The document summarizes a study on rating algorithms. It discusses 3 algorithms - FairJudge, an iterative ranking algorithm with reputation redistribution, and the Elo rating algorithm. It then proposes merging the FairJudge and Elo algorithms by using FairJudge to identify fair/unfair users, comparing product reliabilities with Elo, and sorting the results. The study initializes values, outlines the integration model and steps, and provides initial output showing average ratings and the first prototype of the merged FairJudge/Elo algorithm coded in Python.
Direct to consumer is a major growth platform for any brand and retailer today. With the rise in e-commerce, companies are offering innovative solutions to help shoppers enjoy a less costly, more convenient, and most of all more satisfying shopping experience.
Direct to consumer is a major growth platform for any brand and retailer today. With the rise in e-commerce, companies are offering innovative solutions to help shoppers enjoy a less costly, more convenient, and most of all more satisfying shopping experience.
This research paper describes the invention and accessibility of internet connectivity and powerful online tools has resulted a new commerce era that is e-commerce, which has completely revolutionized the conventional concept of business.
E-commerce deals with selling and purchasing of goods and services through internet and computer networks.
E‐commerce can enhance economic growth, increase business opportunities, competitiveness, better and profitable access to markets.
E‐Commerce is emerging as a new way of helping business enterprises to compete in the market and thus contributing to economic success.
In this research paper we will discuss about advanced SWOT analysis of E‐commerce which will comprise of strengths, weaknesses, opportunities and threats faced by e‐commerce in current scenario
Omnichannel is at the heart of today's Retail Transformation. However, most retail CIOs still struggle to redesign their technology frameworks to serve today's multichannel connected customer and support a growing number of new ways to shop. Lack of an omnichannel strategy, rigid legacy systems not allowing to leverage the benefits of cloud and mobile technologies, non-single view of customers across channels or lack of inventory visibility across enterprise to support distributed order management capacity are only some of the key challenges retail CIOs are facing.
This webinar will be conducted by Ismael Ciordia, Chief Technology Officer at Openbravo, Salil Godika, Chief Strategy & Marketing Officer and Industry Group Head at Happiest Minds and introduced by Xavier Places, Product Marketing Director at Openbravo.
What Will You Learn?
- Key considerations when designing and rolling out new architecture that delivers omnichannel services.
- Which technologies to evaluate, including PIM, OMS, Cloud, m-POS or Big Data.
- How some leading customers in the Specialty Retail subsector are progressing on their omnichannel path with the help of Openbravo.
- A summary of the main conclusions of the Happiest Minds' report "The State of Omnichannel Retail in the US 2015" .
AI and robotics are facilitating the automation of a growing number of “doing” tasks. Today’s AI-enabled, information-rich tools are increasingly able to handle jobs that in the past have been exclusively done by people, for example, tax returns, language translations, accounting, even some types of surgery. It has been reported that about 60 percent of all occupations have at least 30 percent of activities that are technically automatable, based on currently demonstrated technologies. This means that most occupations will change, and more people will have to work with technology.
This presentation will give you in depth information about the #Flipkart . Flipkart is an ECommerce giant in #India. Total sales per day has crossed figures of about $100 Million. This presentation will help you in understanding the basics of Flipkart and its working along with its founders. Do answer the #trivia at the end.
E-commerce is the software that allows you to build your online store. It provides all tools to maintain buy and sell a product online. It enables an online store to maintain different Payment modes; Customer support, SEO, Good product navigation, Site management system, Order management system, Shipping, Product review and rating system, Marketing and promotion and more features are waiting for popular virtual stores.
There are some popular, robust, flexible and easily manageable open sources listed below. These are open source so we can use it with our convenience.
Our team works on it and customizes it to make it manageable. Let give as an opportunity to make your online shop and help you to generate more ROI.
HI GUYS , i am a PPT enthusiast who likes creating PPTs on various topics around the world.I will provide u guys with PPTs on various topics that will help u in schools ,colleges and even in professional organizations.
IF U WANT A PPT AT A CHEAP PRICE DM ON LINKEDIN
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This PPT will help you in understanding the Architecture for B2B models in Ecommerce or Online Market Space.
