ESMC: Entire Space Multi-Task Model for Post-Click Conversion Rate via Parameter Constraint
Zhenhao Jiang, Biao Zeng, Hao Feng, Jin Liu, Jicong Fan, Jie Zhang,, Jia Jia, Ning Hu, Xingyu Chen, Xuguang Lan

TL;DR
This paper introduces ESMC, a novel multi-task learning model for post-click conversion rate prediction that addresses probability space confusion and improves recommendation accuracy in large-scale systems.
Contribution
The paper proposes ESMC, a new model with parameter constraints to mitigate probability space confusion, extending entire space models with separate handling of in-shop actions.
Findings
ESMC outperforms state-of-the-art models in offline and online tests.
The model effectively addresses probability space confusion issues.
Real-world datasets will be released for further research.
Abstract
Large-scale online recommender system spreads all over the Internet being in charge of two basic tasks: Click-Through Rate (CTR) and Post-Click Conversion Rate (CVR) estimations. However, traditional CVR estimators suffer from well-known Sample Selection Bias and Data Sparsity issues. Entire space models were proposed to address the two issues via tracing the decision-making path of "exposure_click_purchase". Further, some researchers observed that there are purchase-related behaviors between click and purchase, which can better draw the user's decision-making intention and improve the recommendation performance. Thus, the decision-making path has been extended to "exposure_click_in-shop action_purchase" and can be modeled with conditional probability approach. Nevertheless, we observe that the chain rule of conditional probability does not always hold. We report Probability Space…
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Taxonomy
TopicsRecommender Systems and Techniques · Advanced Bandit Algorithms Research · Image and Video Quality Assessment
MethodsSiamese Network
