From econometrics to machine learning: Insights from transportation studies
Talk, KTH, Department of Mathematics, Stockholm, Sweden
Econometrics is the field of economics which intends to unveil the decision-making process of individuals and firms: econometricians use statistical tools aiming to understand people’s choices and predict their behaviours. Using case studies coming from the transportation field, I will present the main limitations of the traditional econometric approach and identify where machine learning can bridge the gap. [Slides]