Includes:
- Ecommerce in B2B
- Architecture
- Technologies
- EDI
- Internet
- Intranet
- Extranet
- Back-End Information System Integration
- Architecture Models:
- Buyer
- Seller
- Intermediary
Thank You.
Here everything is cleared out but unfortunately we couldn't accomplish our main objective i.e. to make a new algorithm from existing ones but our approach has reached much far that one can understand and contribute to this project
Recommender Systems Fairness Evaluation via Generalized Cross EntropyVito Walter Anelli
Fairness in recommender systems has been considered with respect to sensitive attributes of users (e.g., gender, race) or items (e.g., revenue in a multistakeholder setting). Regardless, the concept has been commonly interpreted as some form of equality – i.e., the degree to which the system is meeting the information needs of all its users in an equal sense. In this paper, we argue that fairness in recommender systems does not necessarily imply equality, but instead it should consider a distribution of resources based on merits and needs. We present a probabilistic framework based on generalized cross entropy to evaluate fairness of recommender systems under this perspective, where we show that the proposed framework is flexible and explanatory by allowing to incorporate domain knowledge (through an ideal fair distribution) that can help to understand which item or user aspects a recommendation algorithm is over- or under-representing. Results on two real-world datasets show the merits of the proposed evaluation framework both in terms of user and item fairness.
This research paper describes the invention and accessibility of internet connectivity and powerful online tools has resulted a new commerce era that is e-commerce, which has completely revolutionized the conventional concept of business.
E-commerce deals with selling and purchasing of goods and services through internet and computer networks.
E‐commerce can enhance economic growth, increase business opportunities, competitiveness, better and profitable access to markets.
E‐Commerce is emerging as a new way of helping business enterprises to compete in the market and thus contributing to economic success.
In this research paper we will discuss about advanced SWOT analysis of E‐commerce which will comprise of strengths, weaknesses, opportunities and threats faced by e‐commerce in current scenario
Omnichannel is at the heart of today's Retail Transformation. However, most retail CIOs still struggle to redesign their technology frameworks to serve today's multichannel connected customer and support a growing number of new ways to shop. Lack of an omnichannel strategy, rigid legacy systems not allowing to leverage the benefits of cloud and mobile technologies, non-single view of customers across channels or lack of inventory visibility across enterprise to support distributed order management capacity are only some of the key challenges retail CIOs are facing.
This webinar will be conducted by Ismael Ciordia, Chief Technology Officer at Openbravo, Salil Godika, Chief Strategy & Marketing Officer and Industry Group Head at Happiest Minds and introduced by Xavier Places, Product Marketing Director at Openbravo.
What Will You Learn?
- Key considerations when designing and rolling out new architecture that delivers omnichannel services.
- Which technologies to evaluate, including PIM, OMS, Cloud, m-POS or Big Data.
- How some leading customers in the Specialty Retail subsector are progressing on their omnichannel path with the help of Openbravo.
- A summary of the main conclusions of the Happiest Minds' report "The State of Omnichannel Retail in the US 2015" .
AI and robotics are facilitating the automation of a growing number of “doing” tasks. Today’s AI-enabled, information-rich tools are increasingly able to handle jobs that in the past have been exclusively done by people, for example, tax returns, language translations, accounting, even some types of surgery. It has been reported that about 60 percent of all occupations have at least 30 percent of activities that are technically automatable, based on currently demonstrated technologies. This means that most occupations will change, and more people will have to work with technology.
This presentation will give you in depth information about the #Flipkart . Flipkart is an ECommerce giant in #India. Total sales per day has crossed figures of about $100 Million. This presentation will help you in understanding the basics of Flipkart and its working along with its founders. Do answer the #trivia at the end.
E-commerce is the software that allows you to build your online store. It provides all tools to maintain buy and sell a product online. It enables an online store to maintain different Payment modes; Customer support, SEO, Good product navigation, Site management system, Order management system, Shipping, Product review and rating system, Marketing and promotion and more features are waiting for popular virtual stores.
There are some popular, robust, flexible and easily manageable open sources listed below. These are open source so we can use it with our convenience.
