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A Microeconomic View of Data Mining
Authors:Jon Kleinberg  Christos Papadimitriou  Prabhakar Raghavan
Affiliation:(1) Department of Computer Science, Cornell University, Ithaca, NY, 14853;(2) Computer Science Division, Soda Hall, UC Berkeley, CA, 94720;(3) IBM Almaden Research Center, 650 Harry Road, San Jose, CA, 95120
Abstract:We present a rigorous framework, based on optimization, for evaluating data mining operations such as associations and clustering, in terms of their utility in decision-making. This framework leads quickly to some interesting computational problems related to sensitivity analysis, segmentation and the theory of games.
Keywords:market segmentation  optimization  clustering
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