2021
DOI: 10.1108/ecam-02-2020-0128
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Application of stacking ensemble machine learning algorithm in predicting the cost of highway construction projects

Abstract: PurposeThe purpose of this study to apply stacking ensemble machine learning algorithm for predicting the cost of highway construction projects.Design/methodology/approachThe proposed stacking ensemble model was developed by combining three distinct base predictive models automatically and optimally: linear regression, support vector machine and artificial neural network models using gradient boosting algorithm as meta-regressor.FindingsThe findings reveal that the proposed model predicted the final project co… Show more

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Cited by 36 publications
(26 citation statements)
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“…Topic 12- “Forecasting and Predictive Analytics” represents various applications of soft computing-based modelling techniques to make predictions about the future using historical data. The extant literature report several techniques to predict crude oil futures prices (Jiao et al ., 2022; Xu and Niu, 2022), forecasting power load (Dai et al ., 2022), predicting the cost of highway construction projects (Meharie et al ., 2022), energy consumption (Cui et al ., 2022), tourism demand forecasting (Danbatta and Varol, 2022; Li et al ., 2022a, b, c) and stock price prediction (Thesia et al ., 2022).…”
Section: Resultsmentioning
confidence: 99%
“…Topic 12- “Forecasting and Predictive Analytics” represents various applications of soft computing-based modelling techniques to make predictions about the future using historical data. The extant literature report several techniques to predict crude oil futures prices (Jiao et al ., 2022; Xu and Niu, 2022), forecasting power load (Dai et al ., 2022), predicting the cost of highway construction projects (Meharie et al ., 2022), energy consumption (Cui et al ., 2022), tourism demand forecasting (Danbatta and Varol, 2022; Li et al ., 2022a, b, c) and stock price prediction (Thesia et al ., 2022).…”
Section: Resultsmentioning
confidence: 99%
“…The stacking ML method takes a typical ensemble model based on different learners in which the training data are fed into the first-layer ML model, and the output of the first layer is used as the input of the second layer. This process represents a further search for better approximation based on the first-layer output, which is important for mitigating the risk of overfitting and thus obtaining better prediction results than are realized when using a single ML model [59,60].…”
Section: Stacking ML Methodsmentioning
confidence: 99%
“…In the stacking integration strategy, the selection of the hyperparameters of the base learner effect the overall learning effect and prediction performance of the model, which is a research hotspot and a challenge for the base learner. In existing studies, the selection of hyperparameters for the base learner is usually achieved by utilizing cross-validation [49] and grid search methods [50,51]; however, when there are many parameters or a wide range of parameter values, these methods generate a large amount of computation and reduce the efficiency of the model training [52]. Swarm intelligence is an iterative search algorithm with the following advantages: flexibility, global search, self-organization, and capability for parallel processing.…”
Section: Selection Of Base Learners and Metalearnersmentioning
confidence: 99%