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While the Chinese securities market is booming, the phenomenon of listed companies falling into financial distress is also emerging, which affects the operation and development of enterprises and also jeopardizes the interests of investors. Therefore, it is important to understand how to accurately and reasonably predict the financial distress of enterprises.

In the present study, ensemble feature selection (EFS) and improved stacking were used for financial distress prediction (FDP). Mutual information, analysis of variance (ANOVA), random forest (RF), genetic algorithms, and recursive feature elimination (RFE) were chosen for EFS to select features. Since there may be missing information when feeding the results of the base learner directly into the meta-learner, the features with high importance were fed into the meta-learner together. A screening layer was added to select the meta-learner with better performance. Finally, Optima hyperparameters were used for parameter tuning by the learners.

An empirical study was conducted with a sample of A-share listed companies in China. The F1-score of the model constructed using the features screened by EFS reached 84.55%, representing an improvement of 4.37% compared to the original features. To verify the effectiveness of improved stacking, benchmark model comparison experiments were conducted. Compared to the original stacking model, the accuracy of the improved stacking model was improved by 0.44%, and the F1-score was improved by 0.51%. In addition, the improved stacking model had the highest area under the curve (AUC) value (0.905) among all the compared models.

Compared to previous models, the proposed FDP model has better performance, thus bridging the research gap of feature selection. The present study provides new ideas for stacking improvement research and a reference for subsequent research in this field.

This paper deals with the organizing of interactive product development. Developing products in interaction between firms may provide benefits in terms of specialization, increased innovation, and possibilities to perform development activities in parallel. However, the differentiation of product development among a number of firms also implies that various dependencies need to be dealt with across firm boundaries. How dependencies may be dealt with across firms is related to how product development is organized. The purpose of the paper is to explore dependencies and how interactive product development may be organized with regard to these dependencies.

The analytical framework is based on the industrial network approach, and deals with the development of products in terms of adaptation and combination of heterogeneous resources. There are dependencies between resources, that is, they are embedded, implying that no resource can be developed in isolation. The characteristics of and dependencies related to four main categories of resources (products, production facilities, business units and business relationships) provide a basis for analyzing the organizing of interactive product development.

Three in-depth case studies are used to explore the organizing of interactive product development with regard to dependencies. The first two cases are based on the development of the electrical system and the seats for Volvo’s large car platform (P2), performed in interaction with Delphi and Lear respectively. The third case is based on the interaction between Scania and Dayco/DFC Tech for the development of various pipes and hoses for a new truck model.

The analysis is focused on what different dependencies the firms considered and dealt with, and how product development was organized with regard to these dependencies. It is concluded that there is a complex and dynamic pattern of dependencies that reaches far beyond the developed product as well as beyond individual business units. To deal with these dependencies, development may be organized in teams where several business units are represented. This enables interaction between different business units’ resource collections, which is important for resource adaptation as well as for innovation. The delimiting and relating functions of the team boundary are elaborated upon and it is argued that also teams may be regarded as actors. It is also concluded that a modular product structure may entail a modular organization with regard to the teams, though, interaction between business units and teams is needed. A strong connection between the technical structure and the organizational structure is identified and it is concluded that policies regarding the technical structure (e.g. concerning “carry-over”) cannot be separated from the management of the organizational structure (e.g. the supplier structure). The organizing of product development is in itself a complex and dynamic task that needs to be subject to interaction between business units.

Many attempts to integrate technology in Swedish schools have been initiated over the past 30 years with varying success. Although the use of digital tools has increased along with a general technology development, schools have mainly been using IT in administrative support activities. In recent years, school system reforms and developments in the educational technology sector have both required and enabled schools to digitalize. In this chapter, we follow the implementation of two technologies in a benchmark school in order to understand how technology integration is achieved. We suggest four types of embeddedness resulting from different types of activities that are subject to technology integration, as well as the social and material conditions that guide convergence during the postimplementation phase.

The purpose of this paper is to propose a method to aid design practitioners and students towards the design of additive manufactured products or parts produced using laser sintering (LS).

