The Construction and Evaluation of Word Space Models

Semantic similarity is a key issue in many computational tasks. This paper goes into the development and evaluation of two common ways of automatically calculating the semantic similarity between two words. On the one hand, such methods may depend on a manually constructed thesaurus like (Euro)WordNet. Their performance is often evaluated on the basis of a very restricted set of human similarity ratings. On the other hand, corpus-based methods rely on the distribution of two words in a corpus to determine their similarity. Their performance is generally quantified through a comparison with the judgements of the first type of approach. This paper introduces a new Gold Standard of more than 5,000 human intra-category similarity judgements. We show that corpus-based methods regularly outperform (Euro)WordNet on this data set, and that the use of the latter as a Gold Standard for the former, is thus often far from ideal.