Environmental investment prediction using extended belief rule-based system and evidential reasoning rule

Long Hao Yang, Suhui Wang, Fei Fei Ye, Jun Liu, Ying Ming Wang, Haibo Hu

Research output: Journal article publicationJournal articleAcademic researchpeer-review

3 Citations (Scopus)

Abstract

A scientific environmental investment prediction plays a crucial role in controlling environmental pollution and avoiding the blind investment of environmental management. However effective environmental investment prediction usually has to fact three challenges about diversiform indicators, insufficient data, and the reliability of prediction models. In the present study, a new prediction model is proposed using the extended belief rule-based system (EBRBS) and evidential reasoning (ER) rule, called ensemble EBRBS model, with the aim to overcome the above challenges for better environmental investment prediction. The proposed ensemble EBRBS model consists of two components: 1) multiple EBRBSs, which are constructed on the basis of not only using various feature selection methods to select representative indicators but also data increment transformation to enrich the training data; 2) an ER rule-based combination method, which utilizes the ER rule to accommodate the weights and reliabilities of different EBRBSs with the predicted outputs of these EBRBSs to have an integrated environmental investment prediction. A detailed case study is then provided for validating the proposed model via extensive experimental and comparison analysis based on the real-world environmental data about 25 environmental indicators for 31 provinces in China ranged from 2005 to 2018. The results demonstrate that the ensemble EBRBS model can be used as an effective model to accurately predict environmental investments. More importantly, the ensemble EBRBS model not only obtains a high accuracy better than some existing prediction models, but also has an excellent robustness compared with others under the situations of excessive indicators and insufficient data.

Original languageEnglish
Article number125661
JournalJournal of Cleaner Production
Volume289
DOIs
Publication statusPublished - 20 Mar 2021

Keywords

  • Ensemble model
  • Evidential reasoning rule
  • Extended belief rule-based system
  • Investment prediction

ASJC Scopus subject areas

  • Renewable Energy, Sustainability and the Environment
  • Environmental Science(all)
  • Strategy and Management
  • Industrial and Manufacturing Engineering

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