2020Diskussionspapier
AVM and High Dimensional Data - Do Ridge, the Lasso or the Elastic Net provide an 'automated' solution?
Hinrichs, Nils; Kolbe, Jens; Werwatz, Axel
In this paper, we apply Ridge Regression, the Lasso and the Elastic Net to a rich and reliable data set of condominiums sold in Berlin, Germany, between 1996 and 2013. We their predictive performance in a rolling window ...