Applying the Negative Selection Algorithm for Merger and Acquisition
  Target Identification
  In this paper, we propose a new methodology based on the Negative Selection
Algorithm that belongs to the field of Computational Intelligence,
specifically, Artificial Immune Systems to identify takeover targets. Although
considerable research based on customary statistical techniques and some
contemporary Computational Intelligence techniques have been devoted to
identify takeover targets, most of the existing studies are based upon multiple
previous mergers and acquisitions. Contrary to previous research, the novelty
of this proposal lies in its ability to suggest takeover targets for novice
firms that are at the beginning of their merger and acquisition spree. We first
discuss the theoretical perspective and then provide a case study with details
for practical implementation, both capitalizing from unique generalization
capabilities of artificial immune systems algorithms.
