Text

Econometrics with Machine

---

On the face of it, econometrics and machine learning share a common goal: to build a predictive model, for a variable of interest, using explanatory variables (or features). However, the two fields have developed in parallel, thus creating two different cultures. Econometrics set out to build probabilistic models designed to describe economic phenomena, while machine learning uses algorithms capable of learning from their mistakes, generally for classification purposes (sounds, images, etc.). Yet in recent years, learning models have been found to be more effective than traditional econometric methods (the price to pay being lower explanatory power) and are, above all, capable of handling much larger datasets. Given this, econometricians need to understand what the two cultures are, what differentiates them and, above all, what they have in common in order to draw on tools developed by the statistical learning community with a view to incorporating them into econometric models.

---

Ketersediaan

Informasi Detail

Judul Seri

-

No. Panggil

657.7 FEL e

Penerbit

Australia : Springer Nature Switzerland., 2022

Deskripsi Fisik

385 hlm

Bahasa

English

ISBN/ISSN

9783031151491

Klasifikasi

657.7

Tipe Isi

text

Tipe Media

-

Tipe Pembawa

-

Edisi

Vol. 53

Subjek

Umum
ebook

Info Detail Spesifik

-

Pernyataan Tanggungjawab

Felix Chan

Versi lain/terkait

Lampiran Berkas

Komentar

---

Anda harus masuk sebelum memberikan komentar