Data for Good Seminar: Daniel J. Russo, Columbia Business School (HYBRID)
Monday, November 14, 2022
6:00 am - 7:00 am
Monday, November 14, 2022
6:00 am - 7:00 am
Daniel J. Russo, Philip H. Geier Jr. Associate Professor of Business, Decision, Risk, and Operations, Columbia Business School
Financial and Business Analytics Center Chairs
In-Person Location: Northwest Corner Building, 14th Floor (DSI Suite) – 550 W 120th St, New York, NY 10027
This event was NOT recorded.
We study the problem of optimizing a recommender system for outcomes that realize over several weeks or months. We begin by drawing on reinforcement learning to formulate a comprehensive model of users’ recurring relationship with a recommender system. Challenges of measurement, attribution, and coordination complicate algorithm design. We describe careful modeling — including a new representation of user state and key conditional independence assumptions — which leads to simple, testable recommender system prototypes. We apply our approach to a podcast recommender system at a large online audio streaming service and demonstrate that purposefully optimizing for long-term outcomes leads to large performance gains over conventional approaches that optimize for short-term proxies. Time permitting, I will also touch on a few other interesting problems at the intersection of recommender systems and reinforcement learning.
*This talk is based on joint work with Lucas Maystre and Yu Zhao, from Spotify.