A cost-sensitive decision tree approach for fraud detection
Expert Systems with Applications: An International Journal
Solving credit card fraud detection problem by the new metaheuristics migrating birds optimization
IWANN'13 Proceedings of the 12th international conference on Artificial Neural Networks: advences in computational intelligence - Volume Part II
| Hi-index | 0.00 |
Cost-sensitive learning is popular during the process of classification. A fundamental issue in decision tree inductive learning is the attribute selection measure at each non-terminal node of the tree. However, existing literatures have not taken the trade-off between cost and benefit into account well. In this paper, we present a new strategy for attributes selection, which is a trade-off method between classification ability and cost-sensitive learning including misclassification costs and test costs with different units, for selecting splitting attributes in cost-sensitive decision trees induction. The experimental results show our method outperform the existed methods in terms of the decrease of misclassification cost.