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This paper is concerned with personalized pricing models aimed at maximizing the expected revenues or profits for a single item. While it is essential for personalized pricing to predict the purchase probabilities for each consumer, these…

Optimization and Control · Mathematics 2024-07-23 Shunnosuke Ikeda , Naoki Nishimura , Noriyoshi Sukegawa , Yuichi Takano

The rapid development of artificial intelligence methods contributes to their wide applications for forecasting various financial risks in recent years. This study introduces a novel explainable case-based reasoning (CBR) approach without a…

Computational Finance · Quantitative Finance 2021-07-20 Wei Li , Florentina Paraschiv , Georgios Sermpinis

Thermal management in the hyper-scale cloud data centers is a critical problem. Increased host temperature creates hotspots which significantly increases cooling cost and affects reliability. Accurate prediction of host temperature is…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-12-17 Shashikant Ilager , Kotagiri Ramamohanarao , Rajkumar Buyya

Tree-based machine learning algorithms provide the most precise assessment of the feasibility for a country to export a target product given its export basket. However, the high number of parameters involved prevents a straightforward…

General Economics · Economics 2022-12-07 Massimiliano Fessina , Giambattista Albora , Andrea Tacchella , Andrea Zaccaria

Tree-based machine learning models such as random forests, decision trees, and gradient boosted trees are the most popular non-linear predictive models used in practice today, yet comparatively little attention has been paid to explaining…

Trust and credibility in machine learning models is bolstered by the ability of a model to explain itsdecisions. While explainability of deep learning models is a well-known challenge, a further chal-lenge is clarity of the explanation…

Machine Learning · Computer Science 2020-11-30 hsan Ullah , Andre Rios , Vaibhav Gala , Susan Mckeever

Automated next-best action recommendation for each customer in a sequential, dynamic and interactive context has been widely needed in natural, social and business decision-making. Personalized next-best action recommendation must involve…

Machine Learning · Computer Science 2022-04-06 Longbing Cao , Chengzhang Zhu

AI methods referred to as interpretable are often discredited as inaccurate by supporters of the existence of a trade-off between interpretability and accuracy. In many problem contexts however this trade-off does not hold. This paper…

Machine Learning · Computer Science 2023-05-10 Mobyen Uddin Ahmed , Shaibal Barua , Shahina Begum , Mir Riyanul Islam , Rosina O Weber

Acquiring new customers is a vital process for growing businesses. Prospecting is the process of identifying and marketing to potential customers using methods ranging from online digital advertising, linear television, out of home, and…

Machine Learning · Computer Science 2024-10-03 Sadegh Farhang , William Hayes , Nick Murphy , Jonathan Neddenriep , Nicholas Tyris

Automated decision making is used routinely throughout our everyday life. Recommender systems decide which jobs, movies, or other user profiles might be interesting to us. Spell checkers help us to make good use of language. Fraud detection…

Machine Learning · Computer Science 2020-07-15 Alexander Jung , Pedro H. J. Nardelli

The domain of explainable AI is of interest in all Machine Learning fields, and it is all the more important in clustering, an unsupervised task whose result must be validated by a domain expert. We aim at finding a clustering that has high…

Artificial Intelligence · Computer Science 2024-03-28 Mathieu Guilbert , Christel Vrain , Thi-Bich-Hanh Dao

Machine learning systems have become popular in fields such as marketing, financing, or data mining. While they are highly accurate, complex machine learning systems pose challenges for engineers and users. Their inherent complexity makes…

Computers and Society · Computer Science 2019-07-31 Andrea Papenmeier , Gwenn Englebienne , Christin Seifert

Landslides have been a regular occurrence and an alarming threat to human life and property in the era of anthropogenic global warming. An early prediction of landslide susceptibility using a data-driven approach is a demand of time. In…

Machine Learning · Computer Science 2023-06-28 Muhammad Sakib Khan Inan , Istiakur Rahman

Product ranking is the core problem for revenue-maximizing online retailers. To design proper product ranking algorithms, various consumer choice models are proposed to characterize the consumers' behaviors when they are provided with a…

Machine Learning · Computer Science 2023-01-03 Renzhe Xu , Xingxuan Zhang , Bo Li , Yafeng Zhang , Xiaolong Chen , Peng Cui

The growing instability of both global and domestic economic environments has increased the risk of financial distress at the household level. However, traditional econometric models often rely on delayed and aggregated data, limiting their…

Increasingly complex learning methods such as boosting, bagging and deep learning have made ML models more accurate, but harder to understand and interpret. A tradeoff between performance and intelligibility is often to be faced, especially…

Machine Learning · Computer Science 2023-12-18 Enea Parimbelli , Giovanna Nicora , Szymon Wilk , Wojtek Michalowski , Riccardo Bellazzi

Uplift modeling comprises a collection of machine learning techniques designed for managers to predict the incremental impact of specific actions on customer outcomes. However, accurately estimating this incremental impact poses significant…

Machine Learning · Computer Science 2025-02-10 Junjie Gao , Xiangyu Zheng , DongDong Wang , Zhixiang Huang , Bangqi Zheng , Kai Yang

Electric city bus gains popularity in recent years for its low greenhouse gas emission, low noise level, etc. Different from a passenger car, the weight of a city bus varies significantly with different amounts of onboard passengers. After…

Systems and Control · Electrical Eng. & Systems 2023-02-08 Junzhe Shi , Bin Xu , Xingyu Zhou , Jun Hou

Machine learning solutions for pattern classification problems are nowadays widely deployed in society and industry. However, the lack of transparency and accountability of most accurate models often hinders their safe use. Thus, there is a…

Machine Learning · Computer Science 2021-12-24 Gonzalo Nápoles , Yamisleydi Salgueiro , Isel Grau , Maikel Leon Espinosa

Predicting invoice payment is valuable in multiple industries and supports decision-making processes in most financial workflows. However, the challenge in this realm involves dealing with complex data and the lack of data related to…