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Leveraging missing ratings to improve online recommendation systems

Wedel, Michel - ; Ying, Yuanping - ; Feinberg, Fred - ;

"Product recommendation systems" have emerged as backbones of some of the Internet economy's largest and most venerable firms. A key feature of recommendation system data is the exceptionally large proportion of missing values; few customers rate more than a handful of items. For the EachMovie data, which has been widely used in prior studies, the authors find that missing data are strongly nonignorable. Recommendation quality can be improved substantially through a joint model for both "selection" and "ratings" that is, whether an item is rated and how it is rated. Furthermore, the authors find that such relationships can vary with customer demographics. Empirical results demonstrate that four modeling constructs - a nonignorable missing data mechanism, an individual-level account of the ordinal nature of ratings data, a reasonably sophisticated heterogeneity specification, and correlation between the underlying selection and ratings generation processes - can jointly substantially improve the accuracy of making product recommendations.Printed Journal


Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana1
Penerbit: American Marketing Association
Edisi-
SubjekElectronic commerce
Models
Product quality
Correlation analysis
studies
Online advertising
ISBN/ISSN222437
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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