Eco-RETINA: a green flexible algorithm for model building

Eco-RETINA is an innovative and eco-friendly algorithm explicitly designed for out-of-sample prediction. Functioning as a regression-based flexible approximator, it is linear in parameters but nonlinear in inputs, employing a selective model search to optimize performance. The algorithm adeptly mana...

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Detalles Bibliográficos
Autores: Capilla, Javier, Alcaraz, Alba, Valarezo Unda, Ángel Eduardo, García Hiernaux, Alfredo Alejandro, Pérez Amaral, Teodosio
Tipo de recurso: informe técnico
Fecha de publicación:2025
País:España
Institución:Universidad Complutense de Madrid (UCM)
Repositorio:Docta Complutense
Idioma:inglés
OAI Identifier:oai:docta.ucm.es:20.500.14352/117836
Acceso en línea:https://hdl.handle.net/20.500.14352/117836
Access Level:acceso abierto
Palabra clave:C14
C45
C51
C63
Eco-RETINA
Predicción fuera de la muestra.
Algoritmo
Econometría (Economía)
5302 Econometría
Descripción
Sumario:Eco-RETINA is an innovative and eco-friendly algorithm explicitly designed for out-of-sample prediction. Functioning as a regression-based flexible approximator, it is linear in parameters but nonlinear in inputs, employing a selective model search to optimize performance. The algorithm adeptly manages multicollinearity while emphasizing speed, accuracy, and environmental sustainability. Its modular and transparent structure facilitates easy interpretation and modification, making it an invaluable tool for researchers in developing explicit models for out-of-sample forecasting. The algorithm generates outputs such as a list of relevant transformed inputs, coefficients, standard deviations, and confidence intervals, enhancing its interpretability.