Data · dataset · 2024
A Topic-based Segmentation Model for Identifying Segment-Level Drivers of Star Ratings from Unstructured Text Reviews
Listed in BERD@NFDI Data Portal
Online reviews provide rich information on customer satisfaction, displaying various numeric ratings as well as detailed explanations presented in written form.
Description
However, analyzing this data is challenging due to the unstructured nature of text. This paper introduces a novel machine-learning method for identifying interpretable key drivers of star ratings from text reviews, which might vary across segments.
By adopting the Ising model prior to account for dependence between words, the model simultaneously achieves segmentation, identifies segment-level key topics (i.e., groups of frequently co-occurring words), and estimates the impacts of the selected words on the ratings. We first demonstrate that the proposed model successfully identifies segment-specific key drivers of customer satisfaction using illustrative simulated review data.
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Then, we utilize real-world reviews from Yelp for our empirical applications. When applied to online reviews of 5,241 Arizona-based restaurants, the model identifies three distinct restaurant segments, each characterized by three to five important topics. Our model’s performance is evaluated against six benchmark models, encompassing various topic models and latent class regression with variable selection.
The comparison results emphasize the proposed model’s unique advantages in prediction, interpretability, and handling heterogeneity. Additionally, we demonstrate the applicability of our model in examining customer segmentation for individual restaurants.
Links
Where it is published
- BERD@NFDI Data Portal record berd-platform.de/records/ht6e9-gxm97 ↗
landing page · from berd platform de
- DOI doi.org/10.1177/00222437241246752 ↗
DOI / persistent id · from berd platform de
Catalogue records · 1
- InvenioRDM API berd-platform.de/api/records/ht6e9-gxm97 ↗
metadata API · from berd platform de
Topics
- From keywords
- Economics & Finance
- Inferred from text
- Econometrics 68% · Text 75%
Provenance · 1 source records, 8 field assertions
| Source | Key | Last seen | Raw |
|---|---|---|---|
| BERD@NFDI Data Portal | ht6e9-gxm97 | 9 d ago | JSON v1 |
| Field | Assertion | Extractor | Evidence |
|---|---|---|---|
| access_level | source · berd platform de | connector:berd_platform_de@1.0.0 | |
| concepts[field].anzsrc:group:3802 | enrichment · berd platform de | taxonomy-embedding@1.0.0 | title+keywords+description (68%) |
| concepts[field].local:field:economics-finance | mapping · berd platform de | connector:berd_platform_de@1.0.0 | |
| concepts[modality].local:modality:text | enrichment · berd platform de | keyword-concept-rules@1.0.0 | title+description (75%) |
| description | source · berd platform de | connector:berd_platform_de@1.0.0 | /metadata/description |
| publication_date | source · berd platform de | connector:berd_platform_de@1.0.0 | |
| title | source · berd platform de | connector:berd_platform_de@1.0.0 | /metadata/title |
| updated_date | source · berd platform de | connector:berd_platform_de@1.0.0 |