent would act on two levels: first, it would optimize navigation through an online banking website; and secondly, it would sort through the banking information available online and refine this information in order to offer the best option among those available. Tabu search algorithms and the use of intelligent agents based on fuzzy logic by means of prior categorization are techniques that have proven to be useful in applications for the optimum distribution of information in the shortest amount of time possible, and the search for the best solution among all those available.

Authors and Affiliations

Lozano Carmen| Professor, Department of Financial Economy and Accounting, Universidad Politécnica de Cartagena, Spain, Fuentes Federico| Professor, Department of Economy. Universidad Politécnica de Cartagena, Spain

Keywords

Related Articles

BUSINESS CYCLES WITH PERIODIC SHOCKS IN A MULTI-COUNTRY AND MULTI-REGIONAL NEOCLASSICAL GROWTH MODEL

This paper generalizes the global economic growth model with any number of countries and each country with any number of regions recently proposed by Zhang (2016). Zhang?s model extends Uzawa?s two-sector growth model to...

DETERMINANTS OF CHILDREN’S HEALTH FOR HUMAN CAPITAL ACCUMULATION: EMPIRICAL ANALYSIS

In this paper we study the determinants of children health resources for human capital accumulation on a sample of children living in Cameroon. Data are from Demographic and Health Survey (DHS-III). We find that using or...

DYNAMICS OF THE RELATIONSHIP BETWEEN IMPLIED VOLATILITY INDICES AND STOCK PRICES INDICES: THE CASE OF EUROPEAN STOCK MARKETS

This paper examines the relationship between implied volatility indices and stock price indices in the case of five European market : Euro zone, France, Germany, Switzerland and the United Kingdom for the period from Jan...

FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH: EVIDENCE FROM A PANEL STUDY ON SOUTH ASIAN COUNTRIES

The paper examines the relationship between financial development and economic growth using panel data for five emerging South Asian countries - Bangladesh, India, Nepal, Pakistan and Sri Lanka. The heterogeneous panel d...

UNEMPLOYMENT, INCOME INEQUALİTY AND POVERTY: THE HALLMARKS OF THE AFRİCA’S LARGEST AND STRONGEST ECONOMY; NİGERİA

Nigeria indeed has one of the world?s highest economic growth rates especially from the opening years of the current century. The economy has been one of the vibrant ones as a result of the abundance of human and natural...

Download PDF file
  • EP ID EP1755
  • DOI -
  • Views 616
  • Downloads 36

How To Cite

Lozano Carmen, Fuentes Federico (2012). Procedure for Creating a Virtual Multibank Agent. Asian Economic and Financial Review, 2(1), 163-170. https://europub.co.uk/articles/-A-1755