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Prior Knowledge in Economic Applications of Data Mining
[chapter]
2000
Lecture Notes in Computer Science
A common form of prior knowledge in economic modelling concerns the monotonicity of relations between the dependent and explanatory variables. Monotonicity may also be an important requirement with a view toward explaining and justifying decisions based on such models. We explore the use of monotonicity constraints in classification tree algorithms. We present an application of monotonic classification trees to a problem in house pricing. In this preliminary study we found that the monotonic
doi:10.1007/3-540-45372-5_42
fatcat:f2t3antuibe5nhbjov7enqqgfi