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2009 NeurIPS NeurIPS 2009

A Data-Driven Approach to Modeling Choice

We visit the following fundamental problem: For a `generic model of consumer choice (namely, distributions over preference lists) and a limited amount of data on how consumers actually make decisions (such as marginal preference information), how may one predict revenues from offering a particular assortment of choices? This problem is central to areas within operations research, marketing and econometrics. We present a framework to answer such questions and design a number of tractable algorithms (from a data and computational standpoint) for the same.

🌉 Interdisciplinary Bridge - Artificial Intelligence and Data Science & Analytics and Mathematics & Optimization
📈 Trend Setter - Decision Making
🐣 Hot Topic Early Bird - preference learning

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