Patent №
US 11,842,358
Granted
2023-12-12
Filed 2021
Owner
THE NIELSEN COMPANY (US), LLC
+1 more
Lab
—
AI components
5
ml · kr · planning · evo · hardware
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
17345950
Methods and apparatus are disclosed to model consumer choices. An example method includes adding, with a processor, a set of products having respondent choice data to a base multinomial logit (MNL) model, the base MNL model including an item utility parameter and a price utility parameter associated with corresponding ones of products in the set of products, generating, with the processor, a number of copies of the base MNL model to form an aggregate model based on a number of the corresponding ones of products in the set of products, each one of the number of copies of the base MNL model exhibiting an effect of an independence of irrelevant alternatives (IIA) property, proportionally affecting interrelationships, with the processor, between dissimilar ones of the number of products in the set by inserting sourcing effect values in the aggregate model to be subtracted from respective ones of the item utility parameters, estimating, with the processor, the item utility parameters of the aggregate model based on the number of copies of the base MNL model and the respondent choice data, and calculating, with the processor, the choice probability for the corresponding ones of the products in the set of products based on the estimated item utility parameters and the price utility parameters.
AI classification
Ownership
THE NIELSEN COMPANY (US), LLC
assignment · 569120960
NIELSEN CONSUMER LLC
assignment · 569130001
Assignors
WAGNER, JOHN G.
On an employer assignment, the assignors are typically the inventors.