Name: Building Choice Models - Choice models - under the hood
Uploaded: 2026-06-16T00:00:00Z
Description: In this chapter, we take deeper dive into estimating choice models. To give you a foundation for thinking about choice models, we will focus on how the multinomial logit model converts the product features into a prediction for what the decision maker will choose. This will give you a framework for making decisions about which features to include in your model.