Hartmann-Wendels, Thomas; Miller, Patrick; Töws, Eugen - In: Journal of Banking & Finance 40 (2014) C, pp. 364-375
benchmarks, we compare hybrid finite mixture models (FMMs), model trees and regression trees and we calculate the mean absolute … with respect to out-of-sample estimations. Model trees, by contrast, are more robust and outperform all other methods if …