We study how researchers can apply machine learning (ML) methods in finance. We first establish that the two major categories of ML (supervised and unsupervised learning) address fundamentally different problems than traditional econometric approaches. Then, we review the current state of...

Management Information Systems are meant to create methods for data management, leading to better decision making. By designing, implementing and using business information systems in innovative ways, the effectiveness and efficiency of every-day activities significantly increases. In the...