arXivDaily arXiv每日学术速递 周一至周五更新
arXiv 1908.08328cs.IRcs.AIcs.LG

Measuring the Business Value of Recommender Systems

University of Klagenfurt(克拉根福大学);TU Dortmund(多特蒙德工业大学)

Dietmar Jannach, Michael Jugovac

英文摘要:

Recommender Systems are nowadays successfully used by all major web sites (from e-commerce to social media) to filter content and make suggestions in a personalized way. Academic research largely focuses on the value of recommenders for consumers, e.g., in terms of reduced information overload. To what extent and in which ways recommender systems create business value is, however, much less clear, and the literature on the topic is scattered. In this research commentary, we review existing publications on field tests of recommender systems and report which business-related performance measures were used in such real-world deployments. We summarize common challenges of measuring the business value in practice and critically discuss the value of algorithmic improvements and offline experiments as commonly done in academic environments. Overall, our review indicates that various open questions remain both regarding the realistic quantification of the business effects of recommenders and the performance assessment of recommendation algorithms in academia.

机构、总结、中文摘要均由AI分析而来,可能存在错误,请以论文正文为准。

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