1.

Record Nr.

UNINA9910349321003321

Autore

Michel René

Titolo

Targeting Uplift : An Introduction to Net Scores / / by René Michel, Igor Schnakenburg, Tobias von Martens

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2019

ISBN

3-030-22625-5

Edizione

[1st ed. 2019.]

Descrizione fisica

1 online resource (XXXII, 352 p. 144 illus., 119 illus. in color.)

Disciplina

330.015195

006.312

Soggetti

Statistics

Business information services

Data mining

Marketing

Statistics in Business, Management, Economics, Finance, Insurance

Business Information Systems

Data Mining and Knowledge Discovery

Statistical Theory and Methods

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

List of Symbols -- List of Figures -- List of Tables -- Introduction -- The Traditional Approach: Gross Scoring -- Basic Net Scoring Methods: The Uplift Approach -- Validation of Net Models: Measuring Stability and Discriminatory Power -- Supplementary Methods for Variable Transformation and Selection -- A Simulation Framework for the Validation of Research Hypotheses on Net Scoring -- Software Implementations -- Data Prerequisites -- Practical Issues and Business Cases -- Summary and Outlook -- Appendix -- Other Literature on Net Scoring -- Index.-.

Sommario/riassunto

This book explores all relevant aspects of net scoring, also known as uplift modeling: a data mining approach used to analyze and predict the effects of a given treatment on a desired target variable for an individual observation. After discussing modern net score modeling methods, data preparation, and the assessment of uplift models, the



book investigates software implementations and real-world scenarios. Focusing on the application of theoretical results and on practical issues of uplift modeling, it also includes a dedicated chapter on software solutions in SAS, R, Spectrum Miner, and KNIME, which compares the respective tools. This book also presents the applications of net scoring in various contexts, e.g. medical treatment, with a special emphasis on direct marketing and corresponding business cases. The target audience primarily includes data scientists, especially researchers and practitioners in predictive modeling and scoring, mainly, but not exclusively, in the marketingcontext. .