Economic Worth-Aware Word Embeddings

Knowing the perceived economic value of words is often desirable for applications such as product naming and pricing. However, there is a lack of understanding on the underlying economic worths of words, even though we have seen some breakthrough on learning the semantics of words. In this work, we bridge this gap by proposing a joint-task neural network model, Word Worth Model (WWM), to learn word embedding that captures the underlying economic worths. Through the design of WWM, we incorporate contextual factors, e.g., product’s brand name and restaurant’s city, that may affect the aggregated monetary value of a textual item. Via a comprehensive evaluation, we show that, compared with other baselines, WWM accurately predicts missing words when given target words. We also show that the learned embeddings of both words and contextual factors reflect well the underlying economic worths through various visualization analyses.