Title: Cost-sensitive learning and decision making revisited
Authors: Viaene, Stijn ×
Dedene, Guido #
Issue Date: Oct-2005
Publisher: Elsevier science bv
Series Title: European journal of operational research vol:166 issue:1 pages:212-220
Abstract: In many real-life decision making situations the default assumption of equal misclassification costs underlying pattern recognition techniques is most likely violated. Then, cost-sensitive learning and decision making bring help for making cost-benefit-wise optimal decisions. This paper brings an up-to-date overview of several methods that aim to make a broad variety of error-based learners cost-sensitive. More specifically, we revisit direct minimum expected cost classification, MetaCost, over- and undersampling, and cost-sensitive boosting. (c) 2004 Elsevier B.V. All rights reserved.
ISSN: 0377-2217
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Research Center for Management Informatics (LIRIS), Leuven
× corresponding author
# (joint) last author

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