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Credit risk assessment increasingly relies on diverse sources of information beyond traditional structured financial data, particularly for micro and small enterprises (mSEs) with limited financial histories. This study proposes a…

Risk Management · Quantitative Finance 2026-01-05 Zongxiao Wu , Ran Liu , Jiang Dai , Dan Luo

Previous research has demonstrated that specific states of the climate system can lead to enhanced subseasonal predictability (i.e., state-dependent predictability). However, biases in Earth system models can affect the representation of…

Atmospheric and Oceanic Physics · Physics 2024-09-18 Kirsten J. Mayer , Katherine Dagon , Maria J. Molina

Decision analytics commonly focuses on the text mining of financial news sources in order to provide managerial decision support and to predict stock market movements. Existing predictive frameworks almost exclusively apply traditional…

Machine Learning · Statistics 2018-07-05 Stefan Feuerriegel , Ralph Fehrer

Studying the reliability of complex systems using machine learning techniques involves facing a series of technical and practical challenges, ranging from the intrinsic nature of the system and data to the difficulties in modeling and…

Machine Learning · Computer Science 2024-10-08 Maria Luz Gamiz , Fernando Navas-Gomez , Rafael Nozal-Cañadas , Rocio Raya-Miranda

We study the impacts of business cycles on machine learning (ML) predictions. Using the S&P 500 index, we find that ML models perform worse during most recessions, and the inclusion of recession history or the risk-free rate does not…

Statistical Finance · Quantitative Finance 2023-04-21 Li Rong Wang , Hsuan Fu , Xiuyi Fan

While statistical learning methods have proved powerful tools for predictive modeling, the black-box nature of the models they produce can severely limit their interpretability and the ability to conduct formal inference. However, the…

Machine Learning · Statistics 2016-08-30 Lucas Mentch , Giles Hooker

Unbiased assessment of the predictivity of models learnt by supervised machine-learning methods requires knowledge of the learned function over a reserved test set (not used by the learning algorithm). The quality of the assessment depends,…

Statistics Theory · Mathematics 2022-07-11 Elias Fekhari , Bertrand Iooss , Joseph Muré , Luc Pronzato , Maria-João Rendas

Stroke remains one of the most critical global health challenges, ranking as the second leading cause of death and the third leading cause of disability worldwide. This study explores the effectiveness of machine learning algorithms in…

Machine Learning · Computer Science 2025-05-16 Anastasija Tashkova , Stefan Eftimov , Bojan Ristov , Slobodan Kalajdziski

Gaining a deeper understanding of weather and being able to predict its future conduct have always been considered important endeavors for the growth of our society. This research paper explores the advancements in understanding and…

Economists often estimate models using data from a particular domain, e.g. estimating risk preferences in a particular subject pool or for a specific class of lotteries. Whether a model's predictions extrapolate well across domains depends…

Theoretical Economics · Economics 2025-03-05 Isaiah Andrews , Drew Fudenberg , Lihua Lei , Annie Liang , Chaofeng Wu

Machine learning methods tend to outperform traditional statistical models at prediction. In the prediction of academic achievement, ML models have not shown substantial improvement over logistic regression. So far, these results have…

Machine Learning · Statistics 2020-04-21 Sarah Cornell-Farrow , Robert Garrard

Enrollment projection is a critical aspect of university management, guiding decisions related to resource allocation and revenue forecasting. However, despite its importance, there remains a lack of transparency regarding the methodologies…

Machine Learning · Computer Science 2024-05-24 Yan Zhao , Amy Otteson

Purpose: Trading on electricity markets occurs such that the price settlement takes place before delivery, often day-ahead. In practice, these prices are highly volatile as they largely depend upon a range of variables such as electricity…

Applications · Statistics 2020-05-19 Christof Naumzik , Stefan Feuerriegel

Deep learning models are widely used across computer vision and other domains. When working on the model induction, selecting the right architecture for a given dataset often relies on repetitive trial-and-error procedures. This procedure…

Machine Learning · Computer Science 2026-01-06 Yen-Chia Chen , Hsing-Kuo Pao , Hanjuan Huang

This paper studies a Markov network model for unbalanced data, aiming to solve the problems of classification bias and insufficient minority class recognition ability of traditional machine learning models in environments with uneven class…

Machine Learning · Computer Science 2025-02-06 Junliang Du , Shiyu Dou , Bohuan Yang , Jiacheng Hu , Tai An

This paper aims to explore the application of machine learning in forecasting Chinese macroeconomic variables. Specifically, it employs various machine learning models to predict the quarterly real GDP growth of China, and analyzes the…

General Economics · Economics 2024-07-08 Yanqing Yang , Xingcheng Xu , Jinfeng Ge , Yan Xu

Predicting a customer's propensity-to-pay at an early point in the revenue cycle can provide organisations many opportunities to improve the customer experience, reduce hardship and reduce the risk of impaired cash flow and occurrence of…

Machine Learning · Computer Science 2025-05-28 Md Abul Bashar , Astin-Walmsley Kieren , Heath Kerina , Richi Nayak

The paper examines the performance of regression models (OLS linear regression, Ridge regression, Random Forest, and Fully-connected Neural Network) on the prediction of CMA (Conservative Minus Aggressive) factor premium and the performance…

Portfolio Management · Quantitative Finance 2024-07-23 Prabhu Prasad Panda , Maysam Khodayari Gharanchaei , Xilin Chen , Haoshu Lyu

The earth system is exceedingly complex and often chaotic in nature, making prediction incredibly challenging: we cannot expect to make perfect predictions all of the time. Instead, we look for specific states of the system that lead to…

Machine Learning · Computer Science 2022-01-05 Elizabeth A. Barnes , Randal J. Barnes

Training autoregressive models to better predict under the test metric, instead of maximizing the likelihood, has been reported to be beneficial in several use cases but brings additional complications, which prevent wider adoption. In this…

Machine Learning · Computer Science 2019-12-10 Irina Saparina , Anton Osokin