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Predicting future consumer behaviour is one of the most challenging problems for large scale retail firms. Accurate prediction of consumer purchase pattern enables better inventory planning and efficient personalized marketing strategies.…

机器学习 · 计算机科学 2020-10-15 Ankur Verma

This study utilizes an ensemble of feedforward neural network models to analyze large-volume and high-dimensional consumer touchpoints and their impact on purchase decisions. When applied to a proprietary dataset of consumer touchpoints and…

应用统计 · 统计学 2024-04-11 Victor Churchill , H. Alice Li , Dongbin Xiu

With the wide and cross-domain adoption of Large Language Models, it becomes crucial to assess to which extent the statistical correlations in training data, which underlie their impressive performance, hide subtle and potentially troubling…

人工智能 · 计算机科学 2025-12-12 Massimiliano Luca , Ciro Beneduce , Bruno Lepri , Jacopo Staiano

We study the problem of modeling purchase of multiple products and utilizing it to display optimized recommendations for online retailers and e-commerce platforms. We present a parsimonious multi-purchase family of choice models called the…

信息检索 · 计算机科学 2023-08-08 Theja Tulabandhula , Deeksha Sinha , Saketh Reddy Karra , Prasoon Patidar

In business and marketing, analyzing the reasons behind buying is a fundamental step towards understanding consumer behaviors, shaping business strategies, and predicting market outcomes. Prior research on purchase reason has relied on…

信息检索 · 计算机科学 2024-11-19 Tao Chen , Siqi Zuo , Cheng Li , Mingyang Zhang , Qiaozhu Mei , Michael Bendersky

Consumer spending accounts for a large fraction of the US economic activity. Increasingly, consumer activity is moving to the web, where digital traces of shopping and purchases provide valuable data about consumer behavior. We analyze…

社会与信息网络 · 计算机科学 2015-12-16 Farshad Kooti , Kristina Lerman , Luca Maria Aiello , Mihajlo Grbovic , Nemanja Djuric , Vladan Radosavljevic

The production, shipping, usage, and disposal of consumer goods have a substantial impact on greenhouse gas emissions and the depletion of resources. Machine Learning (ML) can help to foster sustainable consumption patterns by accounting…

This paper contributes to the literature on parametric demand estimation by using deep learning to model consumer preferences. Traditional econometric methods often struggle with limited within-product price variation, a challenge addressed…

综合经济学 · 经济学 2024-12-16 Kirill Safonov

Product feature recommendations are critical for online customers to purchase the right products based on the right features. For a customer, selecting the product that has the best trade-off between price and functionality is a…

信息检索 · 计算机科学 2021-05-04 Mingming Guo , Nian Yan , Xiquan Cui , Simon Hughes , Khalifeh Al Jadda

The value of raw data is unlocked by converting it into information and knowledge that drives decision-making. Machine Learning (ML) algorithms are capable of analysing large datasets and making accurate predictions. Market segmentation,…

机器学习 · 统计学 2023-08-29 Diego Vallarino

The emergence of a variety of Machine Learning (ML) approaches for travel mode choice prediction poses an interesting question to transport modellers: which models should be used for which applications? The answer to this question goes…

Supply and demand are two fundamental concepts of sellers and customers. Predicting demand accurately is critical for organizations in order to be able to make plans. In this paper, we propose a new approach for demand prediction on an…

机器学习 · 计算机科学 2022-11-03 Resul Tugay , Sule Gunduz Oguducu

A success factor for modern companies in the age of Digital Marketing is to understand how customers think and behave based on their online shopping patterns. While the conventional method of gathering consumer insights through…

机器学习 · 计算机科学 2020-10-07 Sohini Roychowdhury , Wenxi Li , Ebrahim Alareqi , Akhilesh Pandita , Ao Liu , Joakim Soderberg

The recent surge in Deep Learning (DL) research of the past decade has successfully provided solutions to many difficult problems. The field of quantitative analysis has been slowly adapting the new methods to its problems, but due to…

In online internet advertising, machine learning models are widely used to compute the likelihood of a user engaging with product related advertisements. However, the performance of traditional machine learning models is often impacted due…

信息检索 · 计算机科学 2018-06-22 Marcelo Tallis , Pranjul Yadav

Customer purchasing behavior analysis plays a key role in developing insightful communication strategies between online vendors and their customers. To support the recent increase in online shopping trends, in this work, we present a…

机器学习 · 计算机科学 2021-02-03 Sohini Roychowdhury , Ebrahim Alareqi , Wenxi Li

What people buy is an important aspect or view of lifestyles. Studying people's shopping patterns in different urban regions can not only provide valuable information for various commercial opportunities, but also enable a better…

社会与信息网络 · 计算机科学 2017-01-24 Tianran Hu , Ruihua Song , Yingzi Wang , Xing Xie , Jiebo Luo

This transformation of food delivery businesses to online platforms has gained high attention in recent years. This due to the availability of customizing ordering experiences, easy payment methods, fast delivery, and others. The…

机器学习 · 统计学 2021-10-04 Batool Madani , Hussam Alshraideh

Student's mental health problems have been explored previously in higher education literature in various contexts including empirical work involving quantitative and qualitative methods. Nevertheless, comparatively few research could be…

应用统计 · 统计学 2022-03-01 Prathamesh Muzumdar , Ganga Prasad Basyal , Piyush Vyas

Smart metering of domestic water consumption to continuously monitor the usage of different appliances has been shown to have an impact on people's behavior towards water conservation. However, the installation of multiple sensors to…

信号处理 · 电气工程与系统科学 2023-01-10 Pavlos Pavlou , Stelios Vrachimis , Demetrios G. Eliades , Marios M. Polycarpou
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