• DocumentCode
    3306891
  • Title

    Research on consumer´s consumption behavior based on ant system

  • Author

    Chong Wang ; Yanqing Wang

  • Author_Institution
    Bus. Sch., Huaihai Inst. of Technol., Lianyungang, China
  • Volume
    2
  • fYear
    2011
  • fDate
    26-28 July 2011
  • Firstpage
    1162
  • Lastpage
    1166
  • Abstract
    With the market competition being increasingly intensive, it is necessary for company to carry out one-to-one marketing to consumers. Therefore, the ability to predict consumer´s consumption behavior basing on data mining has become a key source of competitive advantage for company. In this paper, we propose a novel algorithm, which bases on ant colony optimization (ACO) to cluster consumer´s consumption data sets with different favor for predicting consumer´s behavior. The algorithm is applied to grouping consumer data into classes or clusters for revealing consumer´s consumption behavior. The novel algorithm adopts simulated annealing concept for ants to decreasingly visit cities to get local optimal solutions. Finally, the algorithm is validated by the example of clustering consumer´s credit card data. The result indicates the algorithm is successful in clustering data for analyzing consumer´s behavior. The research presented in this paper makes contribution to predicting consumer´s consumption behavior.
  • Keywords
    consumer behaviour; credit transactions; data mining; pattern clustering; simulated annealing; ant colony optimization; ant system; consumer consumption behavior; consumer consumption data set clustering; consumer credit card data clustering; data mining; grouping consumer data; one-to-one marketing; simulated annealing concept; Business; Cities and towns; Clustering algorithms; Credit cards; Data mining; Partitioning algorithms; Prediction algorithms; ant system; clustering; consumer; consumption behavior; data mining;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Fuzzy Systems and Knowledge Discovery (FSKD), 2011 Eighth International Conference on
  • Conference_Location
    Shanghai
  • Print_ISBN
    978-1-61284-180-9
  • Type

    conf

  • DOI
    10.1109/FSKD.2011.6019660
  • Filename
    6019660