M. Pérez-Pons, Javier Parra-Domínguez, S. Omatu, E. Herrera-Viedma, J. Corchado
{"title":"机器学习与传统计量经济学模型的系统映射研究","authors":"M. Pérez-Pons, Javier Parra-Domínguez, S. Omatu, E. Herrera-Viedma, J. Corchado","doi":"10.2478/jaiscr-2022-0006","DOIUrl":null,"url":null,"abstract":"Abstract Context: Machine Learning (ML) is a disruptive concept that has given rise to and generated interest in different applications in many fields of study. The purpose of Machine Learning is to solve real-life problems by automatically learning and improving from experience without being explicitly programmed for a specific problem, but for a generic type of problem. This article approaches the different applications of ML in a series of econometric methods. Objective: The objective of this research is to identify the latest applications and do a comparative study of the performance of econometric and ML models. The study aimed to find empirical evidence for the performance of ML algorithms being superior to traditional econometric models. The Methodology of systematic mapping of literature has been followed to carry out this research, according to the guidelines established by [39], and [58] that facilitate the identification of studies published about this subject. Results: The results show, that in most cases ML outperforms econometric models, while in other cases the best performance has been achieved by combining traditional methods and ML applications. Conclusion: inclusion and exclusions criteria have been applied and 52 articles closely related articles have been reviewed. The conclusion drawn from this research is that it is a field that is growing, which is something that is well known nowadays and that there is no certainty as to the performance of ML being always superior to that of econometric models.","PeriodicalId":48494,"journal":{"name":"Journal of Artificial Intelligence and Soft Computing Research","volume":"12 1","pages":"79 - 100"},"PeriodicalIF":3.3000,"publicationDate":"2021-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":"{\"title\":\"Machine Learning and Traditional Econometric Models: A Systematic Mapping Study\",\"authors\":\"M. Pérez-Pons, Javier Parra-Domínguez, S. Omatu, E. Herrera-Viedma, J. Corchado\",\"doi\":\"10.2478/jaiscr-2022-0006\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Abstract Context: Machine Learning (ML) is a disruptive concept that has given rise to and generated interest in different applications in many fields of study. The purpose of Machine Learning is to solve real-life problems by automatically learning and improving from experience without being explicitly programmed for a specific problem, but for a generic type of problem. This article approaches the different applications of ML in a series of econometric methods. Objective: The objective of this research is to identify the latest applications and do a comparative study of the performance of econometric and ML models. The study aimed to find empirical evidence for the performance of ML algorithms being superior to traditional econometric models. The Methodology of systematic mapping of literature has been followed to carry out this research, according to the guidelines established by [39], and [58] that facilitate the identification of studies published about this subject. Results: The results show, that in most cases ML outperforms econometric models, while in other cases the best performance has been achieved by combining traditional methods and ML applications. Conclusion: inclusion and exclusions criteria have been applied and 52 articles closely related articles have been reviewed. The conclusion drawn from this research is that it is a field that is growing, which is something that is well known nowadays and that there is no certainty as to the performance of ML being always superior to that of econometric models.\",\"PeriodicalId\":48494,\"journal\":{\"name\":\"Journal of Artificial Intelligence and Soft Computing Research\",\"volume\":\"12 1\",\"pages\":\"79 - 100\"},\"PeriodicalIF\":3.3000,\"publicationDate\":\"2021-04-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Artificial Intelligence and Soft Computing Research\",\"FirstCategoryId\":\"94\",\"ListUrlMain\":\"https://doi.org/10.2478/jaiscr-2022-0006\",\"RegionNum\":3,\"RegionCategory\":\"计算机科学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"COMPUTER SCIENCE, ARTIFICIAL INTELLIGENCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Artificial Intelligence and Soft Computing Research","FirstCategoryId":"94","ListUrlMain":"https://doi.org/10.2478/jaiscr-2022-0006","RegionNum":3,"RegionCategory":"计算机科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"COMPUTER SCIENCE, ARTIFICIAL INTELLIGENCE","Score":null,"Total":0}
Machine Learning and Traditional Econometric Models: A Systematic Mapping Study
Abstract Context: Machine Learning (ML) is a disruptive concept that has given rise to and generated interest in different applications in many fields of study. The purpose of Machine Learning is to solve real-life problems by automatically learning and improving from experience without being explicitly programmed for a specific problem, but for a generic type of problem. This article approaches the different applications of ML in a series of econometric methods. Objective: The objective of this research is to identify the latest applications and do a comparative study of the performance of econometric and ML models. The study aimed to find empirical evidence for the performance of ML algorithms being superior to traditional econometric models. The Methodology of systematic mapping of literature has been followed to carry out this research, according to the guidelines established by [39], and [58] that facilitate the identification of studies published about this subject. Results: The results show, that in most cases ML outperforms econometric models, while in other cases the best performance has been achieved by combining traditional methods and ML applications. Conclusion: inclusion and exclusions criteria have been applied and 52 articles closely related articles have been reviewed. The conclusion drawn from this research is that it is a field that is growing, which is something that is well known nowadays and that there is no certainty as to the performance of ML being always superior to that of econometric models.
期刊介绍:
Journal of Artificial Intelligence and Soft Computing Research (available also at Sciendo (De Gruyter)) is a dynamically developing international journal focused on the latest scientific results and methods constituting traditional artificial intelligence methods and soft computing techniques. Our goal is to bring together scientists representing both approaches and various research communities.