Why does Ridge Regression work better than LASSO in the presence of multicollinearity?

Asked Apr 11 '20 at 16:19

Active Apr 11 '20 at 16:26

Viewed 69 times

I am learning the Ridge Regression. And I found that Ridge Regression is better than LASSO to analyze multicollinear? I wonder the reason?

edited Apr 11 '20 at 16:26

Richard Hardy

asked Apr 11 '20 at 16:19

Claudia_ECON

Perhaps Section 3.4.3 (p. 69) of Hastie et al. "Elements of Statistical Learning" (2nd ed., 2009) could be helpful. – Richard Hardy Apr 11 '20 at 16:32
2

i believe it's impossible that no one has never asked this question before – carlo Apr 11 '20 at 16:35
Funny that it is the opposite that has been asked before. Being better or not is subjective. Whichever is better depends on the situation/perspective. – Sextus Empiricus Apr 11 '20 at 19:06

0 Answers0