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When using machine learning techniques in decision-making processes, the interpretability of the models is important. In the present paper, we adopted the Shapley additive explanation (SHAP), which is based on fair profit allocation among…

Machine Learning · Computer Science 2022-03-03 Yasunobu Nohara , Koutarou Matsumoto , Hidehisa Soejima , Naoki Nakashima

This study introduces an interpretable machine learning (ML) framework to extract macroeconomic alpha from global news sentiment. We process the Global Database of Events, Language, and Tone (GDELT) Project's worldwide news feed using…

Computational Finance · Quantitative Finance 2025-05-23 Yuke Zhang

When performing predictions that use Machine Learning (ML), we are mainly interested in performance and interpretability. This generates a natural trade-off, where complex models generally have higher skills but are harder to explain and…

Machine Learning · Computer Science 2025-03-31 Alessandro Lovo , Amaury Lancelin , Corentin Herbert , Freddy Bouchet

Quantitative models are an important decision-making factor for policy makers and investors. Predicting an economic recession with high accuracy and reliability would be very beneficial for the society. This paper assesses machine learning…

Econometrics · Economics 2023-09-01 Kian Tehranian

This study presents a comparative analysis between two primary approaches in Natural Language Processing (NLP): Machine Learning (ML) utilizing the PyCaret AutoML framework, and Deep Learning (DL). The evaluation is conducted on a sentiment…

With the spread and rapid advancement of black box machine learning models, the field of interpretable machine learning (IML) or explainable artificial intelligence (XAI) has become increasingly important over the last decade. This is…

Multimodal learning enables various machine learning tasks to benefit from diverse data sources, effectively mimicking the interplay of different factors in real-world applications, particularly in agriculture. While the heterogeneous…

Artificial Intelligence · Computer Science 2025-08-12 Hiba Najjar , Deepak Pathak , Marlon Nuske , Andreas Dengel

It is undeniable that people life patterns and technological developments are interrelated within a supply and demand cycle. In the education world, the emergence of the internet and mobile technologies has opened the learning boundaries…

Human-Computer Interaction · Computer Science 2021-04-14 Aang Subiyakto , Noni Erlina , Yuni Sugiarti , Nashrul Hakiem , Moh. Irfan , Abd. Rahman Ahlan

We discuss the relevance of the recent Machine Learning (ML) literature for economics and econometrics. First we discuss the differences in goals, methods and settings between the ML literature and the traditional econometrics and…

Econometrics · Economics 2019-03-26 Susan Athey , Guido Imbens

Academic research and the financial industry have recently paid great attention to Machine Learning algorithms due to their power to solve complex learning tasks. In the field of firms' default prediction, however, the lack of…

Machine Learning · Statistics 2021-09-02 Lisa Crosato , Caterina Liberati , Marco Repetto

Empirical researchers increasingly use upstream machine-learning (ML) methods to construct proxies for latent target variables from complex, unstructured data. A naive plug-in use of such proxies in downstream econometric models, however,…

Econometrics · Economics 2026-04-14 Lixiong Li

Predicting a fast and accurate model for stock price forecasting is been a challenging task and this is an active area of research where it is yet to be found which is the best way to forecast the stock price. Machine learning, deep…

Statistical Finance · Quantitative Finance 2024-02-13 Himanshu Gupta , Aditya Jaiswal

Identifying anomalies in the fuel consumption of the vehicles of a fleet is a crucial aspect for optimizing consumption and reduce costs. However, this information alone is insufficient, since fleet operators need to know the causes behind…

Machine Learning · Computer Science 2021-07-23 Alberto Barbado , Óscar Corcho

To learn about real world phenomena, scientists have traditionally used models with clearly interpretable elements. However, modern machine learning (ML) models, while powerful predictors, lack this direct elementwise interpretability (e.g.…

Machine Learning · Statistics 2024-07-16 Timo Freiesleben , Gunnar König , Christoph Molnar , Alvaro Tejero-Cantero

For a long-time, researchers have been developing a reliable and accurate predictive model for stock price prediction. According to the literature, if predictive models are correctly designed and refined, they can painstakingly and…

Statistical Finance · Quantitative Finance 2021-12-24 Ananda Chatterjee , Hrisav Bhowmick , Jaydip Sen

Supervised Machine Learning (SML) algorithms such as Gradient Boosting, Random Forest, and Neural Networks have become popular in recent years due to their increased predictive performance over traditional statistical methods. This is…

Machine Learning · Statistics 2018-06-05 Linwei Hu , Jie Chen , Vijayan N. Nair , Agus Sudjianto

Being able to predict when invoices will be paid is valuable in multiple industries and supports decision-making processes in most financial workflows. However, due to the complexity of data related to invoices and the fact that the…

Machine Learning · Computer Science 2020-08-18 Ana Paula Appel , Gabriel Louzada Malfatti , Renato Luiz de Freitas Cunha , Bruno Lima , Rogerio de Paula

Accurate travel products price forecasting is a highly desired feature that allows customers to take informed decisions about purchases, and companies to build and offer attractive tour packages. Thanks to machine learning (ML), it is now…

Applications · Statistics 2021-06-10 Rosa Candela , Pietro Michiardi , Maurizio Filippone , Maria A. Zuluaga

Machine learning (ML) techniques play a pivotal role in high-stakes domains such as healthcare, where accurate predictions can greatly enhance decision-making. However, most high-performing methods such as neural networks and ensemble…

Artificial Intelligence · Computer Science 2026-01-08 Sanne Wielinga , Jesse Heyninck

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