https://www.khaichiong.com/tags/random-projection/Random ProjectionHugoBlox Kit (https://hugoblox.com)en-usTue, 01 Jan 2019 00:00:00 +0000https://www.khaichiong.com/media/icon_hu_da05098ef60dc2e7.pnghttps://www.khaichiong.com/tags/random-projection/https://www.khaichiong.com/publications/random-projection-estimation-discrete-choice/Tue, 01 Jan 2019 00:00:00 +0000https://www.khaichiong.com/publications/random-projection-estimation-discrete-choice/<p>Chiong and Shum tackle the computational challenges posed by discrete-choice models with large choice sets. Their random projection estimator dramatically reduces dimensionality, allowing researchers to analyze complex choice data efficiently. The approach is particularly useful for modern marketing and transportation applications involving many alternatives.</p>