Further Analysis of Anonymous Data to Assess Dissaving Risk against Life Expectancy for Elderly People

  • Yuya Yokoyama Kyoto Prefectural University
  • Yasunari Yoshitomi Kyoto Prefectural University
Keywords: Anonymous data, Dissaving risk, Life expectancy, Savings

Abstract

No database exists suitable for disclosing the effect on economic activities caused by dementia. Thus, our aim is to obtain the principles to resolve its influence by analyzing related databases. In order to detect the capability deterioration of economic activity for elderly people at the age of sixty-five years or older, we have employed an anonymous data set obtained from the National Survey of Family Income and Expenditure carried out by Ministry of Internal Affairs and Communications. So far, a method has been developed to detect dissaving risk of elderly people using clustering. Nevertheless, the initial approach showed limitations for further improvement. Therefore, we have proposed another method to detect dissaving risk by dividing analysis data into test/training data. The test data are then processed through primary/secondary determination in accordance with the amount of savings. In secondary determination, three methods are per-formed in terms of income and savings. In the previous analysis, as an initial step, merely the data of single females were analyzed. In this paper, the data of single males and two-person households are analyzed. As a result of the analysis, the correct judgment rate exceeds 80% for single males, while it attains as high as approximately 70% for two-person households.

References

H. Ohba, Y. Kadoya, and J. Narumoto, "Influence on the household change Caused by De-mentia Decline -Two-year Longitudinal Analysis Using JSTAR Data -" (in Japanese), Proc. of the 20th Japan Society of Geriatric & Gerontological Behavioral Sciences, 2017.

Aomori Prefectural Industrial Technology Research Center, etc., “Dementia Prediction Pro-gram and Method” (in Japanese), Japan patent JP2015-138488A, 2015-07-31.

Toshiba Corporation, "Dementia Determination Device, System, Method, and Program" (in Japanese), Japan patent JP2017-104289A, 2017-06-15.

e-Stat: Search for statistics (URL): https://www.e-stat.go.jp/en/stat-search/database?page=1, 2022-8-31.

Yuya Yokoyama and Yasunari Yoshitomi, “Detailed Assessment of Dissaving Risk Against Life Expectancy for Elderly People using Anonymous Data and/or Random Data: A Re-view,” Advances in Science, Technology and Engineering Systems Journal, Vol.6, No.2, pp.871-886, 2021.

Yuya Yokoyama and Yasunari Yoshitomi, “Using Anonymous Data to Assess Dissaving Risk against Life Expectancy for Elderly People,” Proc. of 10th International Congress on Ad-vanced Applied Informatics (AAI 2021), pp.3-9, 2021.

T. Fujita, S. Ogano, and J. Narumoto, “Dementia and Information” (in Japanese), ISBN978-4-326-44976-7, Keisou Shobou, p.150, 2019.

Sumit Agarwal and Bhashkar Mazumder, “Cognitive Abilities and Household Financial Decision Making,” American Economic Journal: Applied Economics, pp.193-207, 2013.

Dianh Bisdee, Debora Price and Tom Daly, “Coping with Age-related Threats to Role Iden-tity: Older Couples and the Management of Household Money,” Journal of Community & Applied Social Psychology, Vol.23, pp.505-518, 2013.

Michael S. Finke, John S. Howe and Sandra J. Huston, “Old Age and the Decline in Financial Literacy,” Management Science, Vol.63, No.1, pp. 213-230, 2017.

Joanne W. Hsu and Robert Willies, “Dementia Risk and Financial Decision Making by Older Households: The Impact of Information,” Journal of Human Capital, Vol.7, No.4, pp.340-377, 2013.

National Statistics Center (URL), https://www.nstac.go.jp/en/, 2022-8-31.

Life expectancies at specified ages (URL), https://www.mhlw.go.jp/english/database/db-hw/lifetb04/1.html, 2022-8-31.

Consumer Price Index (URL), http://www.stat.go.jp/english/data/cpi/index.html, 2022-8-31.

Yuya Yokoyama and Yasunari Yoshitomi, “Assessment of Dissaving Risk against Life Ex-pectancy for Elderly People through Anonymous Data and Random Data,” Proc. of 20th ACIS International Conference on Software Engineering, Artificial Intelligence, Network-ing and Parallel/Distributed Computing (SNPD2019), pp.274-279, 2019

Published
2023-02-28
Section
Technical Papers (Data Science & Institutional Research)