Learning When to Treat Business Processes: Prescriptive Process Monitoring with Causal Inference and Reinforcement Learning

03/07/2023
by   Zahra Dasht Bozorgi, et al.
0

Increasing the success rate of a process, i.e. the percentage of cases that end in a positive outcome, is a recurrent process improvement goal. At runtime, there are often certain actions (a.k.a. treatments) that workers may execute to lift the probability that a case ends in a positive outcome. For example, in a loan origination process, a possible treatment is to issue multiple loan offers to increase the probability that the customer takes a loan. Each treatment has a cost. Thus, when defining policies for prescribing treatments to cases, managers need to consider the net gain of the treatments. Also, the effect of a treatment varies over time: treating a case earlier may be more effective than later in a case. This paper presents a prescriptive monitoring method that automates this decision-making task. The method combines causal inference and reinforcement learning to learn treatment policies that maximize the net gain. The method leverages a conformal prediction technique to speed up the convergence of the reinforcement learning mechanism by separating cases that are likely to end up in a positive or negative outcome, from uncertain cases. An evaluation on two real-life datasets shows that the proposed method outperforms a state-of-the-art baseline.

READ FULL TEXT

page 1

page 2

page 3

page 4

research
09/07/2021

Prescriptive Process Monitoring Under Resource Constraints: A Causal Inference Approach

Prescriptive process monitoring is a family of techniques to optimize th...
research
01/05/2021

To do or not to do: cost-sensitive causal decision-making

Causal classification models are adopted across a variety of operational...
research
12/07/2022

Intervening With Confidence: Conformal Prescriptive Monitoring of Business Processes

Prescriptive process monitoring methods seek to improve the performance ...
research
05/28/2021

Stochastic Intervention for Causal Inference via Reinforcement Learning

Causal inference methods are widely applied in various decision-making d...
research
09/03/2020

Process Mining Meets Causal Machine Learning: Discovering Causal Rules from Event Logs

This paper proposes an approach to analyze an event log of a business pr...
research
06/07/2023

Timing Process Interventions with Causal Inference and Reinforcement Learning

The shift from the understanding and prediction of processes to their op...
research
02/05/2020

A Reinforcement Learning Framework for Time-Dependent Causal Effects Evaluation in A/B Testing

A/B testing, or online experiment is a standard business strategy to com...

Please sign up or login with your details

Forgot password? Click here to reset