Given the advent of basket-level purchasing data of households, choice modelers are actively engaged in the development of statistical and econometric models of multi-category choice behavior of households. This paper reviews current developments in this area of research, discussing the modeling methodologies that have been used, the empirical findings that have emerged so far, and directions for future research. We also motivate the use of Bayesian methods to overcome the computational challenges involved in estimation.
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Univ Hong Kong, Dept Stat & Actuarial Sci, Hong Kong, Hong Kong, Peoples R ChinaUniv Hong Kong, Dept Stat & Actuarial Sci, Hong Kong, Hong Kong, Peoples R China
Liu, Yin
Tian, Guo-Liang
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Univ Hong Kong, Dept Stat & Actuarial Sci, Hong Kong, Hong Kong, Peoples R ChinaUniv Hong Kong, Dept Stat & Actuarial Sci, Hong Kong, Hong Kong, Peoples R China
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Dalian Univ Technol, Sch Comp Sci & Technol, Dalian 116023, Peoples R ChinaDalian Univ Technol, Sch Comp Sci & Technol, Dalian 116023, Peoples R China
Liu, Xiulong
Li, Keqiu
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Dalian Univ Technol, Sch Comp Sci & Technol, Dalian 116023, Peoples R ChinaDalian Univ Technol, Sch Comp Sci & Technol, Dalian 116023, Peoples R China
Li, Keqiu
Liu, Alex X.
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Nanjing Univ, State Key Lab Novel Software Technol, Nanjing 210093, Jiangsu, Peoples R China
Michigan State Univ, Dept Comp Sci & Engn, E Lansing, MI 48824 USADalian Univ Technol, Sch Comp Sci & Technol, Dalian 116023, Peoples R China
Liu, Alex X.
Guo, Song
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Hong Kong Polytech Univ, Dept Comp, Hong Kong, Hong Kong, Peoples R ChinaDalian Univ Technol, Sch Comp Sci & Technol, Dalian 116023, Peoples R China
Guo, Song
Shahzad, Muhammad
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North Carolina State Univ, Dept Comp Sci, Raleigh, NC 27606 USADalian Univ Technol, Sch Comp Sci & Technol, Dalian 116023, Peoples R China
Shahzad, Muhammad
Wang, Ann L.
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Michigan State Univ, Dept Comp Sci & Engn, E Lansing, MI 48824 USADalian Univ Technol, Sch Comp Sci & Technol, Dalian 116023, Peoples R China
Wang, Ann L.
Wu, Jie
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Temple Univ, Dept Comp & Informat Sci, Philadelphia, PA 19122 USADalian Univ Technol, Sch Comp Sci & Technol, Dalian 116023, Peoples R China
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Univ London London Sch Econ & Polit Sci, Dept Math, London WC2A 2AE, EnglandUniv London London Sch Econ & Polit Sci, Dept Math, London WC2A 2AE, England
Anthony, Martin
Ratsaby, Joel
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Ariel Univ, Ctr Samaria, Elect & Elect Engn Dept, IL-40700 Ariel, IsraelUniv London London Sch Econ & Polit Sci, Dept Math, London WC2A 2AE, England