A design feature taxonomy was first developed as a guide for the development of a computer‐based design support tool. It comprised four taxons based on the reasons for utilising additive manufacturing (AM). These were user fit requirement, improved product functionality, parts consolidation and improvement of aesthetics or form. Each of the requirements was further expanded into 13 sub‐categories that contained examples of various design features that was then represented in the form of an MS Access database.

Results from user trials of the database provide evidence to show the potential of the database, as it enables users to easily visualise and gather information about AM design features.

The paper describes a database, the aim of which is to serve as a collective source of information for design features produced by AM and as a method to aid the conceptual design process of AM parts or products.

Depression is a mental health problem characterized by a persistent sense of sadness and loss of interest. EEG signals are regarded as the most appropriate instruments for diagnosing depression because they reflect the operating status of the human brain. The purpose of this study is the early detection of depression among people using EEG signals.

(i) Artifacts are removed by filtering and linear and non-linear features are extracted; (ii) feature scaling is done using a standard scalar while principal component analysis (PCA) is used for feature reduction; (iii) the linear, non-linear and combination of both (only for those whose accuracy is highest) are taken for further analysis where some ML and DL classifiers are applied for the classification of depression; and (iv) in this study, total 15 distinct ML and DL methods, including KNN, SVM, bagging SVM, RF, GB, Extreme Gradient Boosting, MNB, Adaboost, Bagging RF, BootAgg, Gaussian NB, RNN, 1DCNN, RBFNN and LSTM, that have been effectively utilized as classifiers to handle a variety of real-world issues.

1. Among all, alpha, alpha asymmetry, gamma and gamma asymmetry give the best results in linear features, while RWE, DFA, CD and AE give the best results in non-linear feature. 2. In the linear features, gamma and alpha asymmetry have given 99.98% accuracy for Bagging RF, while gamma asymmetry has given 99.98% accuracy for BootAgg. 3. For non-linear features, it has been shown 99.84% of accuracy for RWE and DFA in RF, 99.97% accuracy for DFA in XGBoost and 99.94% accuracy for RWE in BootAgg. 4. By using DL, in linear features, gamma asymmetry has given more than 96% accuracy in RNN and 91% accuracy in LSTM and for non-linear features, 89% accuracy has been achieved for CD and AE in LSTM. 5. By combining linear and non-linear features, the highest accuracy was achieved in Bagging RF (98.50%) gamma asymmetry + RWE. In DL, Alpha + RWE, Gamma asymmetry + CD and gamma asymmetry + RWE have achieved 98% accuracy in LSTM.

A novel dataset was collected from the Central Institute of Psychiatry (CIP), Ranchi which was recorded using a 128-channels whereas major previous studies used fewer channels; the details of the study participants are summarized and a model is developed for statistical analysis using N-way ANOVA; artifacts are removed by high and low pass filtering of epoch data followed by re-referencing and independent component analysis for noise removal; linear features, namely, band power and interhemispheric asymmetry and non-linear features, namely, relative wavelet energy, wavelet entropy, Approximate entropy, sample entropy, detrended fluctuation analysis and correlation dimension are extracted; this model utilizes Epoch (213,072) for 5 s EEG data, which allows the model to train for longer, thereby increasing the efficiency of classifiers. Features scaling is done using a standard scalar rather than normalization because it helps increase the accuracy of the models (especially for deep learning algorithms) while PCA is used for feature reduction; the linear, non-linear and combination of both features are taken for extensive analysis in conjunction with ML and DL classifiers for the classification of depression. The combination of linear and non-linear features (only for those whose accuracy is highest) is used for the best detection results.

This paper primarily aims to focus on a review of convolutional neural network (CNN)-based eye control systems. The performance of CNNs in big data has led to the development of eye control systems. Therefore, a review of eye control systems based on CNNs is helpful for future research.

In this paper, first, it covers the fundamentals of the eye control system as well as the fundamentals of CNNs. Second, the standard CNN model and the target detection model are summarized. The eye control system’s CNN gaze estimation approach and model are next described and summarized. Finally, the progress of the gaze estimation of the eye control system is discussed and anticipated.

