A Note on Combining Machine Learning with Statistical Modeling for Financial Data Analysis

This note revisits the ideas of the so-called semiparametric methods that we consider to be very useful when applying machine learning in insurance. To this aim, we first recall the main essence of semiparametrics like the mixing of global and local estimation and the combining of explicit modeling...

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Bibliographic Details
Main Authors: José María Sarabia, Faustino Prieto, Vanesa Jordá, Stefan Sperlich
Format: Article
Language:English
Published: MDPI AG 2020-04-01
Series:Risks
Subjects:
Online Access:https://www.mdpi.com/2227-9091/8/2/32