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Persistent link: https://www.econbiz.de/10012154914
In this chapter, we consider the model of call center incoming call forecasting and staffing-level optimization. We first present the structure of the model and how an agent-based modeling technique could enrich the decision rule and the model. A matrix layout is introduced to present the model...
Persistent link: https://www.econbiz.de/10015090791
Because of its many advantages, the use of decision trees has become an increasingly popular alternative predictive tool for building classification and regression models. Its origins date back for about five decades where the algorithm can be broadly described by repeatedly partitioning the...
Persistent link: https://www.econbiz.de/10012914471
Persistent link: https://www.econbiz.de/10009242030
In this article, we provide an alternative evidence of asymmetric information in automobile insurance based on a copula model. We use the Frank’s copula to jointly model the type of policy coverage chosen and the number of accidents, with the dependence parameter providing for evidence of the...
Persistent link: https://www.econbiz.de/10014191732