We examine predictive machine learning studies from 50 top business and economic journals published between 2010 and 2023. We investigate their transparency regarding the predictive performance of machine learning models compared to less complex traditional statistical models that require fewer...

We examine predictive machine learning studies from 50 top business and economic journals published between 2010 and 2023. We investigate their transparency regarding the predictive performance of machine learning models compared to less complex traditional statistical models that require fewer...

Modelling claim frequency and claim severity are topics of great interest in property-casualty insurance for supporting underwriting, ratemaking, and reserving actuarial decisions. Standard Generalized Linear Models (GLM) frequency-severity models assume a linear relationship between a function...

Economies of scope in data aggregation (ESDA) are attracting the attention of policymakers and researchers because of the efficiency gains they could bring about. Antitrust authorities, in turn, are concerned about their potential anti-competitive outcomes. However, the concept remains blurry...

The use of machine learning (ML) methods has been widely discussed for over a decade. The search for the optimal model is still a challenge that researchers seek to address. Despite advances in current work that surpass the limitations of previous ones, research still faces new challenges in...

The use of machine learning (ML) methods has been widely discussed for over a decade. The search for the optimal model is still a challenge that researchers seek to address. Despite advances in current work that surpass the limitations of previous ones, research still faces new challenges in...

In this paper, we investigated rates of admission to hospitals (or other health facilities) due to respiratory diseases in a United States working population and their dependence on a number of demographic and health insurance-related factors. We employed neural network (NN) modelling...