📄️ Introduction
These notes are taken from YouTube video lectures by Matt Woerman.
📄️ Discrete Choice Model
A discrete choice model is a type of statistical model used to predict a decision outcome where the choices are distinct and limited. These models are especially common in econometrics and behavioral sciences for analyzing decisions where individuals or entities select from a finite set of alternatives.
📄️ Random Utility Model
Model Structure
📄️ Choice Probabilities
Role of Choice Probabilities