The Turnbull method is the standard approach used in contingent valuation studies to estimate willingness to pay (WTP) models using discrete responses without making assumptions about the distribution of the data. However, this approach has several limitations. The purpose of this study is to...

The main aim of the paper is to briefly investigate the most significant topics of the currently used methodologies of solving and implementing SVM-based classifier. Following a brief introductory part, the basics of linear SVM and non-linear SVM models are briefly exposed in the next two...

Literature has documented tremendous changes in classical regression analysis techniques since 1980s. The drawbacks of simple and multiple parametric regression analyses on model specifications and the non-robust assumption of error terms followed by the introduction of a series of diagnostic...