Predict The Churn and Silent Customers: A Case Study of Individual Investors
In a typical brokerage firm, most customers are silent or churn investors. However, the prediction of silent investors did not gain enough attention. Based on the CRISP-DM data mining framework and decision tree algorithm, two models are proposed for churn and silent investors respectively. The tree models show that low return rate results in the silent investors, and the fund transfer pattern is of the most importance in both models. Retention strategies are provided based on the behavioral finance theory and the two models misclassification rate.
churn investor silent investor prediction decistion tree broker CRISP-DM
PAN YAN CHEN YUN XIN YI
School of Public Economics and Administration,Shanghai University of Finance and Economics Shanghai, Department of Information Management Shanghai Finance University Shanghai,China
国际会议
上海
英文
658-662
2009-11-20(万方平台首次上网日期,不代表论文的发表时间)