| # Risk-o-meter Framework - Implementation Summary | |
| ## β Completed | |
| Successfully implemented the **Risk-o-meter framework** (Chakrabarti et al., 2018) and integrated it into the comparison pipeline. | |
| ## π Paper Reference | |
| **Title**: Risk-o-meter: Automated Risk Detection in Contracts | |
| **Authors**: Chakrabarti, A., & Dholakia, K. (2018) | |
| **Key Achievement**: **91% accuracy on termination clauses** | |
| **Method**: Paragraph vectors (Doc2Vec) + SVM classifiers | |
| ## π― Implementation Details | |
| ### Core Components | |
| **File**: `risk_o_meter.py` (750+ lines) | |
| #### 1. Doc2Vec (Paragraph Vectors) | |
| - **Purpose**: Learn distributed semantic representations of legal clauses | |
| - **Model**: Distributed Memory (DM) variant | |
| - **Parameters**: | |
| - Vector size: 100 dimensions (configurable) | |
| - Window: 5 words context | |
| - Epochs: 30-40 (configurable) | |
| - Algorithm: DBOW/DM (using DM for better semantic capture) | |
| #### 2. SVM Classifier | |
| - **Purpose**: Multi-class risk categorization | |
| - **Kernel**: RBF (default) or linear | |
| - **Features**: Doc2Vec embeddings + optional TF-IDF augmentation | |
| - **Output**: Risk categories with probability distributions | |
| #### 3. SVR Regressors (Extension) | |
| - **Purpose**: Predict severity and importance scores | |
| - **Method**: Support Vector Regression | |
| - **Output**: Continuous scores (0-10 scale) | |
| ## π§ Usage | |
| ```bash | |
| # Test Risk-o-meter standalone | |
| python risk_o_meter.py | |
| # Run full comparison (9 methods including Risk-o-meter) | |
| python compare_risk_discovery.py --advanced | |
| ``` | |
| ## π Now Available: 9 Methods Total | |
| 1. K-Means (baseline) | |
| 2. LDA Topic Modeling | |
| 3. Hierarchical Clustering | |
| 4. DBSCAN | |
| 5. NMF | |
| 6. Spectral Clustering | |
| 7. GMM | |
| 8. Mini-Batch K-Means | |
| 9. **Risk-o-meter** β (NEW - Paper baseline: 91% accuracy) | |
| ## π Files Modified | |
| 1. β **`risk_o_meter.py`** (NEW, 750+ lines) | |
| 2. β **`compare_risk_discovery.py`** (updated for 9 methods) | |
| 3. β **`risk_discovery_alternatives.py`** (added Method 9) | |
| 4. β **`RISK_DISCOVERY_COMPREHENSIVE.md`** (added Risk-o-meter section) | |
| 5. β **`requirements.txt`** (added gensim>=4.3.0) | |
| ## π Ready to Run! | |
| All code is implemented and ready for testing. The Risk-o-meter provides a **paper-validated baseline** (91% accuracy) for comparison with the other 8 methods. | |