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Currently users on social media post their opinion and feelings about almost everything. This online behavior has led to numerous applications where social media data are used to measure public opinion in a similar way as a poll or a survey. In this paper, we will present an application of social media mining for the art market. To the best of our knowledge, this will be the first attempt to mine social media to extract quantitative and qualitative data for the art market. Although there are previous works on analyzing and predicting other markets, these methodologies cannot be applied directly to the art market. In our proposed methodology, artists will be treated as brands. That is, we will mine Twitter posts that mention specific artists’ names and attempt to rank artists in a similar manner as brand equity and awareness would be measured. The particularities of the art market are considered mainly in the construction of a topic-specific user network where user expertise and influence is evaluated and later used to rank artists. The proposed ranking system is evaluated against two other available systems to identify the advantages it can offer. [ABSTRACT FROM AUTHOR]

Different term weighting techniques such as $$TF\cdot IDF$$ or BM25 have been used intensely for manifold text-based information retrieval tasks. Their use for modeling term profiles for named entities and subsequent calculation of similarities between these named entities have been studied to a much smaller extent. The recent trend of microblogging made available massive amounts of information about almost every topic around the world. Therefore, microblogs represent a valuable source for text-based named entity modeling. In this paper, we present a systematic and comprehensive evaluation of different term weighting measures, normalization techniques, query schemes, index term sets, and similarity functions for the task of inferring similarities between named entities, based on data extracted from microblog posts. We analyze several thousand combinations of choices for the above mentioned dimensions, which influence the similarity calculation process, and we investigate in which way they impact the quality of the similarity estimates. Evaluation is performed using three real-world data sets: two collections of microblogs related to music artists and one related to movies. For the music collections, we present results of genre classification experiments using as benchmark genre information from . For the movie collection, we present results of multi-class classification experiments using as benchmark categories from . We show that microblogs can indeed be exploited to model named entity similarity with remarkable accuracy, provided the correct settings for the analyzed aspects are used. We further compare the results to those obtained when using Web pages as data source. [ABSTRACT FROM AUTHOR]