The eye control system accomplishes the control effect using gaze estimation technology, which focuses on the features and information of the eyeball, eye movement and gaze, among other things. The traditional eye control system adopts pupil monitoring, pupil positioning, Hough algorithm and other methods. This study will focus on a CNN-based eye control system. First of all, the authors present the CNN model, which is effective in image identification, target detection and tracking. Furthermore, the CNN-based eye control system is separated into three categories: semantic information, monocular/binocular and full-face. Finally, three challenges linked to the development of an eye control system based on a CNN are discussed, along with possible solutions.

This research can provide theoretical and engineering basis for the eye control system platform. In addition, it also summarizes the ideas of predecessors to support the development of future research.

The aim of this study is to investigate subject independent emotion recognition capabilities of EEG and peripheral physiological signals namely: electroocoulogram (EOG), electromyography (EMG), electrodermal activity (EDA), temperature, plethysmograph and respiration. The experiments are conducted on both modalities independently and in combination. This study arranges the physiological signals in order based on the prediction accuracy obtained on test data using time and frequency domain features.

DEAP dataset is used in this experiment. Time and frequency domain features of EEG and physiological signals are extracted, followed by correlation-based feature selection. Classifiers namely – Naïve Bayes, logistic regression, linear discriminant analysis, quadratic discriminant analysis, logit boost and stacking are trained on the selected features. Based on the performance of the classifiers on the test set, the best modality for each dimension of emotion is identified.

 The experimental results with EEG as one modality and all physiological signals as another modality indicate that EEG signals are better at arousal prediction compared to physiological signals by 7.18%, while physiological signals are better at valence prediction compared to EEG signals by 3.51%. The valence prediction accuracy of EOG is superior to zygomaticus electromyography (zEMG) and EDA by 1.75% at the cost of higher number of electrodes. This paper concludes that valence can be measured from the eyes (EOG) while arousal can be measured from the changes in blood volume (plethysmograph). The sorted order of physiological signals based on arousal prediction accuracy is plethysmograph, EOG (hEOG + vEOG), vEOG, hEOG, zEMG, tEMG, temperature, EMG (tEMG + zEMG), respiration, EDA, while based on valence prediction accuracy the sorted order is EOG (hEOG + vEOG), EDA, zEMG, hEOG, respiration, tEMG, vEOG, EMG (tEMG + zEMG), temperature and plethysmograph.

Many of the emotion recognition studies in literature are subject dependent and the limited subject independent emotion recognition studies in the literature report an average of leave one subject out (LOSO) validation result as accuracy. The work reported in this paper sets the baseline for subject independent emotion recognition using DEAP dataset by clearly specifying the subjects used in training and test set. In addition, this work specifies the cut-off score used to classify the scale as low or high in arousal and valence dimensions. Generally, statistical features are used for emotion recognition using physiological signals as a modality, whereas in this work, time and frequency domain features of physiological signals and EEG are used. This paper concludes that valence can be identified from EOG while arousal can be predicted from plethysmograph.

Opinion mining (OM), also known as “sentiment classification”, which aims to discover common patterns of user opinions from their textual statements automatically or semi-automatically, is not only useful for customers, but also for manufacturers. However, because of the complexity of natural language, there are still some problems, such as domain dependence of sentiment words, extraction of implicit features and others. The purpose of this paper is to propose an OM method based on topic maps to solve these problems.

Domain-specific knowledge is key to solve problems in feature-based OM. On the one hand, topic maps, as an ontology framework, are composed of topics, associations, occurrences and scopes, and can represent a class of knowledge representation schemes. On the other hand, compared with ontology, topic maps have many advantages. Thus, it is better to integrate domain-specific knowledge into OM based on topic maps. This method can make full use of the semantic relationships among feature words and sentiment words.

In feature-level OM, most of the existing research associate product features and opinions by their explicit co-occurrence, or use syntax parsing to judge the modification relationship between opinion words and product features within a review unit. They are mostly based on the structure of language units without considering domain knowledge. Only few methods based on ontology incorporate domain knowledge into feature-based OM, but they only use the “is-a” relation between concepts. Therefore, this paper proposes feature-based OM using topic maps. The experimental results revealed that this method can improve the accuracy of the OM. The findings of this study not only advance the state of OM research but also shed light on future research directions.

