Abstract
As online shopping flourished, consumers in their shopping can refer to rich product descriptions and a large amount of review information. For the scenario of consumer online choice decision among candidate products characterized by limited attributes, we refer to it as an online multi-attribute decision-making problem. To address the challenge of online choice decision support for consumers, we propose a data-driven analytic hierarchy process (AHP). The data-driven AHP includes extracting attributes of candidate products, calculating attribute values, attribute-weight learning, interaction-based preference revision process, and product ranking. In particular, we develop an Exp-strategy for attribute-weight learning, which helps learn the attribute weights of consumers who provide reviews as a reference for an end consumer. This learning method can handle dynamic online reviews without the problem of information overload. In addition, we design the interaction-based preference revision process to help the end consumer identify his attribute weights and make a choice decision.
| Original language | English |
|---|---|
| Pages (from-to) | 2227-2240 |
| Number of pages | 14 |
| Journal | Journal of the Operational Research Society |
| Volume | 74 |
| Issue number | 10 |
| DOIs | |
| Publication status | Published - 2023 |
Keywords
- Decision analysis
- analytic hierarchy process
- consumer reviews
- exp strategy
- online optimization
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