Our team works on it and customizes it to make it manageable. Let give as an opportunity to make your online shop and help you to generate more ROI.
HI GUYS , i am a PPT enthusiast who likes creating PPTs on various topics around the world.I will provide u guys with PPTs on various topics that will help u in schools ,colleges and even in professional organizations.
IF U WANT A PPT AT A CHEAP PRICE DM ON LINKEDIN
www.linkedin.com/in/aryan-trisal-420253190
This PPT will help you in understanding the Architecture for B2B models in Ecommerce or Online Market Space.
Includes:
- Ecommerce in B2B
- Architecture
- Technologies
- EDI
- Internet
- Intranet
- Extranet
- Back-End Information System Integration
- Architecture Models:
- Buyer
- Seller
- Intermediary
Thank You.
Here everything is cleared out but unfortunately we couldn't accomplish our main objective i.e. to make a new algorithm from existing ones but our approach has reached much far that one can understand and contribute to this project
Recommender Systems Fairness Evaluation via Generalized Cross EntropyVito Walter Anelli
Fairness in recommender systems has been considered with respect to sensitive attributes of users (e.g., gender, race) or items (e.g., revenue in a multistakeholder setting). Regardless, the concept has been commonly interpreted as some form of equality – i.e., the degree to which the system is meeting the information needs of all its users in an equal sense. In this paper, we argue that fairness in recommender systems does not necessarily imply equality, but instead it should consider a distribution of resources based on merits and needs. We present a probabilistic framework based on generalized cross entropy to evaluate fairness of recommender systems under this perspective, where we show that the proposed framework is flexible and explanatory by allowing to incorporate domain knowledge (through an ideal fair distribution) that can help to understand which item or user aspects a recommendation algorithm is over- or under-representing. Results on two real-world datasets show the merits of the proposed evaluation framework both in terms of user and item fairness.
A new similarity measurement based on hellinger distance for collaborating fi...Prabhu Kumar
This project proposed a similarity measurement which is focusing on recommendation performance under the cold start problem [The problem which occurs in the recommendation for newly comer items and users, which doesn't have any recognition in the system] and also perfectly suitable for sparse data set.
This technique solves the problem of the cold start in recommender system as well as improves the performance of recommendation to the users.
How can we evaluate a portfolio of algorithms to extract meaningful interpretations about them? Suppose we have a set of algorithms. These can be classification, regression, clustering or any other type of algorithm. And suppose we have a set of problems that these algorithms can work on. We can evaluate these algorithms on the problems and get the results. From these results, can we explain the algorithms in a meaningful way? To find an answer to this question we turn to social sciences. Methodologies in social sciences focus on explanations as opposed to accurate predictions.
Item Response Theory (IRT) is a methodology in educational psychometrics that is used to design, analyse and score test questions and questionnaires. IRT can measure hidden qualities such as stress proneness, political inclinations, or verbal/mathematical ability. Participants take tests and IRT is used to determine the ability of participants and discrimination and difficulty of test questions. In this talk we use a novel mapping of the traditional IRT framework modified to the algorithm evaluation domain. Using this new mapping, we elicit a richer suite of characteristics including stability and anomalousness that describe important aspects of algorithm performance. We find the strengths and weaknesses of algorithms in the problem space. Using the algorithm strengths and weaknesses we construct a smaller portfolio of algorithms that gives good performance.
Recommender systems are useful for online businesses such as Amazon, or Netflix. This set of slides provides a brief overview on recommender systems and their challenges.
Practical Tools for Measurement Systems AnalysisGabor Szabo, CQE
Practical Tools for Measurement Systems Analysis presented at the American Statistical Association's Orange County and Long Beach Chapter quarterly meeting
Presentation made during the Intelligent User-Adapted Interfaces: Design and Multi-Modal Evaluation Workshop (IUadaptME) workshop conducted as part of UMAP 2018
Generate personalized location recommendation to user using KNN and collaborative filtering . We have used " Foursquare NYC Check-in Dataset" .
