Price-aware Recommendation with Graph Convolutional Networks
Yu Zheng, Chen Gao, Xiangnan He, Yong Li, Depeng Jin

TL;DR
This paper introduces a graph convolutional network approach to incorporate item price information into user preference modeling for recommendation systems, addressing the challenge of price sensitivity and category variation.
Contribution
It proposes a novel GCN-based method that models the influence of item prices on users and integrates category information for improved purchase prediction.
Findings
Effective in learning price-aware user preferences
Improves prediction for items in unexplored categories
Demonstrates superior performance on real-world datasets
Abstract
In recent years, much research effort on recommendation has been devoted to mining user behaviors, i.e., collaborative filtering, along with the general information which describes users or items, e.g., textual attributes, categorical demographics, product images, and so on. Price, an important factor in marketing --- which determines whether a user will make the final purchase decision on an item --- surprisingly, has received relatively little scrutiny. In this work, we aim at developing an effective method to predict user purchase intention with the focus on the price factor in recommender systems. The main difficulties are two-fold: 1) the preference and sensitivity of a user on item price are unknown, which are only implicitly reflected in the items that the user has purchased, and 2) how the item price affects a user's intention depends largely on the product category, that is,…
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Taxonomy
TopicsRecommender Systems and Techniques · Advanced Graph Neural Networks · Consumer Market Behavior and Pricing
MethodsConvolution
