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Prediction of Bank Telemarketing with Co-training of Mixture-of-Experts and MLP

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Neural Information Processing (ICONIP 2016)

Part of the book series: Lecture Notes in Computer Science ((LNTCS,volume 9950))

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Abstract

Utilization of financial data becomes one of the important issues for user adaptive marketing on the bank service. The marketing is conducted based on personal information with various facts that affect a success (clients agree to accept financial instrument). Personal information can be collected continuously anytime if clients want to agree to use own information in case of opening an account in bank, but labeling all the data needs to pay a high cost. In this paper, focusing on this characteristics of financial data, we present a global-local co-training (GLCT) algorithm to utilize labeled and unlabeled data to construct better prediction model. We performed experiments using real-world data from Portuguese bank. Experiments show that GLCT performs well regardless of the ratio of initial labeled data. Through the series of iterating experiments, we obtained better results on various aspects.

This research was supported by the MSIP (Ministry of Science, ICT and Future Planning), Korea, under the ITRC (Information Technology Research Center) support program (IITP-2016-R0992-15-1011) supervised by the IITP (Institute for Information & communications Technology Promotion).

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Correspondence to Sung-Bae Cho .

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Yu, JM., Cho, SB. (2016). Prediction of Bank Telemarketing with Co-training of Mixture-of-Experts and MLP. In: Hirose, A., Ozawa, S., Doya, K., Ikeda, K., Lee, M., Liu, D. (eds) Neural Information Processing. ICONIP 2016. Lecture Notes in Computer Science(), vol 9950. Springer, Cham. https://doi.org/10.1007/978-3-319-46681-1_7

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  • DOI: https://doi.org/10.1007/978-3-319-46681-1_7

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-46680-4

  • Online ISBN: 978-3-319-46681-1

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