Abstract
Retail managers have been interested in learning about crosscategory purchase behavior of their customers for a fairly long time. More recently, the task of inferring cross-category relationship patterns among retail assortments is gaining attraction due to its promotional potential within recommender systems used in online environments. Collaborative Filtering algorithms are frequently used in such settings for the prediction of choices, preferences and/or ratings of online users. The fundamental assumption of such algorithms resides in the available similarity information between a specific active user and a database of all other users. We study the effects of different similarity measures, available data points per user and the number of items to be recommended on the relative predictive performance in an experiment using market basket data collected from a grocery retailer. Using various measures for evaluation of the predictive ability, we derive some clues to the proper parameterization of such systems.
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Mild, A., Reutterer, T. (2001). Collaborative Filtering Methods for Binary Market Basket Data Analysis. In: Liu, J., Yuen, P.C., Li, Ch., Ng, J., Ishida, T. (eds) Active Media Technology. AMT 2001. Lecture Notes in Computer Science, vol 2252. Springer, Berlin, Heidelberg. https://doi.org/10.1007/3-540-45336-9_35
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DOI: https://doi.org/10.1007/3-540-45336-9_35
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