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Electricity price forecasting (EPF) is a branch of forecasting on the interface of electrical engineering, statistics, computer science, and finance, which focuses on predicting prices in wholesale electricity markets for a whole spectrum…

Statistical Finance · Quantitative Finance 2022-04-26 Arkadiusz Jędrzejewski , Jesus Lago , Grzegorz Marcjasz , Rafał Weron

In this paper, we conduct a systematic large-scale analysis of order book-driven predictability in high-frequency returns by leveraging deep learning techniques. First, we introduce a new and robust representation of the order book, the…

Computational Finance · Quantitative Finance 2023-10-10 Lorenzo Lucchese , Mikko Pakkanen , Almut Veraart

This article proposes predictive economics as a distinct analytical perspective within economics, grounded in machine learning and centred on predictive accuracy rather than causal identification. Drawing on the instrumentalist tradition…

General Economics · Economics 2025-10-07 Miguel Alves Pereira

Predicting the completion time of business process instances would be a very helpful aid when managing processes under service level agreement constraints. The ability to know in advance the trend of running process instances would allow…

Machine Learning · Computer Science 2017-11-13 Nicolò Navarin , Beatrice Vincenzi , Mirko Polato , Alessandro Sperduti

Uplift models support decision-making in marketing campaign planning. Estimating the causal effect of a marketing treatment, an uplift model facilitates targeting communication to responsive customers and efficient allocation of marketing…

Machine Learning · Computer Science 2019-11-21 Robin M. Gubela , Stefan Lessmann , Szymon Jaroszewicz

This chapter presents three major reinforcement learning algorithms used for fine-tuning financial forecasters. We propose a clear implementation plan for backpropagating the loss of a reinforcement learning task to a model trained using…

Machine Learning · Computer Science 2026-03-23 Hugo Cazaux , Ralph Rudd , Hlynur Stefánsson , Sverrir Ólafsson , Eyjólfur Ingi Ásgeirsson

The paper examines the potential of deep learning to support decisions in financial risk management. We develop a deep learning model for predicting whether individual spread traders secure profits from future trades. This task embodies…

Risk Management · Quantitative Finance 2019-11-19 Yaodong Yang , Alisa Kolesnikova , Stefan Lessmann , Tiejun Ma , Ming-Chien Sung , Johnnie E. V. Johnson

Average forecast accuracy is not the same as forecast reliability. I treat forecast loss differentials relative to a benchmark as a return series. I then evaluate these returns using risk-adjusted performance measures from finance,…

Econometrics · Economics 2026-05-12 Philippe Goulet Coulombe

Efficient management of spare parts inventory is crucial in the automotive aftermarket, where demand is highly intermittent and uncertainty drives substantial cost and service risks. Forecasting is therefore central, but the quality of…

Artificial Intelligence · Computer Science 2026-02-03 So Fukuhara , Abdallah Alabdallah , Nuwan Gunasekara , Slawomir Nowaczyk

In high performance computing, scheduling of tasks and allocation to machines is very critical especially when we are dealing with heterogeneous execution costs. Simulations can be performed with a large variety of environments and…

Performance · Computer Science 2018-03-23 Louis-Claude Canon , Mohamad El Sayah , Pierre-Cyrille Héam

In highly distributed environments such as cloud, edge and fog computing, the application of machine learning for automating and optimizing processes is on the rise. Machine learning jobs are frequently applied in streaming conditions,…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-03-11 Soeren Becker , Dominik Scheinert , Florian Schmidt , Odej Kao

A model-based approach to forecasting chaotic dynamical systems utilizes knowledge of the physical processes governing the dynamics to build an approximate mathematical model of the system. In contrast, machine learning techniques have…

Machine Learning · Computer Science 2018-05-09 Jaideep Pathak , Alexander Wikner , Rebeckah Fussell , Sarthak Chandra , Brian Hunt , Michelle Girvan , Edward Ott

Online decision-makers often obtain predictions on future variables, such as arrivals, demands, inventories, and so on. These predictions can be generated from simple forecasting algorithms for univariate time-series, all the way to…

Optimization and Control · Mathematics 2024-06-25 Lin An , Andrew A. Li , Benjamin Moseley , Gabriel Visotsky

In the face of increasing financial uncertainty and market complexity, this study presents a novel risk-aware financial forecasting framework that integrates advanced machine learning techniques with intuitionistic fuzzy multi-criteria…

Statistical Finance · Quantitative Finance 2025-12-23 Safiye Turgay , Serkan Erdoğan , Željko Stević , Orhan Emre Elma , Tevfik Eren , Zhiyuan Wang , Mahmut Baydaş

Machine vision tasks present challenges for resource constrained edge devices, particularly as they execute multiple tasks with variable workloads. A robust approach that can dynamically adapt in runtime while maintaining the maximum…

Performance · Computer Science 2021-08-31 Umar Ibrahim Minhas , Lev Mukhanov , Georgios Karakonstantis , Hans Vandierendonck , Roger Woods

Machine learning in asset pricing typically predicts expected returns as point estimates, ignoring uncertainty. We develop new methods to construct forecast confidence intervals for expected returns obtained from neural networks. We show…

Econometrics · Economics 2025-03-04 Yuan Liao , Xinjie Ma , Andreas Neuhierl , Linda Schilling

Accurate query runtime prediction is a critical component of effective query optimization in modern database systems. Traditional cost models, such as those used in PostgreSQL, rely on static heuristics that often fail to reflect actual…

Databases · Computer Science 2025-10-08 Utsav Pathak , Amit Mankodi

Predictive analysis in business process monitoring aims at forecasting the future information of a running business process. The prediction is typically made based on the model extracted from historical process execution logs (event logs).…

Artificial Intelligence · Computer Science 2018-07-03 Ario Santoso

The vast advances in Machine Learning over the last ten years have been powered by the availability of suitably prepared data for training purposes. The future of ML-enabled enterprise hinges on data. As such, there is already a vibrant…

Databases · Computer Science 2021-06-02 Yifan Li , Xiaohui Yu , Nick Koudas

Traditional revenue management relies on long and stable historical data and predictable demand patterns. However, meeting those requirements is not always possible. Many industries face demand volatility on an ongoing basis, an example…

Machine Learning · Computer Science 2023-04-18 Ezgi C. Eren , Zhaoyang Zhang , Jonas Rauch , Ravi Kumar , Royce Kallesen