The emergence of Big Data has enabled new research perspectives in the discrete choice community. While the techniques to estimate Machine Learning models on a massive amount of data are well established, these have not yet been fully explored for the esti ...
The 2.5 quintillion bytes of data created each day brings new opportunities, but also new stimulating challenges for the discrete choice community. Opportunities because more and more new and larger data sets will undoubtedly become available in the future ...
Discrete Choice Models (DCMs) have a distinct advantage over Machine Learning (ML) classification algorithms, in that they employ a highly interpretable linear structure. However, a key drawback of DCMs compared to ML is the need to specify the utility fun ...