text: I present a hybrid matrix factorisation model representing users and items as linear combinations of their content features' latent factors. The model outperforms both collaborative and content-based models in cold-start or sparse interaction data scenarios (using both user and item metadata), and performs at least as well as a pure collaborative matrix factorisation model where interaction data is abundant. Additionally, feature embeddings produced by the model encode semantic information in a way reminiscent of word embedding approaches, making them useful for a range of related tasks such as tag recommendations.
  @cite_4: In order to recommend products to users we must ultimately predict how a user will respond to a new product. To do so we must uncover the implicit tastes of each user as well as the properties of each product. For example, in order to predict whether a user will enjoy Harry Potter, it helps to identify that the book is about wizards, as well as the user's level of interest in wizardry. User feedback is required to discover these latent product and user dimensions. Such feedback often comes in the form of a numeric rating accompanied by review text. However, traditional methods often discard review text, which makes user and product latent dimensions difficult to interpret, since they ignore the very text that justifies a user's rating. In this paper, we aim to combine latent rating dimensions (such as those of latent-factor recommender systems) with latent review topics (such as those learned by topic models like LDA). Our approach has several advantages. Firstly, we obtain highly interpretable textual labels for latent rating dimensions, which helps us to justify' ratings with text. Secondly, our approach more accurately predicts product ratings by harnessing the information present in review text; this is especially true for new products and users, who may have too few ratings to model their latent factors, yet may still provide substantial information from the text of even a single review. Thirdly, our discovered topics can be used to facilitate other tasks such as automated genre discovery, and to identify useful and representative reviews.
  @cite_12: Recommender systems suggest to users items that they might like (e.g., news articles, songs, movies) and, in doing so, they help users deal with information overload and enjoy a personalized experience. One of the main problems of these systems is the item cold-start, i.e., when a new item is introduced in the system and no past information is available, then no effective recommendations can be produced. The item cold-start is a very common problem in practice: modern online platforms have hundreds of new items published every day. To address this problem, we propose to learn Local Collective Embeddings: a matrix factorization that exploits items' properties and past user preferences while enforcing the manifold structure exhibited by the collective embeddings. We present a learning algorithm based on multiplicative update rules that are efficient and easy to implement. The experimental results on two item cold-start use cases: news recommendation and email recipient recommendation, demonstrate the effectiveness of this approach and show that it significantly outperforms six state-of-the-art methods for item cold-start.
summary: Saveski @cite_12 perform joint factorisation of the user-item and item-feature matrices by using the same item latent feature matrix in both decompositions; the parameters are optimised by minimising a weighted sum of both matrices' reproduction loss functions. A weight hyperparameter governs the relative importance of accuracy in decomposing the collaborative and content matrices. A similar approach is used by McAuley @cite_4 for jointly modelling ratings and product reviews. Here, LightFM has the advantage of simplicity as its single optimisation objective is to factorise the user-item matrix.