DocumentCode :
3306891
Title :
Research on consumer´s consumption behavior based on ant system
Author :
Chong Wang ; Yanqing Wang
Author_Institution :
Bus. Sch., Huaihai Inst. of Technol., Lianyungang, China
Volume :
2
fYear :
2011
fDate :
26-28 July 2011
Firstpage :
1162
Lastpage :
1166
Abstract :
With the market competition being increasingly intensive, it is necessary for company to carry out one-to-one marketing to consumers. Therefore, the ability to predict consumer´s consumption behavior basing on data mining has become a key source of competitive advantage for company. In this paper, we propose a novel algorithm, which bases on ant colony optimization (ACO) to cluster consumer´s consumption data sets with different favor for predicting consumer´s behavior. The algorithm is applied to grouping consumer data into classes or clusters for revealing consumer´s consumption behavior. The novel algorithm adopts simulated annealing concept for ants to decreasingly visit cities to get local optimal solutions. Finally, the algorithm is validated by the example of clustering consumer´s credit card data. The result indicates the algorithm is successful in clustering data for analyzing consumer´s behavior. The research presented in this paper makes contribution to predicting consumer´s consumption behavior.
Keywords :
consumer behaviour; credit transactions; data mining; pattern clustering; simulated annealing; ant colony optimization; ant system; consumer consumption behavior; consumer consumption data set clustering; consumer credit card data clustering; data mining; grouping consumer data; one-to-one marketing; simulated annealing concept; Business; Cities and towns; Clustering algorithms; Credit cards; Data mining; Partitioning algorithms; Prediction algorithms; ant system; clustering; consumer; consumption behavior; data mining;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Fuzzy Systems and Knowledge Discovery (FSKD), 2011 Eighth International Conference on
Conference_Location :
Shanghai
Print_ISBN :
978-1-61284-180-9
Type :
conf
DOI :
10.1109/FSKD.2011.6019660
Filename :
6019660
Link To Document :
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