Link : https://sites.google.com/site/yangdingqi/home/foursquare-dataset
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GRU4Rec v2 - Recurrent Neural Networks with Top-k Gains for Session-based Rec...Balázs Hidasi
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We discuss sampling strategies and introduce additional sampling to the algorithm. We also redesign the loss function to cope with additional sampling. The resulting BPR-max loss function is able to efficiently handle many negative samples without encountering the vanishing gradient problem. We also introduce constrained embeddings which speeds up the conversion of item representations and reduces memory usage by a factor of 4. These improvements increase offline measures up to 52%.
In the talk we also discuss online A/B test and the implications of long time observations. Most of these observations are exclusive to this talk and are not in the paper.
You can access the preprint version of the paper on arXiv: https://arxiv.org/abs/1706.03847
The code is available on GitHub: https://github.com/hidasib/GRU4Rec
A short Introduction to the Influence of Big Data in today's world and how it's helping the organization and industry to be familiar with their clients and partners.
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India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...
Rating System:Various rating algorithms Review.
1. A study on Rating Algorithms
Sikkim University
Department of Computer Application
School of Physical Sciences
Presented by:
Robin Gurung & Ashish Pradhan
Roll no:14UCA015 & 14UCA005
2. Contents
1. Abstract
2. Introduction
3. Literature Review
3.1 Brief Study of Filtered Research paper
3.2 Paper Studied in detail.
4. Contribution to the paper study.
4.1 Rating algorithm concept.
4.2 Model integration of algorithm.
5. Outcomes
3. ABSTRACT
• Studied on different kind of rating system in the
market
• 3 algorithm has been discussed.
1) FairJudge algorithm
2) Iterative ranking algorithm with reputation
redistribution.
3) Elo algorithm.
• Merged 2 algorithms for a new and better output.
• Helps the market to compare the product.
4. INTRODUCTION
• Rating system been used over all the online
market platform in online world.
• A way of recognizing good product.
• Generally people go for mean Method.
• Unreasonable rating (Spammers, lack of
knowledge).
5. LITREATURE REVIEW
Trustworthy User Prediction in Rating Platforms”
Feasibility study.
• FairJudge algorithm
• The paper propose three metrics:
1. The fairness of a user
2. The goodness of a product.
3. The reliability of a rating
•The FairJudge algorithm is already being deployed
at Flipkart.
6. LITREATURE REVIEW
Hao Liao, An Zeng, Rui Xiao “Ranking Reputation
and Quality in Online Rating Systems”
• A Reputation redistribution process is introduced.
• Effectively enhance the weight of the highly
reputed users.
•Tested on both Artificial and real data.
• two penalty factors to the iterative ranking
algorithm.
7. LITREATURE REVIEW
Algorithm for Ranking Consumer Reviews on
Ecommerce Websites”
• content analysis from a grammatical, sentimental
and relevance point of view.
• Outcome is fed into the neural network for weight
of users.
8. LITREATURE REVIEW
University of Edinburgh by Marius St˘anescu,
“Rating systems with multiple factors”
•Insight on the strategy of the gamer.
•One can get a very high percentage just by choosing
weak players, easily defeated.
• Another problem is that skills change in time
9. LITREATURE REVIEW
University of Edinburgh by Marius St˘anescu,
“Rating systems with multiple factors”
•Insight on the strategy of the gamer.
•One can get a very high percentage just by choosing
weak players, easily defeated.
• Another problem is that skills change in time
10. Brief Study of filtered
research Paper
• Iterative ranking Algorithm
• FairJudge Algorithm
• Elo rating Algorithm
11. 1) Iterative ranking algorithm with
reputation redistribution
•Process for eliminating noisy information in the
iterations,
•so as to improve the accuracy in objects’ quality
ranking.
•The users are denoted by set U and objects (e.g.
books, movies or others) are denoted by set O.
•The rating given by a user i to object a is the weight
of the link, denoted by riα
12. • The degree of users and objects are respectively
ki and ka.
we define the set of objects selected by user i as
Oi and the set of users selecting object a as Ua.
13. • Three novel metrics to quantify the
trustworthiness of users and the quality of
products, building on our prior work.
• Fairness, Goodness and Reliability.
• Fairness : Fair users rate products without bias,
i.e. they give high scores to high quality
products, and low scores to bad products.
