Purpose
Colossal information is available in cyberspace from a variety of sources such as blogs, reviews, posts and feedback. The mentioned sources have helped in improving various business processes from product development to stock market development. This paper aims to transform this wealth of information in the online medium to economic wealth. Earlier approaches to investment decision-making are dominated by the analyst's recommendations. However, their credibility has been questioned for herding behavior, conflict of interest and favoring underwriter's firms. This study assumes that members of the online crowd who have been reliable, profitable and knowledgeable in the recent past will continue to be so soon.
Design/methodology/approach
The authors identify credible members as experts using multi-criteria decision-making tools. In this work, an alternative actionable investment strategy is proposed and demonstrated through a mock-up. The experimental prototype is divided into two phases: expert selection and investment.
Findings
The created portfolio is comparable and even profitable than several major global stock indices.
Practical implications
This work aims to benefit individual investors, investment managers and market onlookers.
Originality/value
This paper takes into account factors: the accuracy and trustworthiness of the sources of stock market recommendations. Earlier work in the area has focused solely intelligence of the analyst for the stock recommendation. To the best of the authors’ knowledge, this is the first time that the combined intelligence of the virtual investment communities has been considered to make stock market recommendations.
With the rapid rise in popularity of ecommerce application, Recommender Systems are being widely used by them to predict the response that a user will give to a given item. This prediction helps in cross selling, upselling and to increase the loyalty of their customers. However due to lack of sufficient feedback data these systems suffer from sparsity problem which leads to decline in their prediction efficiency. In this work, we have proposed and empirically demonstrated how the Transfer Learning approach using five dimensions of basic human values can be successfully used to alleviate the sparsity problem and increase the efficiency of recommender system algorithms.
Abstract-Recommender systems suggest a list of interesting items to users based on their prior purchase or browsing behaviour on e-commerce platforms. The continuing research in recommender systems have primarily focused on developing algorithms for rating prediction task. However, most e-commerce platforms provide 'top-k' list of interesting items for every user. In line with this idea, the paper proposes a novel machine learning algorithm to predict a list of 'top-k' items by optimizing the latent factors of users and items with the mapped scores from ratings. The basic idea is to learn latent factors based on the cosine similarity between the users and items latent features which is then used to predict the scores for unseen items for every user. Comprehensive empirical evaluations on publicly available benchmark datasets reveal that the proposed model outperforms the state-of-the-art algorithms in recommending good items to a user.
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