Improving recommendation system algorithms
Friday, July 8, 2011 - 06:00
in Mathematics & Economics
Recommendation algorithms are a vital part of todays Web, the basis of the targeted advertisements that account for most commercial sites revenues and of services such as Pandora, the Internet radio site that tailors song selections to listeners declared preferences. The DVD rental site Netflix deemed its recommendation algorithms important enough that it offered a million-dollar prize to anyone who could improve their predictions by 10 percent.