This paper develops a new method for valuing land, a key asset on a nation’s balance sheet. The method first employs an unsupervised machine learning method, which means clustering, to…
Learn MoreA textbook property of optimization algorithms is their ability to optimize problems under generic regularity conditions. However, the performance of these fundamental and general-purpose optimization algorithms is often unsatisfactory; indeed,…
Learn MoreThis In Focus discusses developments in automated decision-making, artificial intelligence (AI), and machine learning (ML) in consumer loan underwriting. First, it focuses on market developments, and then it discusses the…
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