Abstract
Direct mail is a typical example for response modeling to be used. In order to decide which people will receive the mailing, the potential customers are divided into two groups or classes (buyers and non-buyers) and a response model is created. Since the improvement of response modeling is the purpose of this paper, we suggest a combined approach of rule-induction and case-based reasoning. The initial classification of buyers and non-buyers is done by means of the C5-algorithm. To improve the ranking of the classified cases, we introduce in this research rule-predicted typicality. The combination of these two approaches is tested on synergy by elaborating a direct mail example.
Cite
CITATION STYLE
Coenen, F., Swinnen, G., Vanhoof, K., & Wets, G. (1999). The improvement of response modeling: Combining rule-induction and case-based reasoning. In Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics) (Vol. 1704, pp. 301–308). Springer Verlag. https://doi.org/10.1007/978-3-540-48247-5_34
Register to see more suggestions
Mendeley helps you to discover research relevant for your work.