Logic-Logit: A Logic-Based Approach to Choice Modeling
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Abstract (arXiv)
In this study, we propose a novel rule-based interpretable choice model, Logic-Logit, designed to effectively learn and explain human choices. Choice models have been widely applied across various domains---such as commercial demand forecasting, recommendation systems, and consumer behavior analysis---typically categorized as parametric, nonparametric, or deep network-based. While recent innovations have favored neural network approaches for their computational power, these flexible models often involve large parameter sets and lack interpretability, limiting their effectiveness in contexts where transparency is essential. Previous empirical evidence shows that individuals usually use heuristic decision rules to form their consideration sets, from which they then choose. These rules are often represented as disjunctions of conjunctions (i.e., OR-of-ANDs). These rules-driven, consider-then-choose decision processes enable people to quickly screen numerous alternatives while reducing cognitive and search costs. Motivated by this insight, our approach leverages logic rules to elucidate human choices, providing a fresh perspective on preference modeling. We introduce a unique combination of column generation techniques and the Frank-Wolfe algorithm to facilitate efficient rule extraction for preference modeling---a process recognized as NP-hard. Our empirical evaluation, conducted on both synthetic datasets and real-world data from commercial and healthcare domains, demonstrates that Logic-Logit significantly outperforms baseline models in terms of interpretability and accuracy.
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References · 5
- 2014Breaking the Curse of Dimensionality with Convex Neural Networkscited by 331
- 2019Generalized Linear Rule Modelscited by 36
- 2022Representing Random Utility Choice Models with Neural Networkscited by 13
- 2019Decision Forest: A Nonparametric Approach to Modeling Irrational Choicecited by 11
- 2023Consider or Choose? The Role and Power of Consideration Setscited by 2
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