To demonstrate the “feature-based OM using topic maps” applications, this work implements a prototype that helps users to find their new washing machines.

This paper presents a new method of feature-based OM using topic maps, which can integrate domain-specific knowledge into feature-based OM effectively. This method can improve the accuracy of the OM greatly. The proposed method can be applied across various application domains, such as e-commerce and e-government.

The purpose of this paper is to measure how frequently innovative financial products appeared or became widely adopted in the municipal securities markets over the last two decades; and also investigate what types of issuers adopted the innovations, the relationship between yields and innovation and the patterns of diffusion within states.

Using comprehensive data on municipal securities issued from 1992 to 2015, the author searches for financial innovations as defined in the literature. The author uses issuer fixed effects models to characterize the relationship between yields and use of innovative products. Other models provide estimates of the conditional correlations between issuer characteristics and innovation usage. Finally, the author fits trend models to identify significant differences in the pace of adoption between different types of issuers.

In total, 35 security features fit one or more definitions of innovation. Extensive analysis is presented for four innovations that represent significant transfers of risk: variable rates, put options, corporate backers and derivatives. Small issuers used these innovative products, but the largest issuers adopted them to a greater extent. Usage appears to diffuse within states. Issuance of innovative securities fell during the financial crisis and has not recovered. Novel securities since the financial crisis have been created by legislation rather than by market participants.

The data appear to cover all or nearly all municipal securities, but they do not cover loans or other types of municipal borrowing.

This analysis reveals that financial innovations in municipal securities markets usually take the form of a rare practice becoming widespread rather than a never-before-seen feature appearing in the market. Changes in response to legislation are an exception.

Regulators concerned about financial stability can monitor the expansion of formerly rare securities features. This will be informative about new risks or transfers of risk in the market. They can also anticipate that expanded use of an innovation by states and high-volume issuers will be followed by adoption of the innovations by smaller, less sophisticated issuers in subsequent years.

This paper is the first attempt to empirically analyze the extent of financial innovation in municipal securities. Existing public finance literature has proposed definitions of financial innovation, qualitatively documented some specific innovations and empirically analyzed others. However, no previous study has empirically analyzed the entire municipal securities market for all possible innovations.

Image classification or more specifically, annotating images with keywords is one of the important steps during image database indexing. However, the problem with current research in terms of image retrieval is more concentrated on how conceptual categories can be well represented by extracted, low level features for an effective classification. Consequently, image features representation including segmentation and low‐level feature extraction schemes must be genuinely effective to facilitate the process of classification. The purpose of this paper is to examine the effect on annotation effectiveness of using different (local) feature representation methods to map into conceptual categories.

This paper compares tiling (five and nine tiles) and regioning (five and nine regions) segmentation schemes and the extraction of combinations of color, texture, and edge features in terms of the effectiveness of a particular benchmark, automatic image annotation set up. Differences between effectiveness on concrete or abstract conceptual categories or keywords are further investigated, and progress towards establishing a particular benchmark approach is also reported.

In the context of local feature representation, the paper concludes that the combined color and texture features are the best to use for the five tiling and regioning schemes, and this evidence would form a good benchmark for future studies. Another interesting finding (but perhaps not surprising) is that when the number of concrete and abstract keywords increases or it is large (e.g. 100), abstract keywords are more difficult to assign correctly than the concrete ones.

Future work could consider: conduct user‐centered evaluation instead of evaluation only by some chosen ground truth dataset, such as Corel, since this might impact effectiveness results; use of different numbers of categories for scalability analysis of image annotation as well as larger numbers of training and testing examples; use of Principle Component Analysis or Independent Component Analysis, or indeed machine learning techniques for low‐level feature selection; use of other segmentation schemes, especially more complex tiling schemes and other regioning schemes; use of different datasets, use of other low‐level features and/or combination of them; use of other machine learning techniques.

This paper is a good start for analyzing the mapping between some feature representation methods and various conceptual categories for future image annotation research.