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Title: A theoretic framework integrating text mining and energy demand forecasting
Author (s): Yu, Vincent (Wen-Bin)
Lea, Bih-Ru
Guruswamy, Balasubramania
Department/Lab Affiliations: Business & Information Technology
Information Science & Technology
Keywords: Forecasting
Sentiment analysis
Text mining
Issue Date: 2007
Publisher: Electronic Business Management Society
Citation: Yu, Vincent(Wen-Bin)., Lea, Bih-Ru., and Guruswamy, Balasubramania. "A Theoretic Framework Integrating Text Mining and Energy Demand Forecasting." International Journal of Electronic Business Management, vol.5, no.3, (2007).
Abstract: News articles are an important source providing information about society. The analysis of news articles helps to measure the social importance of many events and to give an understanding about current interests. In this research, a theoretical framework of text mining enhanced approach is proposed to accommodate short-term variations caused by special events, such as severe weather conditions. A sentiment analysis approach for extracting sentiments associated with positive or negative polarities from a series of news reports is utilized to illustrate impact on energy demand from a special event. The magnitudes of the sentiments from the series of news articles are used to compose a time-series pattern to represent the event that translated into the causes of short-term demand or price variation. The proposed approach for sentiment analysis is demonstrated with experimental results. In particular, the development of an event pattern using text mining is illustrated. The implications of the proposed framework and the future research direction are discussed.
Type: Article - Journal
text
In Title: International Journal of Electronic Business Management
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titleA theoretic framework integrating text mining and energy demand forecasting
contributor.authorYu, Vincent (Wen-Bin)
contributor.authorLea, Bih-Ru
contributor.authorGuruswamy, Balasubramania
contributor.deptlabBusiness & Information Technology
contributor.deptlabInformation Science & Technology
subjectForecasting
subjectSentiment analysis
subjectText mining
date.issued2007
publisherElectronic Business Management Society
identifier.citationYu, Vincent(Wen-Bin)., Lea, Bih-Ru., and Guruswamy, Balasubramania. "A Theoretic Framework Integrating Text Mining and Energy Demand Forecasting." International Journal of Electronic Business Management, vol.5, no.3, (2007).
identifier.pub.URI
http://140.114.55.180/index.php/IJEBM/issue/view/25
description.abstractNews articles are an important source providing information about society. The analysis of news articles helps to measure the social importance of many events and to give an understanding about current interests. In this research, a theoretical framework of text mining enhanced approach is proposed to accommodate short-term variations caused by special events, such as severe weather conditions. A sentiment analysis approach for extracting sentiments associated with positive or negative polarities from a series of news reports is utilized to illustrate impact on energy demand from a special event. The magnitudes of the sentiments from the series of news articles are used to compose a time-series pattern to represent the event that translated into the causes of short-term demand or price variation. The proposed approach for sentiment analysis is demonstrated with experimental results. In particular, the development of an event pattern using text mining is illustrated. The implications of the proposed framework and the future research direction are discussed.
typeArticle - Journal
type.DCMITypetext
type.statusFinal version
rightsThis material is presented to ensure timely dissemination of scholarly and technical work. Copyright and all rights therein are retained by authors or by other copyright holders. All persons copying this information are expected to adhere to the terms and constraints invoked by each author's copyright. In most cases, these works may not be reposted without the explicit permission of the copyright holder.
rights.URI
http://140.114.55.180/index.php/IJEBM/about/editorialPolicies#archiving
relation.isPartOfInternational Journal of Electronic Business Management
date.accessioned2007-04-11T17:00:48Z
date.available2008-03-28T15:43:00Z
identifier.persist.URI
http://scholarsmine.mst.edu/post_prints/ATheoreticFrameworkIntegratingTextMiningandEn_09007dcc804c8b73.html