Post Mining of Multiple Criteria Linear Programming Classification Model for Actionable Knowledge in Credit Card Churning Management

2011 ◽  
Author(s):  
Yibing Chen ◽  
Lingling Zhang ◽  
Yong Shi
Keyword(s):  
Linear Programming ◽  
Credit Card ◽  
Multiple Criteria ◽  
Classification Model ◽  
Actionable Knowledge

Introduction to Data Mining Techniques via Multiple Criteria Optimization Approaches and Applications

2008 ◽  
pp. 26-49 ◽  
Author(s):  
Yong Shi ◽  
Yi Peng ◽  
Gang Kou ◽  
Zhengxin Chen
Keyword(s):  
Data Mining ◽  
Linear Programming ◽  
Credit Card ◽  
Programming Model ◽  
Real Life ◽  
Multiple Criteria ◽  
Linear Programming Model ◽  
Multiple Criteria Optimization ◽  
Research Challenges ◽  
Challenges And Opportunities

This chapter provides an overview of a series of multiple criteria optimization-based data mining methods, which utilize multiple criteria programming (MCP) to solve data mining problems, and outlines some research challenges and opportunities for the data mining community. To achieve these goals, this chapter first introduces the basic notions and mathematical formulations for multiple criteria optimization-based classification models, including the multiple criteria linear programming model, multiple criteria quadratic programming model, and multiple criteria fuzzy linear programming model. Then it presents the real-life applications of these models in credit card scoring management, HIV-1 associated dementia (HAD) neuronal dam-age and dropout, and network intrusion detection. Finally, the chapter discusses research challenges and opportunities.

Decision Rule Extraction for Regularized Multiple Criteria Linear Programming Model

2011 ◽  
Vol 7 (3) ◽  
pp. 88-101 ◽  
Author(s):  
DongHong Sun ◽  
Li Liu ◽  
Peng Zhang ◽  
Xingquan Zhu ◽  
Yong Shi
Keyword(s):  
Linear Programming ◽  
Portfolio Management ◽  
Real World ◽  
Credit Card ◽  
Extraction Method ◽  
Large Scale ◽  
Programming Model ◽  
Rule Extraction ◽  
Multiple Criteria ◽  
Data Sets

Due to the flexibility of multi-criteria optimization, Regularized Multiple Criteria Linear Programming (RMCLP) has received attention in decision support systems. Numerous theoretical and empirical studies have demonstrated that RMCLP is effective and efficient in classifying large scale data sets. However, a possible limitation of RMCLP is poor interpretability and low comprehensibility for end users and experts. This deficiency has limited RMCLP’s use in many real-world applications where both accuracy and transparency of decision making are required, such as in Customer Relationship Management (CRM) and Credit Card Portfolio Management. In this paper, the authors present a clustering based rule extraction method to extract explainable and understandable rules from the RMCLP model. Experiments on both synthetic and real world data sets demonstrate that this rule extraction method can effectively extract explicit decision rules from RMCLP with only a small compromise in performance.

DATA MINING VIA MULTIPLE CRITERIA LINEAR PROGRAMMING: APPLICATIONS IN CREDIT CARD PORTFOLIO MANAGEMENT

2002 ◽  
Vol 01 (01) ◽  
pp. 131-151 ◽  
Author(s):  
YONG SHI ◽  
YI PENG ◽  
WEIXUAN XU ◽  
XIAOWO TANG
Keyword(s):  
Data Mining ◽  
Linear Programming ◽  
Portfolio Management ◽  
Credit Card ◽  
Real Life ◽  
Multiple Criteria ◽  
Business Decisions ◽  
Business World ◽  
Linear Discriminant ◽  
Technology Tool

Data mining becomes a cutting-edge information technology tool in today's competitive business world. It helps the company discover previously unknown, valid, and actionable information from various and large databases for crucial business decisions. This paper provides a promising approach of data mining to classify the credit cardholders' behavior through multiple criteria linear programming. After reviewing the history of linear discriminant analyses, we will describe first a model for classifying two-group (e.g. bad or good) credit cardholder behaviors, and then a three-group (e.g. bad, normal, or good) credit model. Besides the discussion of the modeling structure, we will utilize the well-known commercial software package SAS to implement this technology by using a real-life credit card data warehouse. A number of potential business and financial applications will be finally summarized.

Introduction to Data Mining Techniques via Multiple Criteria Optimization Approaches and Applications

2007 ◽  
pp. 242-275 ◽  
Author(s):  
Yong Shi ◽  
Yi Peng ◽  
Gang Kou ◽  
Zhengxin Chen
Keyword(s):  
Data Mining ◽  
Linear Programming ◽  
Credit Card ◽  
Programming Model ◽  
Real Life ◽  
Multiple Criteria ◽  
Linear Programming Model ◽  
Multiple Criteria Optimization ◽  
Research Challenges ◽  
Challenges And Opportunities

This chapter provides an overview of a series of multiple criteria optimization-based data mining methods, which utilize multiple criteria programming (MCP) to solve data mining problems, and outlines some research challenges and opportunities for the data mining community. To achieve these goals, this chapter first introduces the basic notions and mathematical formulations for multiple criteria optimization-based classification models, including the multiple criteria linear programming model, multiple criteria quadratic programming model, and multiple criteria fuzzy linear programming model. Then it presents the real-life applications of these models in credit card scoring management, HIV-1 associated dementia (HAD) neuronal dam-age and dropout, and network intrusion detection. Finally, the chapter discusses research challenges and opportunities.

Decision Rule Extraction for Regularized Multiple Criteria Linear Programming Model

2013 ◽  
pp. 245-258
Author(s):  
DongHong Sun ◽  
Li Liu ◽  
Peng Zhang ◽  
Xingquan Zhu ◽  
Yong Shi
Keyword(s):  
Linear Programming ◽  
Portfolio Management ◽  
Real World ◽  
Credit Card ◽  
Extraction Method ◽  
Large Scale ◽  
Rule Extraction ◽  
Multiple Criteria ◽  
Customer Relationship ◽  
Data Sets

Due to the flexibility of multi-criteria optimization, Regularized Multiple Criteria Linear Programming (RMCLP) has received attention in decision support systems. Numerous theoretical and empirical studies have demonstrated that RMCLP is effective and efficient in classifying large scale data sets. However, a possible limitation of RMCLP is poor interpretability and low comprehensibility for end users and experts. This deficiency has limited RMCLP’s use in many real-world applications where both accuracy and transparency of decision making are required, such as in Customer Relationship Management (CRM) and Credit Card Portfolio Management. In this paper, the authors present a clustering based rule extraction method to extract explainable and understandable rules from the RMCLP model. Experiments on both synthetic and real world data sets demonstrate that this rule extraction method can effectively extract explicit decision rules from RMCLP with only a small compromise in performance.

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