Econometrics with Machine Learning

Name: Econometrics with Machine Learning
Brand: Springer, Berlin
SKU: 9783031151484
Price: 178.8 EUR
Availability: InStock

Автор: László Mátyás, Felix Chan

Език:

Корици: С твърди корици

Издател: Springer, Berlin

Наличност: Външен склад

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178.80 € 349.70 лв

This book helps and promotes the use of machine learning tools and techniques in econometrics and ex...

Информация за книгата

Автор

László Mátyás, Felix Chan

Език

Английски език

Корици

Книга - С твърди корици

Издадена

2022

страници

396

EAN

9783031151484

Enbook ID

39504799

Издател

Springer, Berlin

Теглоt

758

Размери

162 x 28 x 27

Пълно описание

This book helps and promotes the use of machine learning tools and techniques in econometrics and explains how machine learning can enhance and expand the econometrics toolbox in theory and in practice. Throughout the volume, the authors raise and answer six questions: 1) What are the similarities between existing econometric and machine learning techniques? 2) To what extent can machine learning techniques assist econometric investigation? Specifically, how robust or stable is the prediction from machine learning algorithms given the ever-changing nature of human behavior? 3) Can machine learning techniques assist in testing statistical hypotheses and identifying causal relationships in 'big data? 4) How can existing econometric techniques be extended by incorporating machine learning concepts? 5) How can new econometric tools and approaches be elaborated on based on machine learning techniques? 6) Is it possible to develop machine learning techniques further and make them even more readily applicable in econometrics?As the data structures in economic and financial data become more complex and models become more sophisticated, the book takes a multidisciplinary approach in developing both disciplines of machine learning and econometrics in conjunction, rather than in isolation. This volume is a must-read for scholars, researchers, students, policy-makers, and practitioners, who are using econometrics in theory or in practice.

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Информация за книгата

Пълно описание

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