Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/313164 
Year of Publication: 
2023
Citation: 
[Journal:] AStA Wirtschafts- und Sozialstatistisches Archiv [ISSN:] 1863-8163 [Volume:] 17 [Issue:] 3 [Publisher:] Springer [Place:] Berlin, Heidelberg [Year:] 2023 [Pages:] 305-330
Publisher: 
Springer, Berlin, Heidelberg
Abstract: 
In this paper we discuss the use and potential advantages and disadvantages of machine learning driven models in rental guides. Rental guides are a formal legal instrument in Germany for surveying rents of flats in cities and municipalities, which are today based on regression models or simple contingency tables. We discuss if and how modern and timely methods of machine learning outperform existing and established routines. We make use of data from the Munich rental guide and mainly focus on the predictive power of these models. We discuss the "black-box" character making some of these models difficult to interpret and hence challenging for applications in the rental guide context. Still, it is of interest to see how "black-box" models perform with respect to prediction error. Moreover, we study adversarial effects, i.e. we investigate robustness in the sense how corrupted data influence the performance of the prediction models. With the data at hand we show that models with promising predictive performance suffer from being more vulnerable to corruptions than classic linear models including Ridge or Lasso regularization.
Subjects: 
Machine learning
Statistical learning
Regression
Adversarial regression
Mietspiegel
Rental guide
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version

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