## 📄️ 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