Estimating product-choice probabilities from recency and frequency of page views
Estimating product-choice probabilities from recency and frequency of page views
复制标题
DOI:
10.1016/j.knosys.2016.02.006
复制
发表时间:
2016-05
期刊:
影响因子:
--
通讯作者:
J. Iwanaga;Naoki Nishimura;Noriyoshi Sukegawa;Yuichi Takano
中科院分区:
文献类型:
--
作者:
J. Iwanaga;Naoki Nishimura;Noriyoshi Sukegawa;Yuichi Takano
This paper investigates the relationship between customers’ page views (PVs) and the probabilities of their product choices on e-commerce sites. For this purpose, we create a probability table consisting of product-choice probabilities for all recency and frequency combinations of each customers’ previous PVs. To reduce the estimation error when there are few training samples, we develop optimization models for estimating the product-choice probabilities that satisfy monotonicity, convexity and concavity constraints with respect to recency and frequency. Computational results demonstrate that our method has clear advantages over logistic regression and kernel-based support vector machine.