mlsanityData to 14 Oct 2026

Explainable artificial intelligence model for identifying Market Value in Professional Soccer Players

arXiv 2311.04599 ↗First posted 8 Nov 2023cs.LG cs.CY q-fin.CPcited by 0

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Abstract (arXiv)

This study introduces an advanced machine learning method for predicting soccer players' market values, combining ensemble models and the Shapley Additive Explanations (SHAP) for interpretability. Utilizing data from about 12,000 players from Sofifa, the Boruta algorithm streamlined feature selection. The Gradient Boosting Decision Tree (GBDT) model excelled in predictive accuracy, with an R-squared of 0.901 and a Root Mean Squared Error (RMSE) of 3,221,632.175. Player attributes in skills, fitness, and cognitive areas significantly influenced market value. These insights aid sports industry stakeholders in player valuation. However, the study has limitations, like underestimating superstar players' values and needing larger datasets. Future research directions include enhancing the model's applicability and exploring value prediction in various contexts.

Key facts. No citing papers in the map yet (data through 14 Oct 2026). Builds on 4 of its 29 references that are in the map. First posted on arXiv 8 Nov 2023.

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References · 4

  1. 2016XGBoost: A Scalable Tree Boosting Systemcited by 5,166
  2. 2018CatBoost: gradient boosting with categorical features supportcited by 208
  3. 2018Model Evaluation, Model Selection, and Algorithm Selection in Machine Learningcited by 157
  4. 2022Unifying local and global model explanations by functional decomposition of low dimensional structurescited by 18

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