Empirical research on the impact of personalized recommendation diversity

Citation:

Zhang L, Yan Q, Lu J, Chen Y, Liu Y. Empirical research on the impact of personalized recommendation diversity Bui TX. 52nd Annual Hawaii International Conference on System Sciences, HICSS 2019. 2019;2019-January:1304-1313.

摘要:

Personalized recommendation has important implications in raising online shopping efficiency and increasing product sales. There has been wide interest in finding ways to provide more efficient personalized recommendations. Most existing studies focus on how to improve the accuracy of the recommendation algorithms, or are more concerned on ways to increase consumer satisfaction. Unlike these studies, our study focuses on the process of decision-making, using long tail theory as a basis, to reveal the mechanisms involved in consumers' adoption of recommendations. This paper analyzes the effect of personalized recommendations from two angles: product sales and ratings, and tries to point out differences in consumer preferences between mainstream products and niche products, high rating products and low rating products, search products and experience products. The study verifies that consumers demand diversity in the recommended content, and also provides suggestions on how to better plan and operate a personalized recommendation system. © 2019 IEEE Computer Society. All rights reserved.

附注:

Conference code: 169517Cited By :1Export Date: 9 November 2022Funding details: National Natural Science Foundation of China, NSFC, 71673158, 71804083, 91646101Funding details: National Key Research and Development Program of China, NKRDPC, 2017YFC0803300, 2018YFC0809700Funding details: National Office for Philosophy and Social Sciences, NPOPSS, 17AGL026Funding text 1: This work is funded by National Key R&D Program of China (No.2018YFC0809700, No.2017YFC0803300), National Natural Science Foundation of China (No.71804083, No.91646101, No.71673158), and National Social Science Foundation of China (No. 17AGL026).References: Xiao, B., Benbasat, I., E-commerce product recommendation agents: Use, characteristics, and impact (2007) MIS Quarterly, 31 (1), pp. 137-209; Häubl, G., Murray, K.B., Double agents: Assessing the role of electronic product recommendation systems (2006) Sloan Management Review, 47 (3), pp. 8-12; Lee, D.H., Brusilovsky, P., Improving personalized recommendations using community membership information (2017) Information Processing & Management, 53 (5), pp. 1201-1214; Li, C., Liu, J., A name alone is not enough: A reexamination of web-based personalization effect (2017) Computers in Human Behavior, 72, pp. 132-139; Fitzsimons, G.J., Lehmann, D.R., Reactance to recommendations: When unsolicited advice yields contrary responses (2004) Marketing Science, 23 (1), pp. 82-94; Huang, S.L., Designing utility-based recommender systems for e-commerce: Evaluation of preference-elicitation methods (2011) Electronic Commerce Research & Applications, 10 (4), pp. 398-407; Najafabadi, M.K., Improving the accuracy of collaborative filtering recommendations using clustering and association rules mining on implicit data (2017) Computers in Human Behavior, 67 (100), pp. 113-128; Liang, T., Lai, H., Ku, Y., Personalized content recommendation and user satisfaction: Theoretical synthesis and empirical findings (2006) Journal of Management Information Systems, 23 (3), pp. 45-70; Xu, C., Peak, D., Prybutok, V., A customer value, satisfaction, and loyalty perspective of mobile application recommendations (2015) Decision Support Systems, 79 (100), pp. 171-183; Yan, Q., Effects of product portfolios and recommendation timing in the efficiency of personalized recommendation (2016) Journal of Consumer Behaviour, 15 (6), pp. 516-526; Zhang, Z., Zheng, X., Zeng, D.D., A framework for diversifying recommendation lists by user interest expansion (2016) Knowledge-Based Systems, 105, pp. 83-95; Hurley, N., Zhang, M., Novelty and diversity in top-n recommendation-analysis and evaluation (2011) ACM Transactions on Internet