Showing 1 - 10 of 787
Rank-ordering of individuals or objects on multiple criteria has many important practical applications. A reasonably representative composite rank ordering of multi-attribute objects/individuals or multi-dimensional points is often obtained by the Principal Component Analysis, although much...
Persistent link: https://www.econbiz.de/10015215242
The purpose of this paper is to present a new kind of discrete choice model called "Generalized Neural Logit Model" applied exemplarily to the case of airport and access mode choice. This approach employs neural networks to model the utility function of a discrete choice model and correlations...
Persistent link: https://www.econbiz.de/10015217433
The last years have seen an explosion in the demand for data science skills. In this paper, I introduce the reader to the term, point out the technological jumps that allowed the rise of its methods, and give an overview of the most common ones. I close by pointing out the strengths and...
Persistent link: https://www.econbiz.de/10015218399
We are interested in forecasting bankruptcies in a probabilistic way. Specifcally, we com- pare the classification performance of several statistical and machine-learning techniques, namely discriminant analysis (Altman's Z-score), logistic regression, least-squares support vector machines and...
Persistent link: https://www.econbiz.de/10015219756
This paper examines the impacts of changes in interest rates on stock returns by using wavelet analysis with Granger causality test. Financial time series in non-coherent markets should be analyzed by advanced methods capturing complexity of the markets and non-linearities in stock returns. As a...
Persistent link: https://www.econbiz.de/10015223013
To the best knowledge of authors, the use of Random forest as a potential technique for residential estate mass appraisal has been attempted for the first time. In the empirical study using data on residential apartments the method performed better than such techniques as CHAID, CART, KNN,...
Persistent link: https://www.econbiz.de/10015224855
Data drain for peer active units operating in the same sector is a major factor that prevents policy makers from developing flawless strategic plans for their organisation. This study introduces a hybrid model that incorporates a purely deterministic method, Data Envelopment Analysis (DEA), and...
Persistent link: https://www.econbiz.de/10015226815
The purpose of the paper is to present a novel approach of a general airport and access mode choice model. Based on data of the German Air Traveller Survey 2003 with a sample size of about 210.000 passengers interviewed at 21 airports a three-stage nested logit model has been estimated in a...
Persistent link: https://www.econbiz.de/10015234958
The purpose of this paper is to present a new kind of discrete choice model called "Generalized Neural Logit Model" applied exemplarily to the case of airport and access mode choice. This approach employs neural networks to model the utility function of a discrete choice model and correlations...
Persistent link: https://www.econbiz.de/10015234965
Implied volatility (IV) forecasting is inherently challenging due to its high dimensionality across various moneyness and maturity, and nonlinearity in both spatial and temporal aspects. We utilize implied volatility surfaces (IVS) to represent comprehensive spatial dependence and model the...
Persistent link: https://www.econbiz.de/10015270901