Bundling, the practice of jointly selling two or more products at a discount, is a widely used strategy in industry and a well examined concept in academia. Historically, the focus has been on theoretical studies in the context of monopolistic firms and assumed product relationships, e.g., complementarity in usage. We develop a new machine-learning-driven methodology for designing bundles in a large-scale, cross-category retail setting. We leverage historical purchases and consideration sets created from clickstream data to generate dense continuous representations of products called embeddings. We then put minimal structure on these embeddings and develop heuristics for complementarity and substitutability among products. Subsequently, we use the heuristics to create multiple bundles for each product and test their performance using a field experiment with a large retailer. We combine the results from the experiment with product embeddings using a hierarchical model that maps bundle features to their purchase likelihood, as measured by the add-to-cart rate. We find that our embeddings-based heuristics are strong predictors of bundle success, robust across product categories, and generalize well to the retailer's entire assortment.
Fast, Scalable, Warm-Start Semidefinite Programming with Spectral Bundling and Sketching
Manning College of Information and Computer Sciences, University of Massachusetts Amherst(马萨诸塞大学阿默斯特分校信息与计算机科学学院);University of Massachusetts Amherst(马萨诸塞大学阿默斯特分校)
ETH Zürich(苏黎世联邦理工学院);Università di Bologna(博洛尼亚大学)
Brain-inspired hyperdimensional (HD) computing models neural activity patterns of the very size of the brain's circuits with points of a hyperdimensional space, that is, with hypervectors. Hypervectors are $D$-dimensional (pseudo)random vectors with independent and identically distributed (i.i.d.) components constituting ultra-wide holographic words: $D = 10,000$ bits, for instance. At its very core, HD computing manipulates a set of seed hypervectors to build composite hypervectors representing objects of interest. It demands memory optimizations with simple operations for an e cient hardware…
Dynamic Bundling with Large Language Models for Zero-Shot Inference on Text-Attributed Graphs
Peking University(北京大学);Nanyang Technological University(南洋理工大学);University of Washington(华盛顿大学);University of California, Los Angeles(加州大学洛杉矶分校);University of Illinois Chicago(伊利诺伊大学芝加哥分校)
Given an irregular dense tensor, how can we efficiently analyze it? An irregular tensor is a collection of matrices whose columns have the same size and rows have different sizes from each other. PARAFAC2 decomposition is a fundamental tool to deal with an irregular tensor in applications including phenotype discovery and trend analysis. Although several PARAFAC2 decomposition methods exist, their efficiency is limited for irregular dense tensors due to the expensive computations involved with the tensor. In this paper, we propose DPar2, a fast and scalable PARAFAC2 decomposition method for ir…
The Chinese University of Hong Kong(香港中文大学);University of Texas at Arlington(德克萨斯大学阿灵顿分校);City University of Hong Kong(香港城市大学)
We focus on developing a novel scalable graph-based semi-supervised learning (SSL) method for a small number of labeled data and a large amount of unlabeled data. Due to the lack of labeled data and the availability of large-scale unlabeled data, existing SSL methods usually encounter either suboptimal performance because of an improper graph or the high computational complexity of the large-scale optimization problem. In this paper, we propose to address both challenging problems by constructing a proper graph for graph-based SSL methods. Different from existing approaches, we simultaneously …
We introduce a kernel approximation strategy that enables computation of the Gaussian process log marginal likelihood and all hyperparameter derivatives in $\mathcal{O}(p)$ time. Our GRIEF kernel consists of $p$ eigenfunctions found using a Nystrom approximation from a dense Cartesian product grid of inducing points. By exploiting algebraic properties of Kronecker and Khatri-Rao tensor products, computational complexity of the training procedure can be practically independent of the number of inducing points. This allows us to use arbitrarily many inducing points to achieve a globally accurate…
Distributed scheduling algorithms for throughput or utility maximization in dense wireless multi-hop networks can have overwhelmingly high overhead, causing increased congestion, energy consumption, radio footprint, and security vulnerability. For wireless networks with dense connectivity, we propose a distributed scheme for link sparsification with graph convolutional networks (GCNs), which can reduce the scheduling overhead while keeping most of the network capacity. In a nutshell, a trainable GCN module generates node embeddings as topology-aware and reusable parameters for a local decision…
We address the problem of personalizing query completion in a digital commerce setting, in which the bounce rate is typically high and recurring users are rare. We focus on in-session personalization and improve a standard noisy channel model by injecting dense vectors computed from product images at query time. We argue that image-based personalization displays several advantages over alternative proposals (from data availability to business scalability), and provide quantitative evidence and qualitative support on the effectiveness of the proposed methods. Finally, we show how a shared vecto…
Multilinear Mixture of Experts: Scalable Expert Specialization through Factorization
Queen Mary University of London(伦敦玛丽女王大学);University of Wisconsin-Madison(威斯康星大学麦迪逊分校);City University of London(伦敦城市大学);National and Kapodistrian University of Athens(雅典国立卡波迪斯特里亚大学);Archimedes AI, Athena RC(阿基米德人工智能公司,雅典娜研究中心);The Cyprus Institute(塞浦路斯研究所);Imperial College London(帝国理工学院)