Debtor level collection operations using Bayesian dynamic programming
Published in Journal of the Operational Research Society • Mar 25, 2019
NobleIDNI3P54W95R31S93
Authors:,,
M.C. So
Christophe Mues
Adiel Teixeira de Almeida Filho
Abstract
After a borrower defaults on their repayment obligations, collectors of unsecured consumer credit debt have a number of actions (e.g., telephone calls, formal letters,) they can take to secure some repayment of the debt. If these actions fail, collectors could seek legal proceedings. The operations ...