2010
DOI: 10.1111/j.1467-8640.2010.00358.x
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On Multi‐class Cost‐sensitive Learning

Abstract: A popular approach to cost-sensitive learning is to rescale the classes according to their misclassification costs. Although this approach is effective in dealing with binary-class problems, recent studies show that it is often not so helpful when being applied to multiclass problems directly. This paper analyzes that why the traditional rescaling approach is often helpless on multi-class problems, which reveals that before applying rescaling, the consistency of the costs must be examined. Based on the analysi… Show more

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Cited by 269 publications
(157 citation statements)
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“…This requires a good insight into the modified learning algorithm and a precise identification of reasons for its failure in mining skewed distributions. The most popular branch is cost-sensitive approaches [67]. Here, given learner is modified to incorporate varying penalty for each of considered groups of examples.…”
Section: Tackling Imbalanced Datamentioning
confidence: 99%
“…This requires a good insight into the modified learning algorithm and a precise identification of reasons for its failure in mining skewed distributions. The most popular branch is cost-sensitive approaches [67]. Here, given learner is modified to incorporate varying penalty for each of considered groups of examples.…”
Section: Tackling Imbalanced Datamentioning
confidence: 99%
“…2) Design of specific algorithms (solutions at the algorithmic level) [5], [10], [31] : In this case, a traditional classifier is adapted to deal directly with the imbalance between the classes, for example, modifying the cost per class [26] or adjusting the probability estimation in the leaves of a decision tree to favor the positive class [46]. 3) Cost-sensitive solutions [14], [42], [50], [51] : These kind of methods incorporate solutions at data level, at algorithmic level, or at both levels together, that try to minimize higher cost errors. Let C (+, −) denote the cost of misclassifying a positive (minority class) instance as a negative (majority class) instance and C (−, +) the cost of the inverse case.…”
Section: A Two-class Imbalanced Classification: Models and Evaluationmentioning
confidence: 99%
“…The class-imbalance problem can thus be considered a cost-sensitive problem where the costs are unequal and unknown [12]. Most cost-sensitive learning methods are actually based on rescaling [20], and therefore it is natural that by assigning the appropriate misclassification cost for each class, cost-sensitive approaches can be used to deal with the class-imbalance problems.…”
Section: Related Workmentioning
confidence: 99%
“…Rescaling [8] is a general method for cost-sensitive and class-imbalance problems which changes the distribution of the original data [20]. As there are many methods that can change the distribution, rescaling can be realized in numerous ways (e.g., by sampling, instance-weighting, threshold moving, etc.).…”
Section: Related Workmentioning
confidence: 99%