TY - BOOK AU - Kaufmann,Michael ED - SpringerLink (Online service) TI - Inductive Fuzzy Classification in Marketing Analytics T2 - Fuzzy Management Methods, SN - 9783319058610 AV - HF54.5-54.56 U1 - 650 23 PY - 2014/// CY - Cham PB - Springer International Publishing, Imprint: Springer KW - Economics KW - Computer Science KW - Data mining KW - Marketing KW - Management information systems KW - Economics/Management Science KW - Business Information Systems KW - Data Mining and Knowledge Discovery KW - Mathematical Logic and Formal Languages KW - Information Systems Applications (incl. Internet) KW - e-Commerce/e-business N1 - A Gradual Concept of Truth -- Fuzziness and Induction -- Analytics and Marketing -- Prototyping and Evaluation -- Precisiating Fuzziness by Induction N2 - To enhance marketing analytics, approximate and inductive reasoning can be applied to handle uncertainty in individual marketing models. This book demonstrates the use of fuzzy logic for classification and segmentation in marketing campaigns. Based on practical experience as a data analyst and on theoretical studies as a researcher, the author explains fuzzy classification, inductive logic, and the concept of likelihood, and introduces a blend of Bayesian and Fuzzy Set approaches, allowing reasonings on fuzzy sets that are derived by inductive logic. By application of this theory, the book guides the reader towards a gradual segmentation of customers which can enhance return on targeted marketing campaigns. The algorithms presented can be used for visualization, selection and prediction. The book shows how fuzzy logic can complement customer analytics by introducing fuzzy target groups. This book is for researchers, analytics professionals, data miners and students interested in fuzzy classification for marketing analytics UR - http://dx.doi.org/10.1007/978-3-319-05861-0 ER -