Debiasing the Conversion Rate Prediction Model in the Presence of Delayed Implicit Feedback

The recommender system (RS) has been widely adopted in many applications, including online advertisements. Predicting the conversion rate (CVR) can help in evaluating the effects of advertisements on users and capturing users' features, playing an important role in RS. In real-world scenarios, implicit rather than explicit feedback data are more abundant. Thus, directly training the RS with collected data may lead to suboptimal performance due to selection bias inherited from the nature of implicit feedback. Methods such as reweighting have been proposed to tackle selection bias; however, these methods omit delayed feedback, which often occurs due to limited observation times. We propose a novel likelihood approach combining the assumed parametric model for delayed feedback and the reweighting method to address selection bias. Specifically, the proposed methods minimize the likelihood-based loss using the multi-task learning method. The proposed methods are evaluated on the real-world Coat and Yahoo datasets. The proposed methods improve the AUC by 5.7% on Coat and 3.7% on Yahoo compared with the best baseline models. The proposed methods successfully debias the CVR prediction model in the presence of delayed implicit feedback.