You are presented with multiple paper abstracts, alongside the associated literature review and chapter titles. Given the provided information, you are going to do a literature review. Please generate a coherent literature review that synthesizes the content, draws connections between different works, highlights major findings, and identifies any gaps in the existing research.

Literature Review Title: A Review for Weighted MinHash Algorithms 
Chapter Title:  [Haeupler et. al., 2014] 
1. Abstract of Cited Paper (BIB001):  Document sketching using Jaccard similarity has been a workable effective technique in reducing near-duplicates in Web page and image search results, and has also proven useful in file system synchronization, compression and learning applications. Min-wise sampling can be used to derive an unbiased estimator for Jaccard similarity and taking a few hundred independent consistent samples leads to compact sketches which provide good estimates of pairwise-similarity. Subsequent works extended this technique to weighted sets and show how to produce samples with only a constant number of hash evaluations for any element, independent of its weight. Another improvement by Li et al. shows how to speedup sketch computations by computing many (near-)independent samples in one shot. Unfortunately this latter improvement works only for the unweighted case. In this paper we give a simple, fast and accurate procedure which reduces weighted sets to unweighted sets with small impact on the Jaccard similarity. This leads to compact sketches consisting of many (near-)independent weighted samples which can be computed with just a small constant number of hash function evaluations per weighted element. The size of the produced unweighted set is furthermore a tunable parameter which enables us to run the unweighted scheme of Li et al. in the regime where it is most efficient. Even when the sets involved are unweighted, our approach gives a simple solution to the densification problem that other works attempted to address. Unlike previously known schemes, ours does not result in an unbiased estimator. However, we prove that the bias introduced by our reduction is negligible and that the standard deviation is comparable to the unweighted case. We also empirically evaluate our scheme and show that it gives significant gains in computational efficiency, without any measurable loss in accuracy.

Literature Review:
Compared to BIB001 , BIB002 [46] preserves the remaining float part with probability being exactly equal to the value of the remaining float part. Specifically, the float part is uniformly and consistently mapped to the interval [0, 1), that is, the random hash value is seeded with the element. If the random value is less than the value of the remaining float part, it will be added as a subelement into the binary set; otherwise, it will be abandoned. By multiplying a constant C, the quantization-based approaches expand the universal set, where each element is permuted or computed for a hash value.