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In the article we discuss importance of the real estate related instruments, used by local government to attract investment and stimulate local economic development. The article discusses economic literature related to public economics at local government level, with the special emphasis put on...
Persistent link: https://www.econbiz.de/10012232360
clustering approach used for the analysis is useful in an inferential framework. The segments built starting from the …
Persistent link: https://www.econbiz.de/10013200220
equity of pure premium, as required by insurance regulation. To achieve this goal, the spatially-constrained clustering of … the design of geographical rating territories, a clustering approach based on Delaunay triangulation is proposed …-constrained clustering approach in defining geographical rating territories for insurance rate regulation purposes. The significance of this …
Persistent link: https://www.econbiz.de/10013200460
Predicting if a client is worth giving a loan-credit scoring-is one of the most essential and popular problems in banking. Predictive models for this goal are built on the assumption that there is a dependency between the client's profile before the loan approval and their future behavior....
Persistent link: https://www.econbiz.de/10013200723
The concordance probability, also called the C-index, is a popular measure to capture the discriminatory ability of a predictive model. In this article, the definition of this measure is adapted to the specific needs of the frequency and severity model, typically used during the technical...
Persistent link: https://www.econbiz.de/10013200842
The goal of the paper is to present the framework for combining clustering and classification for churn management in … approach to churn management using clustering and classification, which was tested on the churn dataset with a rich variable …
Persistent link: https://www.econbiz.de/10013201227
Purpose: This study proposes a new two-stage clustering method to break down the symmetric multiple traveling salesman …-programming model. A comparison with the k-means++ clustering algorithm, one of the most popular clustering algorithms, was made to … study tackles the issue of improving the performance of clustering-based optimization approaches in solving the mTSP by …
Persistent link: https://www.econbiz.de/10013326232
This paper investigates the clustering or dependency of extremes in financial returns by estimating the extremal index … value, in which smaller values of the extremal index correspond to more clustering. We apply the interval estimator method … results show that clustering occurs in the emerging and developed markets under several threshold values. This study will shed …
Persistent link: https://www.econbiz.de/10012611370
, monetary model for engineering features that quantify investor behaviours, and unsupervised machine learning clustering …
Persistent link: https://www.econbiz.de/10012611607
The current Energy Market is not yet ready for the integration of the Smart Grid context. Concepts such as Demand Response and Distributed Generation, namely renewable energy resources, are not yet included in current business models in order to the system flow properly. Therefore, the authors...
Persistent link: https://www.econbiz.de/10012652081