K.W. van Arem
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4 records found
1
In this study, the Expected Threat model \added{is analyzed} from a theoretical perspective and simulations are performed based on the Markov chain of the model to examine its behavior in practice. Our theoretical results establish an upper bound on the error of the Expected Threat model for different flexibilities. Based on the simulations, a more accurate characterization of the model’s error is provided, improving over the theoretical bound. Finally, these insights are converted into a practical rule of thumb to help practitioners choose the right balance between the model flexibility and the desired accuracy of the Expected Threat model. ...
In this study, the Expected Threat model \added{is analyzed} from a theoretical perspective and simulations are performed based on the Markov chain of the model to examine its behavior in practice. Our theoretical results establish an upper bound on the error of the Expected Threat model for different flexibilities. Based on the simulations, a more accurate characterization of the model’s error is provided, improving over the theoretical bound. Finally, these insights are converted into a practical rule of thumb to help practitioners choose the right balance between the model flexibility and the desired accuracy of the Expected Threat model.
Featured Application: This paper studies what models are most suitable for forecasting future values of player performance metrics in association football (soccer). The resulting forecast statistics find applications in team management and player scouting at football clubs. As transfer decisions concern whether a player should play for a club in the future, the predictions of future performance metrics offer a forward-looking improvement over the traditional backward-looking assessments. Transfers in professional football (soccer) are risky investments because of the large transfer fees and high risks involved. Although data-driven models can be used to improve transfer decisions, existing models focus on describing players’ historical progress, leaving their future performance unknown. Moreover, recent developments have called for the use of explainable models combined with methods for uncertainty quantification of predictions to improve applicability for practitioners. This paper assesses explainable machine learning models in a practitioner-oriented way for the prediction of the future development in quality and transfer value of professional football players. To this end, the methods for uncertainty quantification are studied through the literature. The predictive accuracy is studied by training the models to predict the quality and value of players one year ahead, equivalent to one season. This is carried out by training them on two data sets containing data-driven indicators describing the player quality and player value in historical settings. In this paper, the random forest model is found to be the most suitable model because it provides accurate predictions as well as an uncertainty quantification method that naturally arises from the bagging procedure of the random forest model. Additionally, this research shows that the development of player performance contains nonlinear patterns and interactions between variables, and that time series information can provide useful information for the modeling of player performance metrics. The resulting models can help football clubs make more informed, data-driven transfer decisions by forecasting player quality and transfer value.