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Edition:Year 25 Final Report
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Abstract:This project is motivated by the possible value of integrating theory-based discrete choice models (DCMs) and data-driven neural networks. How to benefit from the strengths of both is the overarching question. We propose hybrid structures and strategies to flexibly represent taste heterogeneity and improve predictability while keeping model interpretability. Also, we utilize neural networks’ training machinery to speed up and scale up the estimation of Latent Class Choice Models (LCCMs).
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