DocumentCode :
2371085
Title :
Postprocessing decision trees to extract actionable knowledge
Author :
Yang, Qiang ; Yin, Jie ; Ling, Charles X. ; Chen, Tielin
Author_Institution :
Dept. of Comput. Sci., Hong Kong Univ. of Sci. & Technol., Kowloon, China
fYear :
2003
fDate :
19-22 Nov. 2003
Firstpage :
685
Lastpage :
688
Abstract :
Most data mining algorithms and tools stop at discovered customer models, producing distribution information on customer profiles. Such techniques, when applied to industrial problems such as customer relationship management (CRM), are useful in pointing out customers who are likely attritors and customers who are loyal, but they require human experts to postprocess the mined information manually. Most of the postprocessing techniques have been limited to producing visualization results and interestingness ranking, but they do not directly suggest actions that would lead to an increase the objective function such as profit. Here, we present a novel algorithm that suggest actions to change customers from an undesired status (such as attritors) to a desired one (such as loyal) while maximizing objective function: the expected net profit. We develop these algorithms under resource constraints that are abound in reality. The contribution of the work is in taking the output from an existing mature technique (decision trees, for example), and producing novel, actionable knowledge through automatic postprocessing.
Keywords :
customer relationship management; data mining; decision trees; optimisation; actionable knowledge extraction; customer model; customer profile; customer relationship management; data mining algorithm; decision trees postprocessing; human expert; profit-based objective function; Computer science; Customer profiles; Customer relationship management; Data mining; Decision trees; Heuristic algorithms; Humans; Industrial relations; Mining industry; Visualization;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Data Mining, 2003. ICDM 2003. Third IEEE International Conference on
Print_ISBN :
0-7695-1978-4
Type :
conf
DOI :
10.1109/ICDM.2003.1251008
Filename :
1251008
Link To Document :
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