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DM: Workshop on Data Mining in Economics Marketing and FinanceFrom: George Paliouras Date: Thu, 25 Mar 1999 16:45:19 -0500 (EST) ===================================================================== *** CALL FOR PAPERS *** Workshop on Data Mining in Economics, Marketing and Finance MACHINE LEARNING AND APPLICATIONS Advanced Course on Artificial Intelligence 1999 (ACAI'99) 5-16 July 1999, Chania, Greece (http://www.iit.demokritos.gr/skel/eetn/acai99) European Coordinating Committee on Artificial Intelligence (ECCAI) (http://www.eccai.org) Hellenic Artificial Intelligence Society (EETN) (http://www.iit.demokritos.gr/skel/eetn) === Workshop Background === In recent years there has been a huge increase in Economic, Marketing and Finance databases with examples including Government surveys, supermarket sales information and minute by minute stock prices. The common denominator for these examples is that the amount of data is overwhelming for the typical user and specialized tools are needed to aid in an analysis. Data Mining is the process of analyzing databases to discover and extract knowledge in a more automated way than with classical techniques. The process is "data driven" in the sense that less emphasis is put on prior hypotheses than is the case with classical statistics. By approaching an analysis as a search for knowledge, rather than to test a hypothesis, previously unknown relationships in the data can be discovered. Examples of the questions that Data Mining can help answer include: Based on personal and demographic attributes together with purchasing history, which consumers are most likely to respond to a particular product or advertising campaign ? Given data on whether a customer has purchased product A, B, and C, who is likely to purchase product D ? Using stock market data, what are the past patterns that proceed price turning points ? Which population subgroups will react negatively to specific macroeconomic policy changes ? Using supermarket databases, what are the characteristics of "bargain seekers" ? Experience over the past years has proved the usefulness of Data Mining as an important new way of gaining knowledge. As it is still a relatively new research area, it is important to continue to bring theorists and practitioners together to exchange ideas and results. === Workshop Objectives === The workshop has two main aims: to present the current trends in Data Mining as a research area and to link this with the experience gained by practitioners. Topics could include: New techniques/algorithms Success/failure case stories Comparisons between different tools New ideas for future research Data Mining has its roots in practical problem solving. So although technical topics are encouraged, the main focus will be on Data Mining as a tool for applied research. Active discussions are welcome and in particular the views of users. === Organizing Committee === Prof. Hans Amman, University of Amsterdam, The Netherlands Dr. Chris Birchenhall, University of Manchester, UK Dr. Hans Jessen, Millward Brown, UK Dr. Costas Koutroumbas, National Telecom. Organisation, Greece Prof. Gholamreza Nakhaeizadeh, DaimlerChrysler, Germany Dr. George Paliouras, NCSR Demokritos, Greece === Submission === Interested authors are requested to submit a paper, of no more than 10 pages, before *** 1 March 1999 *** Authors of accepted papers will be asked to provide a camera-ready version of their paper before 1 April 1999. The Workshop Proceedings will be published as a technical report in collaboration with the ACAI-99 organization committee. *** Papers submitted to the workshop will also be considered for publication in a special issue of the international journal of Computational Economics. *** Submissions should be sent by email to: Dr. Hans Jessen Millward Brown Olympus Avenue, Tachbrook Park, Warwick CV34 6RJ, UK Tel: +44 1926 826100, Fax: +44 1926 833600 Email: hans.jessen@uk.millwardbrown.com === Organisational Issues === The workshop will take place during an afternoon session of ACAI-99, from 14:30 to 18:00. The exact date of the workshop will be announced by the ACAI-99 organizing committee. Anyone registered for the main ACAI-99 event can also attend all the workshops. For the workshop participants who will not be registered for the whole ACAI-99 there will be a fee of 100 Euro. === Important Dates === 1 March, 1999 Deadline for paper submission 15 March, 1999 Notification of acceptance 1 April, 1999 Deadline for final camera ready papers 5-16 July, 1999 ACAI-99
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