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This paper integrates deep neural networks (DNNs) into structural economic models to increase flexibility and capture rich heterogeneity while preserving interpretability. Economic structure and machine learning are complements in empirical…

Econometrics · Economics 2025-04-28 Max H. Farrell , Tengyuan Liang , Sanjog Misra

While researchers increasingly use deep neural networks (DNN) to analyze individual choices, overfitting and interpretability issues remain as obstacles in theory and practice. By using statistical learning theory, this study presents a…

General Economics · Economics 2019-09-18 Shenhao Wang , Qingyi Wang , Nate Bailey , Jinhua Zhao

Discrete choice models (DCMs) have long been used to analyze workplace location decisions, but they face challenges in accurately mirroring individual decision-making processes. This paper presents a deep neural network (DNN) method for…

Machine Learning · Computer Science 2025-10-03 Tanay Rastogi , Anders Karlström

Big data, both in its structured and unstructured formats, have brought in unforeseen challenges in economics and business. How to organize, classify, and then analyze such data to obtain meaningful insights are the ever-going research…

General Economics · Economics 2025-02-04 Viet Trinh

Deep Neural Networks (DNNs) are universal function approximators providing state-of- the-art solutions on wide range of applications. Common perceptual tasks such as speech recognition, image classification, and object tracking are now…

Machine Learning · Statistics 2017-11-08 Randall Balestriero , Richard Baraniuk

Due to the powerful learning ability on high-rank and non-linear features, deep neural networks (DNNs) are being applied to data mining and machine learning in various fields, and exhibit higher discrimination performance than conventional…

Machine Learning · Computer Science 2023-02-21 Weiyu Guo , Zhijiang Yang , Shu Wu , Fu Chen

Deep neural networks (DNNs) may outperform human brains in complex tasks, but the lack of transparency in their decision-making processes makes us question whether we could fully trust DNNs with high stakes problems. As DNNs' operations…

Machine Learning · Computer Science 2020-03-19 Jung Hoon Lee

Deep neural networks (DNNs) are powerful types of artificial neural networks (ANNs) that use several hidden layers. They have recently gained considerable attention in the speech transcription and image recognition community (Krizhevsky et…

Machine Learning · Computer Science 2017-06-15 Matthew Dixon , Diego Klabjan , Jin Hoon Bang

Deep neural networks (DNNs) are powerful black-box predictors that have achieved impressive performance on a wide variety of tasks. However, their accuracy comes at the cost of intelligibility: it is usually unclear how they make their…

Machine Learning · Computer Science 2021-10-26 Rishabh Agarwal , Levi Melnick , Nicholas Frosst , Xuezhou Zhang , Ben Lengerich , Rich Caruana , Geoffrey Hinton

Are deep convolutional neural networks (CNNs) for image classification explainable by utility maximization with information acquisition costs? We demonstrate that deep CNNs behave equivalently (in terms of necessary and sufficient…

Machine Learning · Computer Science 2021-08-03 Kunal Pattanayak , Vikram Krishnamurthy

Deep Neural Networks (DNNs) are everywhere, frequently performing a fairly complex task that used to be unimaginable for machines to carry out. In doing so, they do a lot of decision making which, depending on the application, may be…

Machine Learning · Computer Science 2022-11-17 Avriti Chauhan , Mohammad Afzal , Hrishikesh Karmarkar , Yizhak Elboher , Kumar Madhukar , Guy Katz

Deep neural networks (DNNs) have become an enabling component for a myriad of artificial intelligence applications. DNNs have shown sometimes superior performance, even compared to humans, in cases such as self-driving, health applications,…

Neural and Evolutionary Computing · Computer Science 2023-07-12 Ghada Alsuhli , Vasileios Sakellariou , Hani Saleh , Mahmoud Al-Qutayri , Baker Mohammad , Thanos Stouraitis

Ubiquitous applications of Deep neural networks (DNNs) in different artificial intelligence systems have led to their adoption in solving challenging visualization problems in recent years. While sophisticated DNNs offer an impressive…

Computer Vision and Pattern Recognition · Computer Science 2024-06-28 Soumya Dutta , Faheem Nizar , Ahmad Amaan , Ayan Acharya

Deep neural networks (DNNs) are widely used in pattern-recognition tasks for which a human comprehensible, quantitative description of the data-generating process, e.g., in the form of equations, cannot be achieved. While doing so, DNNs…

Machine Learning · Computer Science 2022-10-12 Antoine Garcon , Julian Vexler , Dmitry Budker , Stefan Kramer

Deep neural networks (DNN) are the state of the art on many engineering problems such as computer vision and audition. A key factor in the success of the DNN is scalability - bigger networks work better. However, the reason for this…

Machine Learning · Computer Science 2015-02-13 Andrew J. R. Simpson

Interpretability of deep neural networks (DNNs) is essential since it enables users to understand the overall strengths and weaknesses of the models, conveys an understanding of how the models will behave in the future, and how to diagnose…

Computer Vision and Pattern Recognition · Computer Science 2017-03-31 Yinpeng Dong , Hang Su , Jun Zhu , Bo Zhang

It is commonly believed that the hidden layers of deep neural networks (DNNs) attempt to extract informative features for learning tasks. In this paper, we formalize this intuition by showing that the features extracted by DNN coincide with…

Information Theory · Computer Science 2019-05-17 Shao-Lun Huang , Xiangxiang Xu , Lizhong Zheng , Gregory W. Wornell

The paper presents a novel deep learning approach, which extracts latent information from trained Deep Neural Networks (DNNs) and derives concise representations that are analyzed in an effective, unified way for prediction purposes. It is…

Machine Learning · Computer Science 2020-09-22 D. Kollias , N. Bouas , Y. Vlaxos , V. Brillakis , M. Seferis , I. Kollia , L. Sukissian , J. Wingate , S. Kollias

Discrete choice models (DCM) are widely employed in travel demand analysis as a powerful theoretical econometric framework for understanding and predicting choice behaviors. DCMs are formed as random utility models (RUM), with their key…

Machine Learning · Computer Science 2023-06-02 Shadi Haj-Yahia , Omar Mansour , Tomer Toledo

We propose Impatient Deep Neural Networks (DNNs) which deal with dynamic time budgets during application. They allow for individual budgets given a priori for each test example and for anytime prediction, i.e., a possible interruption at…

Computer Vision and Pattern Recognition · Computer Science 2016-10-11 Manuel Amthor , Erik Rodner , Joachim Denzler
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