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Trying to learn Siamese networks for ranking tasks from here, I find it hard to understand why triplet loss and contrastive losses have the "margin" element in them.

The contrastive loss

$L(A, B) = y|f(A) - f(B)| + (1-y)max(0, m-|f(A) - F(B)|)$

The triplet loss

$L(A, P, N) = max(0, |f(A) - f(P)| - |f(A) - f(N)| + m) $

both have the margin m, which doesn't allow samples to be pushed passed it.

In the lecture, Prof. Laura Leal-Taixé says:

I want to keep separating them (the samples), until we hit a margin m. And the idea is that it makes no sense to actually push $f(A)$ and $f(B)$ further apart if they are already as far as the margin m. ... I am not going to spend any energy in pulling them even further away.


Here it is explained why we want to bound the loss.

Still, I would like to understand how does changing the value of m change the output, from the user's perspective, meaning, how does it affect clustering, or classification accuracy or other metrics? Why choose large or small m when engineering a system?

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