We present a study of the group purchasing behavior of daily deals in Groupon and LivingSocial and introduce a predictive dynamic model of collective attention for group buying behavior. In our model, the aggregate number of purchases at a given time comprises two types of processes: random discovery and social propagation. We find that these processes are very clearly separated by an inflection point. Using large data sets from both Groupon and LivingSocial we show how the model is able to predict the success of group deals as a function of time. We find that Groupon deals are easier to predict accurately earlier in the deal lifecycle than LivingSocial deals due to the final number of deal purchases saturating quicker. One possible explanation for this is that the incentive to socially propagate a deal is based on an individual threshold in LivingSocial, whereas in Groupon it is based on a collective threshold, which is reached very early. Furthermore, the personal benefit of propagating a deal is also greater in LivingSocial.
Recent studies of collective attention on social media sites such as Twitter, Digg and YouTube @cite_12 @cite_9 @cite_5 have clarified the interplay between popularity and novelty of user generated content. The allocation of attention across items was found to be universally log-normal, as a result of a multiplicative process that can be explained by an information propagation mechanism inherent in all these sites. While the specific time scales over which novelty decays differ between different systems depending on their typical type of content, the functional form of the decay is consistent and thus future popularity is predictable.
@cite_5 @cite_9 @cite_12
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The subject of collective attention is central to an information age where millions of people are inundated with daily messages. It is thus of interest to understand how attention to novel items propagates and eventually fades among large populations. We have analyzed the dynamics of collective attention among 1 million users of an interactive web site, digg.com, devoted to thousands of novel news stories. The observations can be described by a dynamical model characterized by a single novelty factor. Our measurements indicate that novelty within groups decays with a stretched-exponential law, suggesting the existence of a natural time scale over which attention fades. The evolution of social media popularity exhibits rich temporality, i.e., popularities change over time at various levels of temporal granularity. This is influenced by temporal variations of public attentions or user activities. For example, popularity patterns of street snap on Flickr are observed to depict distinctive fashion styles at specific time scales, such as season-based periodic fluctuations for Trench Coat or one-off peak in days for Evening Dress. However, this fact is often overlooked by existing research of popularity modeling. We present the first study to incorporate multiple time-scale dynamics into predicting online popularity. We propose a novel computational framework in the paper, named Multi-scale Temporalization, for estimating popularity based on multi-scale decomposition and structural reconstruction in a tensor space of user, post, and time by joint low-rank constraints. By considering the noise caused by context inconsistency, we design a data rearrangement step based on context aggregation as preprocessing to enhance contextual relevance of neighboring data in the tensor space. As a result, our approach can leverage multiple levels of temporal characteristics and reduce the noise of data decomposition to improve modeling effectiveness. We evaluate our approach on two large-scale Flickr image datasets with over 1.8 million photos in total, for the task of popularity prediction. The results show that our approach significantly outperforms state-of-the-art popularity prediction techniques, with a relative improvement of 10.9 -47.5 in terms of prediction accuracy. In our modern society, people are daily confronted with an increasing amount of information of any kind. As a consequence, the attention capacities and processing abilities of individuals often saturate. People, therefore, have to select which elements of their environment they are focusing on, and which are ignored. Moreover, recent work shows that individuals are naturally attracted by what other people are interested in. This imitative behaviour gives rise to various herding phenomena, such as the spread of ideas or the outbreak of commercial trends, turning the understanding of collective attention an important issue of our society. In this article, we propose an individual-based model of collective attention. In a situation where a group of people is facing a steady flow of novel information, the model naturally reproduces the log-normal distribution of the attention each news item receives, in agreement with empirical observations. Furthermore, the model predicts that the popularity of a news item strongly depends on the number of concurrent news appearing at approximately the same moment. We confirmed this prediction by means of empirical data extracted from the website digg.com. This result can be interpreted from the point of view of competition between the news for the limited attention capacity of individuals. The proposed model, therefore, provides new elements to better understand the dynamics of collective attention in an information-rich world. Time information plays a crucial role on social media popularity. Existing research on popularity prediction, effective though, ignores temporal information which is highly related to user-item associations and thus often results in limited success. An essential way is to consider all these factors (user, item, and time), which capture the dynamic nature of photo popularity. In this paper, we present a novel approach to factorize the popularity into user-item context and time-sensitive context for exploring the mechanism of dynamic popularity. The user-item context provides a holistic view of popularity, while the time-sensitive context captures the temporal dynamics nature of popularity. Accordingly, we develop two kinds of time-sensitive features, including user activeness variability and photo prevalence variability. To predict photo popularity, we propose a novel framework named Multi-scale Temporal Decomposition (MTD), which decomposes the popularity matrix in latent spaces based on contextual associations. Specifically, the proposed MTD models time-sensitive context on different time scales, which is beneficial to automatically learn temporal patterns. Based on the experiments conducted on a real-world dataset with 1.29M photos from Flickr, our proposed MTD can achieve the prediction accuracy of 79.8 and outperform the best three state-of-the-art methods with a relative improvement of 9.6 on average.