Over the last decade the airline industry has experienced extreme financial adversity. Whilst external low probability but high impact factors have been partially to blame some airlines have done worse than others. Predicting differences in airlines' financial performance is of interest for...

In this article we provide a summary of empirical results obtained in several economics and operations research papers that attempt to explain, predict, or suggest remedies for financial crises or banking defaults, as well as outlines of the methodologies used. We analyze financial and economic...

We examine various and different approaches for the prediction of economic crisis periods of US economy. We examine the traditional econometric discrete choice Logit and Probit models then a feed-forward neural network (FFNN) model and finally we apply an Adaptive Neuro-Fuzzy Inference System...

This study aims to forecast oil prices using evolutionary techniques such as gene expression programming (GEP) and artificial neural network (NN) models to predict oil prices over the period from January 2, 1986 to June 12, 2012. Autoregressive integrated moving average (ARIMA) models are...

This paper predicts the likelihood that a restaurant will close within the next one to two years using a Yelp restaurant dataset and a high dimensional gradient boosting machine called LightGBM (hereafter GBM). This model, trained on more than 20,000 individual restaurants, has an accuracy just...

In early 2018 Bitcoin prices peaked at USD 20,000 and, almost two years later, we still continue debating if cryptocurrencies can actually become a currency for the everyday life or not. From the economic point of view, and playing in the field of behavioral finance, this paper analyses the...

While traditional empirical models using determinants like size and trade costs are able to predict RTA formation reasonably well, we demonstrate that allowing for machine detected non-linear patterns helps to improve the predictive power of RTA formation substantially. We employ machine...

Purpose - The economic and administrative conditions of countries normatively have an effect on the economy and level of market development. Moreover, it is of great importance for a healthy economy whether the public institutions and organizations are transparent and functioning in accordance...