Search results for "Elastic net"
showing 10 items of 11 documents
Breakup and default risks in the great lockdown
2023
Abstract In this paper, we exploit CDS quotes for contracts denominated in different currencies and with different default clauses to estimate the risk of a breakup of the Eurozone and the propagation of breakup and default risks after the COVID-19 shock. Our main result is that the risk of a Eurozone breakup is significant although, quantitatively, it is not larger than in the period before the COVID-19 shock. In addition, we find that an increase in the redenomination risk in one country is associated with an increase in default premia and bond spreads in other Eurozone countries. Finally, we find that a sizeable fraction of the changes in the cost of insuring against redenomination and d…
Regularized extreme learning machine for regression problems
2011
Extreme learning machine (ELM) is a new learning algorithm for single-hidden layer feedforward networks (SLFNs) proposed by Huang et al. [1]. Its main advantage is the lower computational cost, which is especially relevant when dealing with many patterns defined in a high-dimensional space. This paper proposes an algorithm for pruning ELM networks by using regularized regression methods, thus obtaining a suitable number of the hidden nodes in the network architecture. Beginning from an initial large number of hidden nodes, irrelevant nodes are then pruned using ridge regression, elastic net and lasso methods; hence, the architectural design of ELM network can be automated. Empirical studies…
Prediction of type 2 diabetes mellitus based on nutrition data
2021
Abstract Numerous predictive models for the risk of type 2 diabetes mellitus (T2DM) exist, but a minority of them has implemented nutrition data so far, even though the significant effect of nutrition on the pathogenesis, prevention and management of T2DM has been established. Thus, in the present study, we aimed to build a predictive model for the risk of T2DM that incorporates nutrition data and calculates its predictive performance. We analysed cross-sectional data from 1591 individuals from the population-based Cooperative Health Research in the Region of Augsburg (KORA) FF4 study (2013–14) and used a bootstrap enhanced elastic net penalised multivariate regression method in order to bu…
An entropy-based machine learning algorithm for combining macroeconomic forecasts
2019
This paper applies a Machine Learning approach with the aim of providing a single aggregated prediction from a set of individual predictions. Departing from the well-known maximum-entropy inference methodology, a new factor capturing the distance between the true and the estimated aggregated predictions presents a new problem. Algorithms such as ridge, lasso or elastic net help in finding a new methodology to tackle this issue. We carry out a simulation study to evaluate the performance of such a procedure and apply it in order to forecast and measure predictive ability using a dataset of predictions on Spanish gross domestic product.
A machine learning application to predict early lung involvement in scleroderma: A feasibility evaluation
2021
Introduction: Systemic sclerosis (SSc) is a systemic immune-mediated disease, featuring fibrosis of the skin and organs, and has the greatest mortality among rheumatic diseases. The nervous system involvement has recently been demonstrated, although actual lung involvement is considered the leading cause of death in SSc and, therefore, should be diagnosed early. Pulmonary function tests are not sensitive enough to be used for screening purposes, thus they should be flanked by other clinical examinations
Scad-elastic net and the estimation of individual tourism expenditure determinants
2014
This paper introduces the use of scad-elastic net in the assessment of the determinants of individual tourist spending. This technique approaches two main estimation-related issues of primary importance. So far studies of tourism literature have made a wide use of classic regressions, whose results might be affected by multicollinearity. In addition, because of the absence of robust economic theory on tourism behavior, regressor selection is often left to researcher's choice when not driven by non-optimal automatic criteria. Scad-elastic net is an OLS model that accounts for both these problems by including two types of parameters constraints, namely the smoothly clipped absolute deviation …
Data fusion analysis applied to different climate change models: An application to the energy consumptions of a building office
2019
Abstract The paper aims to achieve the modelling of climate change effects on heating and cooling in the building sector, through the use of the available Intergovernmental Panel on Climate Change forecasted data. Data from several different climate models will be fused with regards to mean air temperature, wind speed and horizontal solar radiation. Several climatic models data were analysed ranging from January 2006 to December 2100. Rather than considering each model in isolation, we propose a data fusion approach for providing a robust combined model for morphing an existing weather data file. The final aim is simulating future energy use for heating and cooling of a reference building a…
On the Applicability of Elastic Network Normal Modes in Small-Molecule Docking
2012
Incorporating backbone flexibility into protein-ligand docking is still a challenging problem. In protein-protein docking, normal mode analysis (NMA) has become increasingly popular as it can be used to describe the collective motions of a biological system, but the question of whether NMA can also be useful in predicting the conformational changes observed upon small-molecule binding has only been addressed in a few case studies. Here, we describe a large-scale study on the applicability of NMA for protein-ligand docking using 433 apo/holo pairs of the Astex data sets. On the basis of sets of the first normal modes from the apo structure, we first generated for each paired holo structure a…
Data fusion analysis applied to different climate change models: an application to the energy consumptions of a building office
2018
The paper aims to achieve the modelling of climate change effects on heating and cooling in the building sector, through the use of the available Intergovernmental Panel on Climate Change forecasted data. Data from several different climate models will be fused with regards to mean air temperature, wind speed and horizontal solar radiation. Several climatic models data were analyzed ranging from January 2006 to December 2100. Rather than considering each model in isolation, we propose a data fusion approach for providing a robust combined model for morphing an existing weather data file. The final aim is simulating future energy use for heating and cooling of a reference building as a conse…
Modelling of piping collapses and gully headcut landforms: Evaluating topographic variables from different types of DEM
2021
Abstract The geomorphic studies are extremely dependent on the quality and spatial resolution of digital elevation model (DEM) data. The unique terrain characteristics of a particular landscape are derived from DEM, which are responsible for initiation and development of ephemeral gullies. As the topographic features of an area significantly influences on the erosive power of the water flow, it is an important task the extraction of terrain features from DEM to properly research gully erosion. Alongside, topography is highly correlated with other geo-environmental factors i.e. geology, climate, soil types, vegetation density and floristic composition, runoff generation, which ultimately inf…