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Ridesharing platforms match drivers and riders to trips, using dynamic prices to balance supply and demand. A challenge is to set prices that are appropriately smooth in space and time, so that drivers with the flexibility to decide how to…

Computer Science and Game Theory · Computer Science 2021-09-20 Hongyao Ma , Fei Fang , David C. Parkes

Sales pipeline analysis is fundamental to proactive management of an enterprize's sales pipeline and critical for business success. In particular, win propensity prediction, which involves quantitatively estimating the likelihood that…

Computers and Society · Computer Science 2015-02-24 Junchi Yan , Min Gong , Changhua Sun , Jin Huang , Stephen M. Chu

We present new Bayesian methodology for consumer sales forecasting. With a focus on multi-step ahead forecasting of daily sales of many supermarket items, we adapt dynamic count mixture models to forecast individual customer transactions,…

Methodology · Statistics 2022-06-07 Lindsay R. Berry , Paul Helman , Mike West

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 paper offers a methodological contribution at the intersection of machine learning and operations research. Namely, we propose a methodology to quickly predict tactical solutions to a given operational problem. In this context, the…

Machine Learning · Computer Science 2022-06-10 Eric Larsen , Sébastien Lachapelle , Yoshua Bengio , Emma Frejinger , Simon Lacoste-Julien , Andrea Lodi

Revenue management can enable airline corporations to maximize the revenue generated from each scheduled flight departing in their transportation network by means of finding the optimal policies for differential pricing, seat inventory…

Artificial Intelligence · Computer Science 2019-06-17 Syed Arbab Mohd Shihab , Caleb Logemann , Deepak-George Thomas , Peng Wei

Although researchers increasingly adopt machine learning to model travel behavior, they predominantly focus on prediction accuracy, ignoring the ethical challenges embedded in machine learning algorithms. This study introduces an important…

Machine Learning · Statistics 2021-09-28 Yunhan Zheng , Shenhao Wang , Jinhua Zhao

We propose a dynamical model of price formation on a spatial market where sellers and buyers are placed on the nodes of a graph, and the distribution of the buyers depends on the positions and prices of the sellers. We find that, depending…

Physics and Society · Physics 2022-11-15 Andrea Civilini , Vito Latora

This study explores the use of Recurrent Neural Networks (RNN) for real-time cryptocurrency price prediction and optimized trading strategies. Given the high volatility of the cryptocurrency market, traditional forecasting models often fall…

Statistical Finance · Quantitative Finance 2024-11-12 Shamima Nasrin Tumpa , Kehelwala Dewage Gayan Maduranga

In this paper, we compare various approaches to stock price prediction using neural networks. We analyze the performance fully connected, convolutional, and recurrent architectures in predicting the next day value of S&P 500 index based on…

Statistical Finance · Quantitative Finance 2021-03-29 Firuz Kamalov , Linda Smail , Ikhlaas Gurrib

Recently, Frankle & Carbin (2019) demonstrated that randomly-initialized dense networks contain subnetworks that once found can be trained to reach test accuracy comparable to the trained dense network. However, finding these high…

Machine Learning · Computer Science 2021-03-18 James Diffenderfer , Bhavya Kailkhura

In deep model compression, the recent finding "Lottery Ticket Hypothesis" (LTH) (Frankle & Carbin, 2018) pointed out that there could exist a winning ticket (i.e., a properly pruned sub-network together with original weight initialization)…

Machine Learning · Computer Science 2021-07-20 Ning Liu , Geng Yuan , Zhengping Che , Xuan Shen , Xiaolong Ma , Qing Jin , Jian Ren , Jian Tang , Sijia Liu , Yanzhi Wang

We present a novel approach to probabilistic electricity price forecasting which utilizes distributional neural networks. The model structure is based on a deep neural network that contains a so-called probability layer. The network's…

Statistical Finance · Quantitative Finance 2023-09-29 Grzegorz Marcjasz , Michał Narajewski , Rafał Weron , Florian Ziel

Spatiotemporal data is very common in many applications, such as manufacturing systems and transportation systems. It is typically difficult to be accurately predicted given intrinsic complex spatial and temporal correlations. Most of the…

Machine Learning · Computer Science 2020-04-24 Ziyue Li , Hao Yan , Chen Zhang , Fugee Tsung

The ticket automation provides crucial support for the normal operation of IT software systems. An essential task of ticket automation is to assign experts to solve upcoming tickets. However, facing thousands of tickets, inappropriate…

Machine Learning · Computer Science 2023-01-31 Chenhan Cao , Xiaoyu Fang , Bingqing Luo , Bin Xia

In this paper, we present a cost-based approach for the automatic selection and allocation of a disjoint ensemble of black-box predictors to answer predictive spatio-temporal queries. Our approach is divided into two parts -- offline and…

Item Price Elasticity is used to quantify the responsiveness of consumer demand to changes in item prices, enabling businesses to create pricing strategies and optimize revenue management. Sectors such as store retail, e-commerce, and…

Machine Learning · Computer Science 2026-05-12 Lakshya Garg , Sai Yaswanth , Deep Narayan Mishra , Karthik Kumaran , Anupriya Sharma , Mayank Uniyal

We study the online constrained ranking problem motivated by an application to web-traffic shaping: an online stream of sessions arrive in which, within each session, we are asked to rank items. The challenge involves optimizing the ranking…

Optimization and Control · Mathematics 2017-02-24 Parikshit Shah , Akshay Soni , Troy Chevalier

Deep-learning-based data-driven forecasting methods have produced impressive results for traffic forecasting. A major limitation of these methods, however, is that they provide forecasts without estimates of uncertainty, which are critical…

Machine Learning · Computer Science 2022-04-07 Tanwi Mallick , Prasanna Balaprakash , Jane Macfarlane

The computational demands of modern Deep Neural Networks (DNNs) are immense and constantly growing. While training costs usually capture public attention, inference demands are also contributing in significant computational, energy and…