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I show that house prices can be modeled using machine learning (kNN and tree-bagging) and a small dataset composed of macro-economic factors (MEF), including an inflation metric (CPI), US treasury rates (10-yr), Gross Domestic Product…

统计金融 · 定量金融 2025-05-16 Nicolas Houlié

Prediction-oriented machine learning is becoming increasingly valuable to organizations, as it may drive applications in crucial business areas. However, decision-makers from companies across various industries are still largely reluctant…

软件工程 · 计算机科学 2023-06-22 Giacomo Welsch , Peter Kowalczyk

We study the problem of augmenting online algorithms with machine learned (ML) advice. In particular, we consider the \emph{multi-shop ski rental} (MSSR) problem, which is a generalization of the classical ski rental problem. In MSSR, each…

数据结构与算法 · 计算机科学 2020-10-26 Shufan Wang , Jian Li , Shiqiang Wang

The pricing of housing properties is determined by a variety of factors. However, post-pandemic markets have experienced volatility in the Chicago suburb area, which have affected house prices greatly. In this study, analysis was done on…

机器学习 · 计算机科学 2022-10-13 Kevin Xu , Hieu Nguyen

Airbnb, an online marketplace for accommodations, has experienced a staggering growth accompanied by intense debates and scattered regulations around the world. Current discourses, however, are largely focused on opinions rather than…

计算机与社会 · 计算机科学 2017-05-15 Qing Ke

Recently, the application of Artificial Intelligence algorithms in hotel recommendation systems has become an increasingly popular topic. One such method that has proven to be effective in this field is Deep Learning, especially Natural…

机器学习 · 计算机科学 2024-08-02 Lavrentia Aravani , Emmanuel Pintelas , Christos Pierrakeas , Panagiotis Pintelas

The hedonic approach based on a regression model has been widely adopted for the prediction of real estate property price and rent. In particular, a spatial regression technique called Kriging, a method of interpolation that was advanced in…

应用统计 · 统计学 2019-06-27 Hajime Seya , Daiki Shiroi

This paper contributes to the literature on parametric demand estimation by using deep learning to model consumer preferences. Traditional econometric methods often struggle with limited within-product price variation, a challenge addressed…

综合经济学 · 经济学 2024-12-16 Kirill Safonov

We consider the problem of dynamic pricing of a product in the presence of feature-dependent price sensitivity. Developing practical algorithms that can estimate price elasticities robustly, especially when information about no purchases…

机器学习 · 统计学 2022-12-21 Ravi Kumar , Shahin Boluki , Karl Isler , Jonas Rauch , Darius Walczak

Urban transportation and land use models have used theory and statistical modeling methods to develop model systems that are useful in planning applications. Machine learning methods have been considered too 'black box', lacking…

计量经济学 · 经济学 2020-12-01 Paul Waddell , Arezoo Besharati-Zadeh

Human lives are increasingly influenced by algorithms, which therefore need to meet higher standards not only in accuracy but also with respect to explainability. This is especially true for high-stakes areas such as real estate valuation.…

Predicting a customer's propensity-to-pay at an early point in the revenue cycle can provide organisations many opportunities to improve the customer experience, reduce hardship and reduce the risk of impaired cash flow and occurrence of…

机器学习 · 计算机科学 2025-05-28 Md Abul Bashar , Astin-Walmsley Kieren , Heath Kerina , Richi Nayak

Predicting booking probability and value at the traveler level plays a central role in computational advertising for massive two-sided vacation rental marketplaces. These marketplaces host millions of travelers with long shopping cycles,…

信息检索 · 计算机科学 2019-07-11 Meisam Hejazinia , Pavlos Mitsoulis-Ntompos , Serena Zhang

This paper presents an intelligent price suggestion system for online second-hand listings based on their uploaded images and text descriptions. The goal of price prediction is to help sellers set effective and reasonable prices for their…

人工智能 · 计算机科学 2020-12-14 Liang Han , Zhaozheng Yin , Zhurong Xia , Mingqian Tang , Rong Jin

We consider a variant of the classic Ski Rental online algorithm with applications to machine learning. In our variant, we allow the skier access to a black-box machine-learning algorithm that provides an estimate of the probability that…

机器学习 · 计算机科学 2019-03-14 Rohan Kodialam

Airbnb search must balance a worldwide, highly varied supply of homes with guests whose location, amenity, style, and price expectations differ widely. Meeting those expectations hinges on an efficient retrieval stage that surfaces only the…

Machine learning has been used in all kinds of fields. In this article, we introduce how machine learning can be applied into time series problem. Especially, we use the airline ticket prediction problem as our specific problem. Airline…

机器学习 · 计算机科学 2018-02-06 Jun Lu

A commonly expressed concern about the rise of the peer-to-peer rental market Airbnb is that hosts---those renting out their properties---impose costs on their unwitting neighbors. I consider the question of whether apartment building…

综合金融 · 定量金融 2016-11-18 John J. Horton

Data analytics using machine learning (ML) has become ubiquitous in science, business intelligence, journalism and many other domains. While a lot of work focuses on reducing the training cost, inference runtime and storage cost of ML…

数据库 · 计算机科学 2018-05-30 Lingjiao Chen , Paraschos Koutris , Arun Kumar

In this work, we build a series of machine learning models to predict the price of a product given its image, and visualize the features that result in higher or lower price predictions. We collect two novel datasets of product images and…

计算机视觉与模式识别 · 计算机科学 2018-10-19 Richard R. Yang , Steven Chen , Edward Chou