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Recommender Systems (RSs) are essential tools of an e-commerce portal in making intelligent decisions for an individual to obtain product recommendations. Neighborhood-based approaches are traditional techniques for collaborative recommendations and are very popular due to their simplicity and efficiency. Neighborhood-based recommender systems use numerous kinds of similarity measures for finding similar users or items. However, the existing similarity measures function only on common ratings between a pair of users (i.e. ignore the uncommon ratings) thus do not utilize all ratings made by a pair of users. Furthermore, the existing similarity measures may either provide inadequate results in many situations that frequently occur in sparse data or involve very complex calculations. Therefore, there is a compelling need to define a similarity measure that can deal with such issues. This research proposes a new similarity measure for defining the similarities between users or items by using the rating data available in the user-item matrix. Firstly, we describe a way for applying the simple matching coefficient (SMC) to the common ratings between users or items. Secondly, the structural information between the rating vectors is exploited using the Jaccard index. Finally, these two factors are leveraged to define the proposed similarity measure for better recommendation accuracy. For evaluating the effectiveness of the proposed method, several experiments have been performed using standardized benchmark datasets (MovieLens-1M, 10M, and 20M). Results obtained demonstrate that the proposed method provides better predictive accuracy (in terms of MAE and RMSE) along with improved classification accuracy (in terms of precision-recall).

A New Similarity Measure Based on Simple Matching Coefficient for Improving the Accuracy of Collaborative Recommendations