title: Types of cost in inductive concept learning creator: Turney, Peter subject: Artificial Intelligence subject: Machine Learning subject: Statistical Models description: Inductive concept learning is the task of learning to assign cases to a discrete set of classes. In real-world applications of concept learning, there are many different types of cost involved. The majority of the machine learning literature ignores all types of cost (unless accuracy is interpreted as a type of cost measure). A few papers have investigated the cost of misclassification errors. Very few papers have examined the many other types of cost. In this paper, we attempt to create a taxonomy of the different types of cost that are involved in inductive concept learning. This taxonomy may help to organize the literature on cost-sensitive learning. We hope that it will inspire researchers to investigate all types of cost in inductive concept learning in more depth. date: 2000 type: Conference Paper type: NonPeerReviewed format: application/postscript identifier: http://cogprints.org/1804/1/cost-sensitive.ps format: application/pdf identifier: http://cogprints.org/1804/5/cost-sensitive.pdf identifier: Turney, Peter (2000) Types of cost in inductive concept learning. [Conference Paper] (Unpublished) relation: http://cogprints.org/1804/