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The problems of digitalisation and transition of companies into the digital markets has become one of the crucial issues in contemporary business. Digital transformation is changing markets and interactions. These trends impose a question on how secure is this environment and how companies are...
Persistent link: https://www.econbiz.de/10012141529
We estimate the distribution of marginal propensities to consume (MPCs) using a new approach based on the fuzzy C-means algorithm (Dunn 1973; Bezdek 1981). The algorithm generalizes the K-means methodology of Bonhomme and Manresa (2015) to allow for uncertain group assignment and to recover...
Persistent link: https://www.econbiz.de/10012144745
The goal of the paper is to present the framework for combining clustering and classification for churn management in telecommunications. Considering the value of market segmentation, we propose a three-stage approach to explain and predict the churn in telecommunications separately for...
Persistent link: https://www.econbiz.de/10013201227
Understanding of energy consumption patterns is extremely important for optimization of resources and application of green trends. Traditionally, analyses were performed for large environments like regions and nations. However, with the advent of Smart Grids, the study of the behavior of smaller...
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We estimate the distribution of marginal propensities to consume (MPCs) using a new approach based on the fuzzy C-means algorithm (Dunn 1973; Bezdek 1981). The algorithm generalizes the K-means methodology of Bonhomme and Manresa (2015) to allow for uncertain group assignment and to recover...
Persistent link: https://www.econbiz.de/10012123509