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Developing an SVM-based ensemble learning system for customer risk identification collaborating with customer relationship management

  • Lean Yu
  • , Shouyang Wang
  • , Kin Keung Lai

    Research output: Journal Publications and ReviewsRGC 22 - Publication in policy or professional journal

    Abstract

    In this study, we propose a support vector machine (SVM)-based ensemble learning system for customer relationship management (CRM) to help enterprise managers effectively manage customer risks from the risk aversion perspective. This system differs from the classical CRM for retaining and targeting profitable customers; the main focus of the proposed SVM-based ensemble learning system is to identify high-risk customers in CRM for avoiding possible loss. To build an effective SVM-based ensemble learning system, the effects of ensemble members' diversity, ensemble member selection and different ensemble strategies on the performance of the proposed SVM-based ensemble learning system are each investigated in a practical CRM case. Through experimental analysis, we find that the Bayesian-based SVM ensemble learning system with diverse components and choose from space selection strategy show the best performance over various testing samples. © 2010 Higher Education Press and Springer-Verlag Berlin Heidelberg.
    Original languageEnglish
    Pages (from-to)196-203
    JournalFrontiers of Computer Science in China
    Volume4
    Issue number2
    DOIs
    Publication statusPublished - 2010

    Research Keywords

    • Customer relationship management (CRM)
    • Diversity strategy
    • Ensemble learning
    • Ensemble strategy
    • Selection strategy
    • Support vector machines (SVM)

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