The Bandwagon Effect: Not Just Another Bias
Norman Knyazev, Harrie Oosterhuis
Abstract
Optimizing recommender systems based on user interaction data is mainly seen as a problem of dealing with selection bias, where most existing work assumes that interactions from different users are independent. However, it has been shown that in reality user feedback is often influenced by earlier interactions of other users, e.g. via average ratings, number of views or sales per item, etc. This phenomenon is known as the bandwagon effect.
Topics & Concepts
Bandwagon effectConsistency (knowledge bases)EstimatorComputer scienceSelection (genetic algorithm)Contrast (vision)EndogeneitySelection biasConvergence (economics)Sample (material)EconometricsRelevance (law)StatisticsArtificial intelligenceMachine learningMathematicsEconomicsPsychologyChemistryPolitical scienceSocial psychologyLawEconomic growthChromatographyRecommender Systems and TechniquesAdvanced Bandit Algorithms ResearchConsumer Market Behavior and Pricing