  Predicting cascade dynamics has important implications for understanding
information propagation and launching viral marketing. Previous works mainly
adopt a pair-wise manner, modeling the propagation probability between pairs of
users using n^2 independent parameters for n users. Consequently, these models
suffer from severe overfitting problem, specially for pairs of users without
direct interactions, limiting their prediction accuracy. Here we propose to
model the cascade dynamics by learning two low-dimensional user-specific
vectors from observed cascades, capturing their influence and susceptibility
respectively. This model requires much less parameters and thus could combat
overfitting problem. Moreover, this model could naturally model
context-dependent factors like cumulative effect in information propagation.
Extensive experiments on synthetic dataset and a large-scale microblogging
dataset demonstrate that this model outperforms the existing pair-wise models
at predicting cascade dynamics, cascade size, and "who will be retweeted".
