Profit estimation error analysis in recommender systems based on association rules

Gurdal Ertek, Xu Chi, Gabriel Yee, Ong Boon Yong, Byung Geun Choi

Research output: Chapter in Book/Report/Conference proceedingConference contribution

2 Citations (Scopus)

Abstract

It is a challenge to estimate expected benefits from recommender systems based on association rule mining. This paper aims to address this challenge and presents a study of buying preferences of a sample of retail customers. It reveals a monotonic, non-linear relationship between the expected profits (as a function of information loss) and minimum support threshold levels, when considering transactions for a recommender system based on association rules. This finding is significant for recommender systems that utilize potential profits as a decision-making criterion.

Original languageEnglish
Title of host publicationProceedings - 2015 IEEE International Conference on Big Data, Big Data 2015
EditorsHoward Ho, Beng Chin Ooi, Mohammed J. Zaki, Xiaohua Hu, Laura Haas, Vipin Kumar, Sudarsan Rachuri, Shipeng Yu, Morris Hui-I Hsiao, Jian Li, Feng Luo, Saumyadipta Pyne, Kemafor Ogan
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages2138-2142
Number of pages5
ISBN (Electronic)9781479999255
DOIs
Publication statusPublished - Dec 22 2015
Externally publishedYes
Event3rd IEEE International Conference on Big Data, Big Data 2015 - Santa Clara, United States
Duration: Oct 29 2015Nov 1 2015

Publication series

NameProceedings - 2015 IEEE International Conference on Big Data, IEEE Big Data 2015

Conference

Conference3rd IEEE International Conference on Big Data, Big Data 2015
Country/TerritoryUnited States
CitySanta Clara
Period10/29/1511/1/15

Keywords

  • association mining
  • association rules
  • profit estimation
  • recommender systems
  • retail industry

ASJC Scopus subject areas

  • Computer Networks and Communications
  • Computer Science Applications
  • Information Systems
  • Software

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