Graph-Based Methods for Discrete Choice
- URL: http://arxiv.org/abs/2205.11365v2
- Date: Fri, 17 Nov 2023 22:12:13 GMT
- Title: Graph-Based Methods for Discrete Choice
- Authors: Kiran Tomlinson and Austin R. Benson
- Abstract summary: We use graph learning to study choice in networked contexts.
We show that incorporating social network structure can improve the predictions of the standard econometric choice model.
- Score: 27.874979682322376
- License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/
- Abstract: Choices made by individuals have widespread impacts--for instance, people
choose between political candidates to vote for, between social media posts to
share, and between brands to purchase--moreover, data on these choices are
increasingly abundant. Discrete choice models are a key tool for learning
individual preferences from such data. Additionally, social factors like
conformity and contagion influence individual choice. Traditional methods for
incorporating these factors into choice models do not account for the entire
social network and require hand-crafted features. To overcome these
limitations, we use graph learning to study choice in networked contexts. We
identify three ways in which graph learning techniques can be used for discrete
choice: learning chooser representations, regularizing choice model parameters,
and directly constructing predictions from a network. We design methods in each
category and test them on real-world choice datasets, including county-level
2016 US election results and Android app installation and usage data. We show
that incorporating social network structure can improve the predictions of the
standard econometric choice model, the multinomial logit. We provide evidence
that app installations are influenced by social context, but we find no such
effect on app usage among the same participants, which instead is habit-driven.
In the election data, we highlight the additional insights a discrete choice
framework provides over classification or regression, the typical approaches.
On synthetic data, we demonstrate the sample complexity benefit of using social
information in choice models.
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