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To choose between two discrete goods, a consumer pays attention to only those with prices below a threshold. From these, she chooses her most preferred good. We assume consumers in a population have the same preference but may have…

Theoretical Economics · Economics 2025-11-07 Kaushil Patel

In this paper, we study the assortment optimization problem faced by many online retailers such as Amazon. We develop a \emph{cascade multinomial logit model}, based on the classic multinomial logit model, to capture the consumers'…

Machine Learning · Computer Science 2020-07-15 Shaojie Tang , Jing Yuan

We consider the problem of learning to choose from a given set of objects, where each object is represented by a feature vector. Traditional approaches in choice modelling are mainly based on learning a latent, real-valued utility function,…

Machine Learning · Computer Science 2020-07-15 Karlson Pfannschmidt , Eyke Hüllermeier

In this paper, different strands of literature are combined in order to obtain algorithms for semi-parametric estimation of discrete choice models that include the modelling of unobserved heterogeneity by using mixing distributions for the…

Methodology · Statistics 2022-12-12 Dietmar Bauer , Sebastian Büscher , Manuel Batram

Given a data-set of consumer behaviour, the Revealed Preference Graph succinctly encodes inferred relative preferences between observed outcomes as a directed graph. Not all graphs can be constructed as revealed preference graphs when the…

Computer Science and Game Theory · Computer Science 2018-07-31 Shant Boodaghians

This paper is dedicated to a robust ordinal method for learning the preferences of a decision maker between subsets. The decision model, derived from Fishburn and LaValle (1996) and whose parameters we learn, is general enough to be…

Artificial Intelligence · Computer Science 2023-08-08 Hugo Gilbert , Mohamed Ouaguenouni , Meltem Ozturk , Olivier Spanjaard

We consider the predictive problem of supervised ranking, where the task is to rank sets of candidate items returned in response to queries. Although there exist statistical procedures that come with guarantees of consistency in this…

Statistics Theory · Mathematics 2013-11-27 John C. Duchi , Lester Mackey , Michael I. Jordan

Determining consumer preferences and utility is a foundational challenge in economics. They are central in determining consumer behaviour through the utility-maximising consumer decision-making process. However, preferences and utilities…

Machine Learning · Computer Science 2025-03-18 Marta Grzeskiewicz

Many multimodal recommender systems have been proposed to exploit the rich side information associated with users or items (e.g., user reviews and item images) for learning better user and item representations to improve the recommendation…

Information Retrieval · Computer Science 2022-10-26 Fan Liu , Huilin Chen , Zhiyong Cheng , Anan Liu , Liqiang Nie , Mohan Kankanhalli

We demonstrate a machine learning approach designed to extract hidden chemistry/physics to facilitate new materials discovery. In particular, we propose a novel method for learning latent knowledge from material structure data in which…

Materials Science · Physics 2021-08-03 Tien-Cuong Nguyen , Van-Quyen Nguyen , Van-Linh Ngo , Quang-Khoat Than , Tien-Lam Pham

Choice modeling is at the core of understanding how changes to the competitive landscape affect consumer choices and reshape market equilibria. In this paper, we propose a fundamental characterization of choice functions that encompasses a…

Econometrics · Economics 2024-02-21 Amandeep Singh , Ye Liu , Hema Yoganarasimhan

Recommendation systems capable of providing diverse sets of results are a focus of increasing importance, with motivations ranging from fairness to novelty and other aspects of optimizing user experience. One form of diversity of recent…

Data Structures and Algorithms · Computer Science 2024-07-15 Jon Kleinberg , Emily Ryu , Éva Tardos

We study the problem when a firm sets prices for products based on the transaction data, i.e., which product past customers chose from an assortment and what were the historical prices that they observed. Our approach does not impose a…

Optimization and Control · Mathematics 2022-03-18 Ningyuan Chen , Andre Cire , Ming Hu , Saman Lagzi

Current work in planning with preferences assume that the user's preference models are completely specified and aim to search for a single solution plan. In many real-world planning scenarios, however, the user probably cannot provide any…

Artificial Intelligence · Computer Science 2015-03-17 Tuan Nguyen , Minh Do , Alfonso Gerevini , Ivan Serina , Biplav Srivastava , Subbarao Kambhampati

Learning the preferences of a human improves the quality of the interaction with the human. The number of queries available to learn preferences maybe limited especially when interacting with a human, and so active learning is a must. One…

Machine Learning · Computer Science 2020-02-18 Sriram Gopalakrishnan , Utkarsh Soni

In B2B markets, value-based pricing and selling has become an important alternative to discounting. This study outlines a modeling method that uses customer data (product offers made to each current or potential customer, features,…

Econometrics · Economics 2023-08-16 John V. Colias , Stella Park , Elizabeth Horn

Recent increase in online privacy concerns prompts the following question: can a recommender system be accurate if users do not entrust it with their private data? To answer this, we study the problem of learning item-clusters under local…

Machine Learning · Computer Science 2014-10-29 Siddhartha Banerjee , Nidhi Hegde , Laurent Massoulié

We study an assortment optimization problem under a multi-purchase choice model in which customers choose a bundle of up to one product from each of two product categories. Different bundles have different utilities and the bundle price is…

Data Structures and Algorithms · Computer Science 2022-10-12 Xin Chen , Jiachun Li , Menglong Li , Tiancheng Zhao , Yuan Zhou

We consider the problem of static assortment optimization, where the goal is to find the assortment of size at most $C$ that maximizes revenues. This is a fundamental decision problem in the area of Operations Management. It has been shown…

Methodology · Statistics 2011-08-19 Vivek Farias , Srikanth Jagabathula , Devavrat Shah

Understanding user preference is essential to the optimization of recommender systems. As a feedback of user's taste, rating scores can directly reflect the preference of a given user to a given product. Uncovering the latent components of…

Information Retrieval · Computer Science 2017-10-20 Junhua Chen , Wei Zeng , Junming Shao , Ge Fan