Machine Learning for Analyzing Effects of Various Factors on Business Economic

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Authors: Mojtaba Barati Bagherabad, Elaheh Rivandi, Mahsa Javid Mehr
Cited by: 20

Abstract

In recent decades, the use of machine learning techniques has found extensive applications across many aspects of human life, including medicine, agriculture, defense industries, transportation systems, and more. Machine learning is a powerful tool for analyzing and predicting the impacts of various factors on business economics. Techniques such as regression, decision trees, support vector machines, neural networks, clustering algorithms, and time series models can assist businesses in effectively simulating and forecasting the impacts of economic, social, political, and technological changes. These techniques enable businesses to make better decisions in areas such as risk analysis, demand forecasting, pricing management, policy impact simulation, and resource management, thereby implementing more successful strategies in a complex and rapidly changing economic landscape. This study focuses on the application of machine learning techniques for analyzing the various factors influencing business economics.

Fields of Study & Subjects

Impact of AI and Big Data on Business and Society

Publication details

Journal / source
Applied Decision Analytics
Publisher
Research Center for Business and Decision Analytics
Volume
2
Issue
1
Pages
41–54
Publication date
9 January 2026
Language
EN