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Design is a factor that plays an important role in consumer purchase decisions. As the need for understanding and predicting various preferences for each customer increases along with the importance of mass customization, predicting…

人机交互 · 计算机科学 2024-05-14 Dongju Shin , Sunghee Lee , Namwoo Kang

Discovering new physical products and processes often demands enormous experimentation and expensive simulation. To design a new product with certain target characteristics, an extensive search is performed in the design space by trying out…

机器学习 · 统计学 2018-11-16 Phuoc Nguyen , Truyen Tran , Sunil Gupta , Santu Rana , Svetha Venkatesh

We develop a model to predict consumer default based on deep learning. We show that the model consistently outperforms standard credit scoring models, even though it uses the same data. Our model is interpretable and is able to provide a…

综合经济学 · 经济学 2019-10-07 Stefania Albanesi , Domonkos F. Vamossy

Consumers discover their preferences through experience, yet the sequence and composition of those experiences are often designed by firms, digital platforms, or policymakers. We introduce a ``data-design'' framework for preference…

理论经济学 · 经济学 2026-04-17 Sebastiano Della Lena , Alessio Muscillo , Paolo Pin

The synthesis of product design concepts stands at the crux of early-phase development processes for technical products, traditionally posing an intricate interdisciplinary challenge. The application of deep learning methods, particularly…

机器学习 · 计算机科学 2025-05-22 Phillip Mueller , Lars Mikelsons

The $\textit{data market design}$ problem is a problem in economic theory to find a set of signaling schemes (statistical experiments) to maximize expected revenue to the information seller, where each experiment reveals some of the…

计算机科学与博弈论 · 计算机科学 2023-11-01 Sai Srivatsa Ravindranath , Yanchen Jiang , David C. Parkes

We consider the problem of identifying the most profitable product design from a finite set of candidates under unknown consumer preference. A standard approach to this problem follows a two-step strategy: First, estimate the preference of…

机器学习 · 统计学 2017-01-06 Max Yi Ren , Clayton Scott

Conformal prediction is an assumption-lean approach to generating distribution-free prediction intervals or sets, for nearly arbitrary predictive models, with guaranteed finite-sample coverage. Conformal methods are an active research topic…

统计方法学 · 统计学 2024-01-19 Jerzy Wieczorek

Deep Generative Machine Learning Models (DGMs) have been growing in popularity across the design community thanks to their ability to learn and mimic complex data distributions. DGMs are conventionally trained to minimize statistical…

机器学习 · 计算机科学 2022-06-16 Lyle Regenwetter , Faez Ahmed

Algorithms for machine learning-guided design, or design algorithms, use machine learning-based predictions to propose novel objects with desired property values. Given a new design task -- for example, to design novel proteins with high…

机器学习 · 计算机科学 2025-07-04 Clara Fannjiang , Ji Won Park

Predicting future consumer behaviour is one of the most challenging problems for large scale retail firms. Accurate prediction of consumer purchase pattern enables better inventory planning and efficient personalized marketing strategies.…

机器学习 · 计算机科学 2020-10-15 Ankur Verma

Machine learning models play a key role for service providers looking to gain market share in consumer markets. However, traditional learning approaches do not take into account the existence of additional providers, who compete with each…

机器学习 · 计算机科学 2025-08-15 Ohad Einav , Nir Rosenfeld

Product recommendation systems have been instrumental in online commerce since the early days. Their development is expanded further with the help of big data and advanced deep learning methods, where consumer profiling is central. The…

计算机与社会 · 计算机科学 2023-01-27 Brahim Benaissa , Masakazu Kobayashi , Keita Kinoshita

Improving algorithms via predictions is a very active research topic in recent years. This paper initiates the systematic study of mechanism design in this model. In a number of well-studied mechanism design settings, we make use of…

计算机科学与博弈论 · 计算机科学 2023-01-13 Chenyang Xu , Pinyan Lu

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…

计量经济学 · 经济学 2024-02-21 Amandeep Singh , Ye Liu , Hema Yoganarasimhan

A burgeoning paradigm in algorithm design is the field of algorithms with predictions, in which algorithms can take advantage of a possibly-imperfect prediction of some aspect of the problem. While much work has focused on using predictions…

机器学习 · 计算机科学 2022-10-18 Mikhail Khodak , Maria-Florina Balcan , Ameet Talwalkar , Sergei Vassilvitskii

Designing products to meet consumers' preferences is essential for a business's success. We propose the Gradient-based Survey (GBS), a discrete choice experiment for multiattribute product design. The experiment elicits consumer preferences…

机器学习 · 统计学 2023-10-19 Mingzhang Yin , Ruijiang Gao , Weiran Lin , Steven M. Shugan

Consideration set formation using non-compensatory screening rules is a vital component of real purchasing decisions with decades of experimental validation. Marketers have recently developed statistical methods that can estimate…

应用统计 · 统计学 2015-03-19 Minhua Long , W. Ross Morrow

Choice modeling has been a central topic in the study of individual preference or utility across many fields including economics, marketing, operations research, and psychology. While the vast majority of the literature on choice models has…

机器学习 · 统计学 2022-08-22 Zhongze Cai , Hanzhao Wang , Kalyan Talluri , Xiaocheng Li

A design-based individual prediction approach is developed based on the expected cross-validation results, given the sampling design and the sample-splitting design for cross-validation. Whether the predictor is selected from an ensemble of…

机器学习 · 统计学 2023-01-24 Li-Chun Zhang , Danhyang Lee
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