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This paper details an innovative methodology to integrate image data into traditional econometric models. Motivated by forecasting sales prices for residential real estate, we harness the power of deep learning to add "information"…

General Economics · Economics 2024-04-01 Ardyn Nordstrom , Morgan Nordstrom , Matthew D. Webb

Real-world applications that involve missing values are often constrained by the cost to obtain data. Test-cost sensitive, or costly feature, methods additionally consider the cost of acquiring features. Such methods have been extensively…

Machine Learning · Computer Science 2020-10-09 Seung Gyu Hyun , Christopher Leung

Predicting the price of used vehicles is a more interesting and needed problem by many users. Vehicle price prediction can be a challenging task due to the high number of attributes that should be considered for accurate prediction. The…

Machine Learning · Computer Science 2023-08-22 Auwal Tijjani Amshi

Land use classification is essential for urban planning. Urban land use types can be differentiated either by their physical characteristics (such as reflectivity and texture) or social functions. Remote sensing techniques have been…

Computers and Society · Computer Science 2013-10-24 Tao Pei , Stanislav Sobolevsky , Carlo Ratti , Shih-Lung Shaw , Chenghu Zhou

In this paper we investigate the problem of localizing a mobile device based on readings from its embedded sensors utilizing machine learning methodologies. We consider a real-world environment, collect a large dataset of 3110 datapoints,…

Machine Learning · Computer Science 2017-06-21 David Mascharka , Eric Manley

The prediction of surrounding traffic participants behavior is a crucial and challenging task for driver assistance and autonomous driving systems. Today's approaches mainly focus on modeling dynamic aspects of the traffic situation and try…

Computers and Society · Computer Science 2021-10-27 Florian Wirthmüller , Jochen Hipp , Christian Reichenbächer , Manfred Reichert

The valuation of real estates (e.g., house, land, among others) is of extreme importance for decision making. Their singular characteristics make valuation through hedonic pricing methods dificult since the theory does not specify the…

Applications · Statistics 2011-11-04 Lutemberg Florencio , Francisco Cribari-Neto , Raydonal Ospina

Access to metro systems plays a critical role in shaping urban housing markets by enhancing neighborhood accessibility and driving property demand. We present RailEstate, a novel web based system that integrates spatial analytics, natural…

Computers and Society · Computer Science 2025-11-04 Chen-Wei Chang , Yu-Chieh Cheng , Yun-En Tsai , Fanglan Chen , Chang-Tien Lu

In this paper, we focus on a critical component of the city: its building stock, which holds much of its socio-economic activities. In our case, the lack of a comprehensive database about their features and its limitation to a surveyed…

Physics and Society · Physics 2021-06-09 Alaa Krayem , Aram Yeretzian , Ghaleb Faour , Sara Najem

This article proposes a spatial dynamic structural equation model for the analysis of housing prices at the State level in the USA. The study contributes to the existing literature by extending the use of dynamic factor models to the…

Applications · Statistics 2013-12-23 Pasquale Valentini , Luigi Ippoliti , Lara Fontanella

Prediction of future movement of stock prices has always been a challenging task for the researchers. While the advocates of the efficient market hypothesis (EMH) believe that it is impossible to design any predictive framework that can…

Statistical Finance · Quantitative Finance 2021-09-03 Sidra Mehtab , Jaydip Sen

We propose models and algorithms for learning about random directions in simplex-valued data. The models are applied to the study of income level proportions and their changes over time in a geostatistical area. There are several notable…

Methodology · Statistics 2023-11-01 Rayleigh Lei , XuanLong Nguyen

With the advent of Internet of Thing (IoT), and ubiquitous data collected every moment by either portable (smart phone) or fixed (sensor) devices, it is important to gain insights and meaningful information from the sensor data in…

Machine Learning · Computer Science 2021-01-12 Mohammadhossein Toutiaee

In this paper, we conduct a simulation study with subject-level data to evaluate conventional meta-regression approaches (study-level random, fixed, and mixed effects) against seven methodology specifications new to meta-regressions that…

Econometrics · Economics 2025-07-18 Ali Habibnia , Jonathan Gendron

The problem of identifying the optimal location for a new retail store has been the focus of past research, especially in the field of land economy, due to its importance in the success of a business. Traditional approaches to the problem…

Social and Information Networks · Computer Science 2014-02-26 Dmytro Karamshuk , Anastasios Noulas , Salvatore Scellato , Vincenzo Nicosia , Cecilia Mascolo

Housing has emerged as a crucial concern among young individuals residing in major cities, including Shanghai. Given the unprecedented surge in property prices in this metropolis, young people have increasingly resorted to the rental market…

Machine Learning · Computer Science 2024-05-29 Tingting Chen , Shijing Si

Residential location choices are traditionally modelled using factors related to accessibility and socioeconomic environments, neglecting the importance of local street-level conditions. Arguably, this neglect is due to data practices.…

Computer Vision and Pattern Recognition · Computer Science 2024-10-24 Sander van Cranenburgh , Francisco Garrido-Valenzuela

In this paper, statistical machine learning algorithms, as well as deep neural networks, are used to predict the values of the price gap between day-ahead and real-time electricity markets. Several exogenous features are collected and…

Systems and Control · Electrical Eng. & Systems 2020-12-24 Nika Nizharadze , Arash Farokhi Soofi , Saeed D. Manshadi

Geographically weighted regression (GWR) is a popular tool for modeling spatial heterogeneity in a regression model. However, the current weighting function used in GWR only considers the geographical distance, while the attribute…

Machine Learning · Computer Science 2023-05-17 Hone-Jay Chu , Po-Hung Chen , Sheng-Mao Chang , Muhammad Zeeshan Ali , Sumriti Ranjan Patra

Our research presents a comprehensive approach to leveraging mobile camera image data for real-time air quality assessment and recommendation. We develop a regression-based Convolutional Neural Network model and tailor it explicitly for air…

Computer Vision and Pattern Recognition · Computer Science 2025-01-08 Pritisha Sarkar , Duranta Durbaar Vishal Saha , Mousumi Saha