Big Data-Driven Macroeconomic Forecasting Model and Psychological Decision Behavior Analysis for Industry 4.0

With the advent of Industry 4.0, economic development has become a rapid information age. The content of macroeconomic forecast is very extensive, and the existence of big data technology can provide the government with multilevel, diversified, and complete information and comprehensively process, i...

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Autor principal: Jie Liu
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Lenguaje:EN
Publicado: Hindawi-Wiley 2021
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Acceso en línea:https://doaj.org/article/ef1619523ff646afb3e1fa73bc06be53
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spelling oai:doaj.org-article:ef1619523ff646afb3e1fa73bc06be532021-11-22T01:10:13ZBig Data-Driven Macroeconomic Forecasting Model and Psychological Decision Behavior Analysis for Industry 4.01099-052610.1155/2021/3662204https://doaj.org/article/ef1619523ff646afb3e1fa73bc06be532021-01-01T00:00:00Zhttp://dx.doi.org/10.1155/2021/3662204https://doaj.org/toc/1099-0526With the advent of Industry 4.0, economic development has become a rapid information age. The content of macroeconomic forecast is very extensive, and the existence of big data technology can provide the government with multilevel, diversified, and complete information and comprehensively process, integrate, summarize, and classify these pieces of information. This paper forecasts the CPI value in the next 12 months according to the CPI in China in the recent 20 years. Compared with the traditional forecasting methods, the forecasting results have higher accuracy and timeliness. At the same time, the trend of growth rate of industrial value-added is analyzed, and the experiments on MAE and RMSE show that the method proposed in this paper has obvious advantages. It also analyzes the disadvantages of traditional psychological decision-making behavior analysis, introduces the development status and advantages of big data-driven psychological decision-making behavior analysis, and opens up new research ideas for psychological decision-making analysis.Jie LiuHindawi-WileyarticleElectronic computers. Computer scienceQA75.5-76.95ENComplexity, Vol 2021 (2021)
institution DOAJ
collection DOAJ
language EN
topic Electronic computers. Computer science
QA75.5-76.95
spellingShingle Electronic computers. Computer science
QA75.5-76.95
Jie Liu
Big Data-Driven Macroeconomic Forecasting Model and Psychological Decision Behavior Analysis for Industry 4.0
description With the advent of Industry 4.0, economic development has become a rapid information age. The content of macroeconomic forecast is very extensive, and the existence of big data technology can provide the government with multilevel, diversified, and complete information and comprehensively process, integrate, summarize, and classify these pieces of information. This paper forecasts the CPI value in the next 12 months according to the CPI in China in the recent 20 years. Compared with the traditional forecasting methods, the forecasting results have higher accuracy and timeliness. At the same time, the trend of growth rate of industrial value-added is analyzed, and the experiments on MAE and RMSE show that the method proposed in this paper has obvious advantages. It also analyzes the disadvantages of traditional psychological decision-making behavior analysis, introduces the development status and advantages of big data-driven psychological decision-making behavior analysis, and opens up new research ideas for psychological decision-making analysis.
format article
author Jie Liu
author_facet Jie Liu
author_sort Jie Liu
title Big Data-Driven Macroeconomic Forecasting Model and Psychological Decision Behavior Analysis for Industry 4.0
title_short Big Data-Driven Macroeconomic Forecasting Model and Psychological Decision Behavior Analysis for Industry 4.0
title_full Big Data-Driven Macroeconomic Forecasting Model and Psychological Decision Behavior Analysis for Industry 4.0
title_fullStr Big Data-Driven Macroeconomic Forecasting Model and Psychological Decision Behavior Analysis for Industry 4.0
title_full_unstemmed Big Data-Driven Macroeconomic Forecasting Model and Psychological Decision Behavior Analysis for Industry 4.0
title_sort big data-driven macroeconomic forecasting model and psychological decision behavior analysis for industry 4.0
publisher Hindawi-Wiley
publishDate 2021
url https://doaj.org/article/ef1619523ff646afb3e1fa73bc06be53
work_keys_str_mv AT jieliu bigdatadrivenmacroeconomicforecastingmodelandpsychologicaldecisionbehavioranalysisforindustry40
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