93 research outputs found

    To Score or Not to Score? Estimates of a Sponsored Search Auction Model

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    We estimate a structural model of a sponsored search auction model. To accomodate the "position paradox", we relax the assumption of decreasing click volumes with position ranks, which is often assumed in the literature. Using data from "Website X", one of the largest online market places in China, we find that merchants of different qualities adopt different bidding strategies: high quality merchants bid more aggressively for informative keywords, while low quality merchants are more likely to be sorted to the top positions for value keywords. Counterfactual evaluations show that the price trend becomes steeper after moving to a score-weighted generalized second price auction, with much higher prices obtained for the top position but lower prices for the other positions. Overall, there is only a very modest change in total revenue from introducing popularity scoring, despite the intent in bid scoring to reward popular merchants with price discounts

    Discovering user intent In E-commerce clickstreams

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    E-commerce has revolutionised how we browse and purchase products and services globally. However, with revolution comes disruption as retailers and users struggle to keep up with the pace of change. Retailers are increasingly using a varied number of machine learning techniques in areas such as information retrieval, user interface design, product catalogue curation and sentiment analysis, all of which must operate at scale and in near real-time. Understanding user purchase intent is important for a number of reasons. Buyers typically represent <5% of all e-commerce users, but contribute virtually all of the retailer profit. Merchants can cost-effectively target measures such as discounting, special offers or enhanced advertising at a buyer cohort - something that would be cost prohibitive if applied to all users. We used supervised classic machine learning and deep learning models to infer user purchase intent from their clickstreams. Our contribution is three-fold: first we conducted a detailed analysis of explicit features showing that four broad feature classes enable a classic model to infer user intent. Second, we constructed a deep learning model which recovers over 98% of the predictive power of a state-of-the-art approach. Last, we show that a standard word language deep model is not optimal for e-commerce clickstream analysis and propose a combined sampling and hidden state management strategy to improve the performance of deep models in the e-commerce domain. We also propose future work in order to build on the results obtained

    Newman v. Google

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    3rd amended complain

    Recent Advances in Social Data and Artificial Intelligence 2019

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    The importance and usefulness of subjects and topics involving social data and artificial intelligence are becoming widely recognized. This book contains invited review, expository, and original research articles dealing with, and presenting state-of-the-art accounts pf, the recent advances in the subjects of social data and artificial intelligence, and potentially their links to Cyberspace
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