Decision Tree Based Crowd Funding for Kickstarter Projects

Authors

  • Veena Grover Noida Institute of Engineering and Technology
  • A. Anbarasi SRM Institute of Science and Technology image/svg+xml
  • Siddesh Fuladi Vellore Institute of Technology University image/svg+xml
  • M. K. Nallakaruppan Vellore Institute of Technology University image/svg+xml

DOI:

https://doi.org/10.4108/eetsis.4639

Keywords:

Kickstarter, Decision Tree, Crowdfunding

Abstract

The proposed work employs the C4.5 decision tree algorithm on a kick-starter project dataset to help a user decide whether to back a kick-starter project that is ongoing by predicting how likely it is that it may be a successful one. We pre-processed the kick-starter dataset with about 35 columns, and used WEKA to run the algorithm on the dataset. We reached an accuracy of 99.7% and we also talk about why the algorithm chose 5 particular attributes over the others. A lot of other papers have discussed this problem from a project creator’s standpoint, predicting whether a project is going to be a success before it has begun. There are fewer papers which look into predicting the success of the ongoing projects that helps users choose potentially successful projects to back, and we have also achieved a higher accuracy rate.

References

Patil, S., Mehta, J., Salunkhe, H., & Shah, H. (2021). Kickstarter Project Success Prediction and Classification Using Multi-layer Perceptron. https://doi.org/10.1007/978-981-33-4087-9_60

Kuppuswamy, V., & Bayus, B. (2015). Crowdfunding Creative Ideas: The Dynamics of Project Backers in Kickstarter. SSRN. Retrieved from https://ssrn.com/abstract=2234765

Hornuf, L., & Cumming, D. (Eds.). (2017). The Economics of Crowdfunding: Startups, Portals, and Investor Behavior. Forthcoming. SSRN. Retrieved from https://ssrn.com/abstract=2234765 or http://dx.doi.org/10.2139/ssrn.2234765

Agyeah, G., Mark, B., Adesiyan, J., & Kolomoytseva, A. (2019). Modeling the Success of Kickstarter Projects.

Kaggle. (2019). Kickstarter Dataset. Retrieved from https://www.kaggle.com/tayoaki/kickstarter-dataset

Kickstarter. (2019). Retrieved from https://www.kickstarter.com

Kaggle. (2019). Retrieved from https://www.kaggle.com/datasets

Quinlan, J. C. (1993). C4.5: Programs for Machine Learning. Morgan Kaufmann.

Wikipedia. (2019). Statistical Classification. Retrieved from https://en.wikipedia.org/wiki/Statistical_classification

Hssina, B., Merbouha, A., Ezzikouri, H., & Erritali, M. (2014). A Comparative Study of Decision Tree ID3 and C4.5. International Journal of Advanced Computer Science and Applications, 4(2).

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Published

19-12-2023

How to Cite

1.
Grover V, Anbarasi A, Fuladi S, Nallakaruppan MK. Decision Tree Based Crowd Funding for Kickstarter Projects. EAI Endorsed Scal Inf Syst [Internet]. 2023 Dec. 19 [cited 2024 May 19];11(2). Available from: https://publications.eai.eu/index.php/sis/article/view/4639