Department of Accounting and Financial Management, University of Connecticut, Farmington, Belgium
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A Price Forecasting Model for Aquatic Products
Author(s): Bill Lee*
Changes in the consumption price of aquatic products will affect demand and fishermen’s income. The accurate prediction of consumer price
index provides important information regarding the aquatic product market. Based on the non-linear and non-smooth characteristics of fishery
product price series, this paper innovatively proposes a fishery product price forecasting model that is based on Variational Modal Decomposition
and improved bald eagle search algorithm optimized Long Short Term Memory Network (VMD-IBES-LSTM). Empirical analysis was conducted
using fish price data from the Department of Marketing and Informatization of the Ministry of Agriculture. The proposed model in this study was
subsequently compared with common forecasting models such as VMD-LSTM and SSA-LSTM... Read More»
DOI:
10.37421/2168-9601.2023.12.411
Accounting & Marketing received 487 citations as per Google Scholar report