Technology (TOIT), 10 (4), p. 14; Fleder, D., Hosanagar, K., Blockbuster culture's next rise or fall: The impact of recommender systems on sales diversity (2009) Social Science Electronic Publishing, 55 (5), pp. 697-712; Adomavicius, G., Kwon, Y., Maximizing aggregate recommendation diversity: A graph-theoretic approach (2011) ACM Conference on Recommender Systems, pp. 3-10; Ziegler, C., Improving recommendation lists through topic diversification (2005) International Conference on World Wide Web, pp. 22-32; Hou, L., Solving the stability-accuracy-diversity dilemma of recommender systems (2016) Physica a Statistical Mechanics & Its Applications, p. 468; Anderson, C., (2006) The Long Tail: Why the Future of Business Is Selling More for Less, , New York: Hiperion; Brynjolfsson, E., Hu, Y.J., Smith, M.D., From niches to riches: Anatomy of the long tail (2006) Sloan Management Review, 47 (4), pp. 67-71; Wang, S., Multi-objective optimization for long tail recommendation (2016) Knowledge-Based Systems, 104, pp. 145-155; Mochon, D., Frederick, S., Anchoring in sequential judgments (2013) Organizational Behavior and Human Decision Processes, 122 (1), pp. 69-79; Turner, B.M., Schley, D.R., The anchor integration model: A descriptive model of anchoring effects (2016) Cognitive Psychology, 90, pp. 1-47; Bei, L.T., Chen, E.Y.I., Widdows, R., Consumers' online information search behavior and the phenomenon of search vs. Experience products (2004) Journal of Family & Economic Issues, 25 (4), pp. 449-467; Luan, J., Search product and experience product online reviews: An eye-tracking study on consumers' review search behavior (2016) Computers in Human Behavior, 65, pp. 420-430; De, P., Hu, Y., Rahman, M.S., Technology usage and online sales: An empirical study (2010) Management Science, 56 (11), pp. 1930-1945; Liu, S., Identifying effective influencers based on trust for electronic word-of-mouth marketing: A domain-aware approach (2015) Information Sciences, 306, pp. 34-52; Davis, A., Khazanchi, D., An empirical study of online word of mouth as a predictor for multi-product category e-commerce sales (2008) Electronic Markets, 18 (2), pp. 130-141; Scaffidi, C., Red opal: Product-feature scoring from reviews (2007) ACM Conference on Electronic Commerce, pp. 182-191; Jiang, Y., Coulter, R., Ratneshwar, S., Consumption decisions involving goal tradeoffs: The impact of one choice on another (2005) Advances in Consumer Research, 32, pp. 206-211; Wang, J., Sarwar, B., Sundaresan, N., Utilizing related products for post-purchase recommendation in e-commerce (2011) ACM Conference on Recommender Systems, pp. 329-332. , ACM: Chicago, USA; Nelson, P., Information and consumer behavior (1970) Journal of Political Economy, 78 (2), pp. 311-329; Klein, L.R., Evaluating the potential of interactive media through a new lens: Search versus experience goods (1998) Journal of Business Research, 41 (3), pp. 195-203; Huang, L., Comprehension and assessment of product reviews: A review-product congruity proposition (2013) Journal of Management Information Systems, 30 (3), pp. 311-343; (2018) The 41th Statistic Report of China Internet Network Development State, , CNNIC China Internet Network Information Center: Beijing; Gupta, M., Analysis and characterization of comparison shopping behavior in the mobile handset domain (2017) Electronic Commerce Research, 17 (3), pp. 521-551; Elberse, A., Should you invest in the long tail? (2008) Harvard Business Review, 86 (7-8), p. 88; Tan, T.F., Netessine, S., (2009) Is Tom Cruise Threatened? Using Netflix Prize Data to Examine the Long Tail of Electronic Commerce, , Philadelphia; Matsumoto, B., Spence, F., Price beliefs and experience: Do consumers' beliefs converge to empirical distributions with repeated purchases? (2016) Journal of Economic Behavior & Organization, 126, pp. 243-254; Saini, Y.K., Lynch, J.G., The effects of the online and offline purchase environment on consumer choice of familiar and unfamiliar brands (2016) International Journal of Research in Marketing, 33 (3), pp. 702-705(PRIISM)