Using Data Mining Techniques in Economic Crisis

Codreanu Diana Elena (), Popa Ionela () and Denisa Elena Parpandel
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Codreanu Diana Elena: „Constantin Brancoveanu” University of Pitesti
Popa Ionela: „Constantin Brancoveanu” University of Pitesti

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 2, 233-236

Abstract: Current economic context marked by economic crisis, has the effect of reducing costs and greater control over costs. It is a problem faced by all managers and a solution to anti-crisis measures such as using data mining techniques. Data mining or "knowledge discovery in large databases" is a set of techniques used to discover valuable information from large volumes of data unknown .Data mining techniques are used in many fields, one which lends itself particularly well to the economy. Uncertainty facing the economy makes use of data mining techniques are more important now as it assumes that there are many advantages, brings both knowledge and management level in their area of activity.

Keywords: data mining; economic crisis; information; knowledge extraction (search for similar items in EconPapers)
JEL-codes: G01 M15 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xi:y:2011:i:9:p:233-236

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