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Bootstrapping Yahoo! Finance by Wikipedia for Competitor Mining

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Part of the book series: Lecture Notes in Computer Science ((LNISA,volume 9544))

Abstract

Competitive intelligence, one of the key factors of enterprise risk management and decision support, depends on knowledge bases that contain a large amount of competitive information. A variety of finance websites have collected competitive information manually, which can be used as knowledge bases. Yahoo! Finance is one of the largest and most successful finance websites among them. However, they have problems of incompleteness, lack of competitive domain, and not-in-time updating. Wikipedia, which was built with collective wisdom and contains plenty of useful information in various forms, can solve the above-mentioned problems effectively, thus helping build a more comprehensive knowledge base. In this paper, we propose a novel semi-supervised approach to identify competitor information and competitive domain from Wikipedia based on a multi-strategy learning algorithm. More precisely, we leverage seeds of competition between companies and competition between products to distantly supervise the learning process to find text patterns in free texts. Considering that competitive information can be inferred from events, we design a learning-based method to determine event description sentences. The whole process is iteratively performed. The experimental results show the effectiveness of our approach. Moreover, the results extracted from Wikipedia supplement 14,000 competitor pairs and 8,000 competitive domains between rival companies to Yahoo! Finance.

This work was partially supported by the Fundamental Research Funds for the Central Universities (Grant No: 22A201514045) and the Project funded by ChinaPostdoctoral Science Foundation (project No: 137763).

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Notes

  1. 1.

    http://nlp.stanford.edu/software/lex-parser.shtml.

  2. 2.

    http://nlp.stanford.edu/software/CRF-NER.shtml.

  3. 3.

    http://finance.yahoo.com/.

  4. 4.

    https://www.wikipedia.org/.

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Ruan, T., Xue, L., Wang, H., Pan, J.Z. (2016). Bootstrapping Yahoo! Finance by Wikipedia for Competitor Mining. In: Qi, G., Kozaki, K., Pan, J., Yu, S. (eds) Semantic Technology. JIST 2015. Lecture Notes in Computer Science(), vol 9544. Springer, Cham. https://doi.org/10.1007/978-3-319-31676-5_8

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  • DOI: https://doi.org/10.1007/978-3-319-31676-5_8

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-31675-8

  • Online ISBN: 978-3-319-31676-5

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