Using score differences for search result diversification

We investigate the application of a light-weight approach to result list clustering for the purposes of diversifying search results. We introduce a novel post-retrieval approach, which is independent of external information or even the full-text content of retrieved documents; only the retrieval score of a document is used. Our experiments show that this novel approach is bene cial to e ectiveness, albeit only on certain baseline systems. The fact that the method works indicates that the retrieval score is potentially exploitable in diversity

Explicit diversification of event aspects for temporal summarization

During major events, such as emergencies and disasters, a large volume of information is reported on newswire and social media platforms. Temporal summarization (TS) approaches are used to automatically produce concise overviews of such events by extracting text snippets from related articles over time. Current TS approaches rely on a combination of event relevance and textual novelty for snippet selection. However, for events that span multiple days, textual novelty is often a poor criterion for selecting snippets, since many snippets are textually unique but are semantically redundant or non-informative. In this article, we propose a framework for the diversification of snippets using explicit event aspects, building on recent works in search result diversification. In particular, we first propose two techniques to identify explicit aspects that a user might want to see covered in a summary for different types of event. We then extend a state-of-the-art explicit diversification framework to maximize the coverage of these aspects when selecting summary snippets for unseen events. Through experimentation over the TREC TS 2013, 2014, and 2015 datasets, we show that explicit diversification for temporal summarization significantly outperforms classical novelty-based diversification, as the use of explicit event aspects reduces the amount of redundant and off-topic snippets returned, while also increasing summary timeliness

An Axiomatic Analysis of Diversity Evaluation Metrics: Introducing the Rank-Biased Utility Metric

Many evaluation metrics have been defined to evaluate the effectiveness ad-hoc retrieval and search result diversification systems. However, it is often unclear which evaluation metric should be used to analyze the performance of retrieval systems given a specific task. Axiomatic analysis is an informative mechanism to understand the fundamentals of metrics and their suitability for particular scenarios. In this paper, we define a constraint-based axiomatic framework to study the suitability of existing metrics in search result diversification scenarios. The analysis informed the definition of Rank-Biased Utility (RBU) -- an adaptation of the well-known Rank-Biased Precision metric -- that takes into account redundancy and the user effort associated to the inspection of documents in the ranking. Our experiments over standard diversity evaluation campaigns show that the proposed metric captures quality criteria reflected by different metrics, being suitable in the absence of knowledge about particular features of the scenario under study.Comment: Original version: 10 pages. Preprint of full paper to appear at SIGIR'18: The 41st International ACM SIGIR Conference on Research & Development in Information Retrieval, July 8-12, 2018, Ann Arbor, MI, USA. ACM, New York, NY, US

On the Additivity and Weak Baselines for Search Result Diversification Research

A recent study on the topic of additivity addresses the task of search result diversification and concludes that while weaker baselines are almost always significantly improved by the evaluated diversification methods, for stronger baselines, just the opposite happens, i.e., no significant improvement can be observed. Due to the importance of the issue in shaping future research directions and evaluation strategies in search results diversification, in this work, we first aim to reproduce the findings reported in the previous study, and then investigate its possible limitations. Our extensive experiments first reveal that under the same experimental setting with that previous study, we can reach similar results. Next, we hypothesize that for stronger baselines, tuning the parameters of some methods (i.e., the trade-off parameter between the relevance and diversity of the results in this particular scenario) should be done in a more fine-grained manner. With trade-off parameters that are specifically determined for each baseline run, we show that the percentage of significant improvements even over the strong baselines can be doubled. As a further issue, we discuss the possible impact of using the same strong baseline retrieval function for the diversity computations of the methods. Our takeaway message is that in the case of a strong baseline, it is more crucial to tune the parameters of the diversification methods to be evaluated; but once this is done, additivity is achievable

Corporate Acquisitions and Firm-level Uncertainty: Domestic versus Cross-Border Deals

This paper studies the impact of corporate acquisitions on the uncertainty faced by acquiring firms. We use data for UK public companies from 2004 to 2017 and employ a matching estimator combined with difference-in-differences to control for the endogenous selection of firms into acquiring status. Acquisitions exert a large and persistent effect on the volatility of stock returns of acquirers and is characterized by a pecking order: domestic takeovers lead to a reduction in the uncertainty faced by the acquirer, while cross-border acquisitions|particularly those involving target firms in emerging markets|engender a positive response in acquirers' volatility