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We create a hedonic price model for house prices for six geographical submarkets in the Netherlands. Our model is based on a recent data mining technique called boosting. Boosting is an ensemble technique that combines multiple models, in our case decision trees, into a combined prediction....
Persistent link: https://www.econbiz.de/10010731586
Hedonic pricing models attempt to model a relationship between object attributes and the object's price. Traditional hedonic pricing models are often parametric models that suffer from misspecification. In this paper we create these models by means of boosted CART models. The method is explained...
Persistent link: https://www.econbiz.de/10010731892
Most recommender systems present recommended products in lists to the user. By doing so, much information is lost about the mutual similarity between recommended products. We propose to represent the mutual similarities of the recommended products in a two dimensional space, where similar...
Persistent link: https://www.econbiz.de/10010837887