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Introduction

René Michel, Igor Schnakenburg and Tobias von Martens
Additional contact information
René Michel: Deutsche Bank AG
Igor Schnakenburg: DeTeCon International GmbH
Tobias von Martens: Deutsche Bank AG

Chapter Chapter 1 in Targeting Uplift, 2019, pp 1-6 from Springer

Abstract: Abstract This chapter introduces uplift modeling at a generic level. The problem statement proposes various use cases where treatments are applied in order to change the behavior of observations, such as customers, patients, or machines. If the impact of treatments is ignored while predicting the behavior, (financial) resources may not be allocated effectively. The chapter continues to mention major contributions to uplift modeling that indicate that the topic is considered as relevant by researchers and practitioners. Finally, the structure of the book is clarified.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-22625-1_1

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DOI: 10.1007/978-3-030-22625-1_1

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