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The increasing awareness of data mining technology, along with the attendant increase in the capturing, warehousing, and utilization of historical data to support evidence-based decision making, is leading many organizations to recognize that the effective use of data is the key element in the...
Persistent link: https://www.econbiz.de/10009475089
In this paper, we develop a decision-theoretic frameworkfor evaluating data mining systems, which employ classification methods, in terms of their utility in decision-making. The decision-theoretic model provides an economic perspective on the value of â extracted knowledge,â in terms of its...
Persistent link: https://www.econbiz.de/10009431139
essential tool to stimulate growth and enable firms to master the competition brought about by the forces of globalization. In … countries.At the same time, innovations in today’s “globalized” world are hardly feasible in isolation. World-wide economic … specific needs of targeted markets. All these developments are leading to the “globalization of innovation”. Based on recent …
Persistent link: https://www.econbiz.de/10009457680
Smart city represents an emerging topic because efficient city management is beneficial for both government and private sector businesses. IoT envisions to connect billions of sensors to the Internet and expects to use them for efficient and effective resource management in Smart Cities. An...
Persistent link: https://www.econbiz.de/10011770507
as the amount of large digital data in the modern world grows at an unprecedented rate. Author of the article focuses on …
Persistent link: https://www.econbiz.de/10012158666
Artículo de revista ; Los avances en las nuevas tecnologías suponen una oportunidad de acceso y uso de los servicios financieros para millones de personas que permanecen excluidas financieramente a escala mundial. En este artículo se señalan las principales ventajas que la innovación...
Persistent link: https://www.econbiz.de/10012523813
Artículo de revista ; Advances in new technologies give millions of people who experience financial exclusion globally the opportunity to access and use financial services. This article describes the main benefits of financial innovation, particularly in emerging economies. It also identifies...
Persistent link: https://www.econbiz.de/10012524473
Artículo de revista ; Las nuevas tecnologías están permitiendo la aparición de fuentes de datos de muy alta frecuencia, de mayor granularidad que las tradicionales y de acceso generalizado, en muchos casos, por parte de los distintos agentes económicos. Estos desarrollos abren nuevas vías...
Persistent link: https://www.econbiz.de/10012531766
En este trabajo se presenta un Índice de Comercio Minorista (ICM) de alta dimensionalidad construido para España, estimado a partir del uso de datos masivos. La información utilizada se corresponde con la que surge de las transacciones con tarjetas de crédito y de débito de los clientes de...
Persistent link: https://www.econbiz.de/10012532223
Artículo de revista ; On the backof new technologies, new data sources are emerging. These are of very high frequency, with greater granularity than traditional sources, and can be accessed across the board, in many cases, by the different economic agents. Such developments open up new avenues...
Persistent link: https://www.econbiz.de/10012532425