Statistical Methods for Forecasting and Risk Analysis

Dear Colleagues,

In recent years, the fast accumulation and growing availability of data and computational power have led to the spread of sophisticated statistical and machine learning models, together with artificial intelligence-based systems.

While these methods have gained great popularity in data science applications, due to their capability of giving rise to powerful predictions, they have an intrinsic black box nature, where input data are elaborated through complex processes without effective control and monitoring of the operational, reputational, and strategic risks emerging from potential biases in forecasting.

Therefore, the use of statistical methods to predict financial, default, funding loss, and diagnostic-related risks (among others) requires the main criteria supporting the predictions to be known for assessing the related severity and fostering ad hoc measures to reduce them in the presence of shocks.

This Special Issue aims to share recent research, stimulate discussion, and disclose new research directions regarding the use of statistical techniques and AI systems to address the challenges which arise in forecasting and risk analysis. A particular focus will be devoted to papers (theoretical, empirical, and review) drawing attention to the application of models, computational techniques in estimation, simulation, and prediction in risk analysis contributing to decision making in various contexts (banks, firms, industries, transports, environmental and healthy institutions, higher education institutions, etc.).

Prof. Marialuisa Restaino
Prof. Marcella Niglio
Prof. Emanuela Raffinetti
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Mathematics is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2600 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

• risk analysis
• forecasting and accuracy
• statistical modeling
• model selection
• applied statistics
• machine learning
• artificial intelligence
• massive dataset
• high (and ultra-high)-dimensional dataset
• variable selection