Semi-Supervised Response Modeling
Hyoung-joo Lee,
Hyunjung Shin,
Seong-seob Hwang,
Sungzoon Cho and
Douglas MacLachlan
Journal of Interactive Marketing, 2010, vol. 24, issue 1, 42-54
Abstract:
Response modeling is concerned with identifying potential customers who are likely to purchase a promoted product, based on customers' demographic and behavioral data. Constructing a response model requires a preliminary campaign result database. Customers who responded to the campaign are labeled as respondents while those who did not are labeled as non-respondents. Those customers who were not chosen for the preliminary campaign do not have labels, and thus are called unlabeled. Then, using only those labeled customer data, a classification model is built in the supervised learning framework to predict all existing customers. However, often in response modeling, only a small part of customers are labeled, and thus available for model building, while a large number of unlabeled data may give valuable information. As a method to exploit the unlabeled data, we introduce semi-supervised learning to the interactive marketing community. A case study on the CoIL Challenge 2000 and the Direct Marketing Educational Foundation data sets shows that the transductive support vector machine, one of widely used semi-supervised models, can identify more respondents than conventional supervised models, especially when a small number of data are labeled. Semi-supervised learning is a viable alternative and merits further investigation.
Keywords: Scoring model; Response modeling; Classification; Semi-supervised learning (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:joinma:v:24:y:2010:i:1:p:42-54
DOI: 10.1016/j.intmar.2009.10.004
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