Case-Based Reasoning for Enhanced Financial Planning in China: A Framework for Adaptive Investment Strategies in a Digital Era
Case-Based Reasoning (CBR) is an advanced framework for financial planning in China's dynamic economic landscape. Unlike traditional models-Modern Portfolio Theory (MPT), Capital Asset Pricing Model (CAPM), and Value at Risk (VaR)-which have limited adaptability, CBR leverages historical data to provide a more responsive financial decision-making approach. This study evaluates CBR using statistical analyses, showing that it significantly outperforms MPT, CAPM, and VaR in adaptability, real-time data integration, risk management, and strategy formulation. The results indicate that CBR is the most robust model among those tested, making it well-suited for dynamic financial environments.
Authors
- Thacha Lawanna
- Wangjiu Gedan
Institutions
- Chiang Mai University (TH)
Publication Details
- Published
- 2024-11-26
- DOI
- https://doi.org/10.1109/iccais63750.2024.10814377
- Primary Topic
- Insurance and Financial Risk Management
- Type
- article
- Field-Weighted Citation Impact
- 0.00