2) FairJudge algorithm
14. • The fairness F(u) of a user u lies in the [0,1]
interval ∀ u ∈U.
• 0 denotes a 100% untrustworthy user, while
1 denotes a 100% trustworthy user.
Goodness : The quality of a product determines
how it would be rated by a fair user
• The goodness G(p) of a product p ranges
from −1 (a very low quality product) to +1 (a
very high quality product) ∀p ∈P.
15. • Reliability : This measure reflects how
trustworthy the specific rating is.
• The reliability R(u,p) of a rating (u,p) ranges
from 0 (an untrustworthy rating) to 1 (a
trustworthy rating) ∀(u,p) ∈R .
Fig 1: Reliablitly of users in Flipcart
16. Figure 2: Toy example showing products (P1, P2, P3),
17. 3) Elo rating Algorithm
• The Elo rating system is a method for calculating
the relative skill levels of players in zero-sum
games such as chess.
• Players with higher ELO rating have a higher
probability of winning a game than a player with
lower ELO rating.
• After each game, ELO rating of players is updated.
18. • If a player with higher ELO rating wins, only a few
points are transferred from the lower rated
player.
• However if lower rated player wins, then
transferred points from a higher rated player are
far greater.
20. Paper Studied in Detail
• FairJudge Algorithm
• Elo rating Algorithm
21. Cold Start Problem
• Initially very low information about the user.
• Cant trust their given ratings to product.
• For products that have only been rated a few times,
it is hard to accurately determine their true quality.
• This uncertainty due to insufficient information of
less active users and products is the cold start
problem.
23. Incorporating Behavioural
Properties
• Rating scores alone are not sufficient to efficiently
estimate the fairness, goodness and reliability
values.
• The behavior of the users and products is also an
important aspect to be considered.
• Fraudsters have been known to give several ratings
in a very short timespan.
24. • Beginning users, on the other hand, have a more
spread out rating behavior as they lack regularity.
• A user u’s temporal rating behavior is represented
as the time difference between its consecutive
ratings, inter-rating time distribution IRTDU(u).
• BIRDNEST algorithm, which calculates a Bayesian
estimate of how much user u’s IRTDU(u) deviates
from the global population of all users’ behavior.
25. BIRDNEST ALGORITHM
• Analyze the behavior of
the user w.r.t time.
Factors involved:
Frequency , score,
reliablility.
NEST: higher the value of
nest more unfair a user is.
Fig 3: Birdnest algorithm
27. Rating Algorithm Concept
• Users give rating to a product.
• Calculate fairness of rating by user.
• calculate Reliability comparing with another
same domain product.
• Outcome: filtered ranking of the products of
same domain
28. Model Integration of Algorithm
Used Fair Judgment and Elo rating algorithm.
• Initially average method used for rating of
product.
• Fair Judgment is used to verify fair and unfair
users.
• Compare the reliability using GLICKO/Elo Rating.
• Sort the ranking .
29. Fair Judgment Algorithm
* COLDSTART PROBLEM
*BIRDNEST ALGORITHM
OUTCOME: Fair/Unfair
Rating.
Rating
Product
Comparing Reliability
using
GLICKO/Elo Rating
Sorting Results
Fair Judgment Algorithm
* COLDSTART PROBLEM
*BIRDNEST ALGORITHM
OUTCOME: Fair/Unfair
Rating.
Rating
Product
Fig 4: Integration Model of
Algorithm
30. Initialization Concept
alpha1, alpha2;
beta1, beta2; (ranges from 0-1).
IBD(Birdnest 1 to 5).
error = 0.000001
In|p|= Total no. of rates received
by the product.
E.g. 6 users gives rating to
product P1. (Here, In|p|=6)
Out|u| = Total no. of products
rated by user U1.
E.g. U1 rated 3 prod
(Here, Out|u|= 3)
• Value of alpha1,2; beta1,2 and
IBD shall be changed to see the
different results from the
Algorithm.
• Output: the results will be
compared and if the highest is
greater than the error rate than
the loop will continue to find
optimal solution.
FairJudge Algorithm
Initialization part