DOI: 10.1515/jqas-2024-0064 ISSN: 2194-6388
A family of solutions related to Shin’s model for probability forecasts
Melis Kizildemir, Ertugrul Akin, Altug AlkanAbstract
This work develops a family of solutions related to Shin’s model in producing accurate probability forecasts. More precisely, closed-form solutions are derived based on an analytical approach to known solutions and evaluated experimentally for sports betting data sets.