Random Projection Estimation of Discrete-Choice Models with Large Choice Sets
Becker Friedman Institute at UChicago - BFI
Published at : 12 Sep 2021
Published at : 12 Sep 2021
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Matthew Shum of Cal Tech discusses the use of machine learning ideas in the estimation of discrete choice models, the workhorse model of demand in economics and marketing. He demonstrated the use with large, high-dimensional data sets now available from online markets and large retailers.
BFIBecker Friedman InstituteUniversity of Chicago
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