2012 ASimpleMethodologyforSoftCostSe

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Abstract

Many real-world data mining applications need varying cost for different types of classification errors and thus call for cost-sensitive classification algorithms. Existing algorithms for cost-sensitive classification are successful in terms of minimizing the cost, but can result in a high error rate as the trade-off. The high error rate holds back the practical use of those algorithms. In this paper, we propose a novel cost-sensitive classification methodology that takes both the cost and the error rate into account. The methodology, called soft cost-sensitive classification, is established from a multicriteria optimization problem of the cost and the error rate, and can be viewed as regularizing cost-sensitive classification with the error rate. The simple methodology allows immediate improvements of existing cost-sensitive classification algorithms. Experiments on the benchmark and the real-world data sets show that our proposed methodology indeed achieves lower test error rates and similar (sometimes lower) test costs than existing cost-sensitive classification algorithms.

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 AuthorvolumeDate ValuetitletypejournaltitleUrldoinoteyear
2012 ASimpleMethodologyforSoftCostSeHsuan-Tien Lin
Te-Kang Jan
Da-Wei Wang
Chi-Hung Lin
A Simple Methodology for Soft Cost-sensitive Classification10.1145/2339530.23395552012