Jan. 3, 2022, 2:10 a.m. | Xuanying Chen, Zhining Liu, Li Yu, Sen Li, Lihong Gu, Xiaodong Zeng, Yize Tan, Jinjie Gu

cs.LG updates on arXiv.org arxiv.org

Many payment platforms hold large-scale marketing campaigns, which allocate
incentives to encourage users to pay through their applications. To maximize
the return on investment, incentive allocations are commonly solved in a
two-stage procedure. After training a response estimation model to estimate the
users' mobile payment probabilities (MPP), a linear programming process is
applied to obtain the optimal incentive allocation. However, the large amount
of biased data in the training set, generated by the previous biased allocation
policy, causes a biased …

arxiv learning marketing mobile optimization

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