{"title":"Short-term forecasting of electricity prices using generative neural networks","authors":"Andrej Kaukin, Pavel Pavlov, Vladimir Kosarev","doi":"10.17323/2587-814x.2023.3.7.23","DOIUrl":"https://doi.org/10.17323/2587-814x.2023.3.7.23","url":null,"abstract":"This article studies the predictive abilities of the generative-adversarial neural network approach in relation to time series using the example of price forecasting for the nodes of the Russian free electricity market for the day ahead. As a result of a series of experiments, we came to the conclusion that a generative adversarial network, consisting of two models (generator and discriminator), allows one to achieve a minimum of the error function with a greater generalizing ability than, all other things being equal, is achieved as a result of optimizing the static analogue of the generative model – recurrent neural network. Our own empirical results show that with a near-zero mean square error on the training set, which is demonstrated simultaneously by the recurrent and generative models, the error of the latter on the test set is lower. The adversarial approach also outperformed alternative reference models in out-of-sample forecasting accuracy: a convolutional neural network adapted for time series forecasting and an autoregressive linear model. Application of the proposed approach has shown that a generative-adversarial model with a given universal architecture and a limited number of explanatory factors, subject to additional training on data specific to the target node of the power system, can be used to predict prices in market nodes for the day ahead without significant deviations.","PeriodicalId":36213,"journal":{"name":"Business Informatics","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136345803","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Influence of algorithmization and interface for the preparation of management decisions","authors":"Rimma Gutgarts","doi":"10.17323/2587-814x.2023.3.24.37","DOIUrl":"https://doi.org/10.17323/2587-814x.2023.3.24.37","url":null,"abstract":"In modern conditions, managerial decision-making is carried out using automated systems under the general name “Decision Support Systems” (DSS). When creating them, it is important to consider two key points. The first is the algorithmic component, which reflects the logic of the system as a whole and its individual parts. The second is the application interface through which the user interacts with it. The interface is a graphical interpretation of the algorithms that are implemented within the system. Therefore, it is very important to design and create such a relationship between the algorithm and the interface so that the user is as comfortable as possible using the DSS to solve current tasks (information input, its processing, presentation and analysis for decision making). Thus, there is a directly proportional relationship between the interface and the algorithm. Moreover, despite the fact that there are many studies on these aspects, both theoretical and practical, there are still questions to which one should pay attention to in terms of application. The purpose of this study is to formulate practical recommendations to prevent the entry of incorrect information into the DSS database and to present the results in a form convenient for its analysis. The main tasks of the work are to show by means of examples which errors can contribute to the entry of unreliable information into the database, as well as how best to present information on the monitor screen in accordance with the psychophysiological characteristics of a person in order to reduce the time for its analysis and decision-making.","PeriodicalId":36213,"journal":{"name":"Business Informatics","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135032301","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}