FFTrees : A toolbox to create, visualize, and evaluate fast-and-frugal decision trees

dc.contributor.authorPhillips, Nathaniel D.
dc.contributor.authorNeth, Hansjörg
dc.contributor.authorWoike, Jan K.
dc.contributor.authorGaissmaier, Wolfgang
dc.date.accessioned2017-08-10T11:54:22Z
dc.date.available2017-08-10T11:54:22Z
dc.date.issued2017eng
dc.description.abstractFast-and-frugal trees (FFTs) are simple algorithms that facilitate efficient and accurate decisions based on limited information. But despite their successful use in many applied domains, there is no widely available toolbox that allows anyone to easily create, visualize, and evaluate FFTs. We fill this gap by introducing the R package FFTrees. In this paper, we explain how FFTs work, introduce a new class of algorithms called fan for constructing FFTs, and provide a tutorial for using the FFTrees package. We then conduct a simulation across ten real-world datasets to test how well FFTs created by FFTrees can predict data. Simulation results show that FFTs created by FFTrees can predict data as well as popular classification algorithms such as regression and random forests, while remaining simple enough for anyone to understand and use.eng
dc.description.versionpublishedde
dc.identifier.ppn492328528
dc.identifier.urihttps://kops.uni-konstanz.de/handle/123456789/39832
dc.language.isoengeng
dc.rightsAttribution 3.0 Unported
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/
dc.subjectdecision trees, heuristics, predictioneng
dc.subject.ddc150eng
dc.titleFFTrees : A toolbox to create, visualize, and evaluate fast-and-frugal decision treeseng
dc.typeJOURNAL_ARTICLEde
dspace.entity.typePublication
kops.citation.bibtex
@article{Phillips2017FFTre-39832,
  year={2017},
  title={FFTrees : A toolbox to create, visualize, and evaluate fast-and-frugal decision trees},
  url={http://journal.sjdm.org/17/17217/jdm17217.pdf},
  number={4},
  volume={12},
  journal={Judgment and Decision Making},
  pages={344--368},
  author={Phillips, Nathaniel D. and Neth, Hansjörg and Woike, Jan K. and Gaissmaier, Wolfgang}
}
kops.citation.iso690PHILLIPS, Nathaniel D., Hansjörg NETH, Jan K. WOIKE, Wolfgang GAISSMAIER, 2017. FFTrees : A toolbox to create, visualize, and evaluate fast-and-frugal decision trees. In: Judgment and Decision Making. 2017, 12(4), pp. 344-368. eISSN 1930-2975deu
kops.citation.iso690PHILLIPS, Nathaniel D., Hansjörg NETH, Jan K. WOIKE, Wolfgang GAISSMAIER, 2017. FFTrees : A toolbox to create, visualize, and evaluate fast-and-frugal decision trees. In: Judgment and Decision Making. 2017, 12(4), pp. 344-368. eISSN 1930-2975eng
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