Bayesian mixture of Plackett-Luce models for partially ranked data
Cristina Mollica, Luca Tardella

TL;DR
This paper introduces a Bayesian mixture of Plackett-Luce models to better analyze partially ranked data, capturing unobserved heterogeneity and improving inference through efficient algorithms and diagnostic tools.
Contribution
It develops a Bayesian finite mixture model for partially ranked data, integrating latent group structure and providing novel inference and model selection methods.
Findings
Effective Bayesian inference for heterogenous ranking data
Comparison shows improved performance over frequentist and nonparametric methods
Diagnostic tools enhance understanding of ranking data heterogeneity
Abstract
The elicitation of an ordinal judgment on multiple alternatives is often required in many psychological and behavioral experiments to investigate preference/choice orientation of a specific population. The Plackett-Luce model is one of the most popular and frequently applied parametric distributions to analyze rankings of a finite set of items. The present work introduces a Bayesian finite mixture of Plackett-Luce models to account for unobserved sample heterogeneity of partially ranked data. We describe an efficient way to incorporate the latent group structure in the data augmentation approach and the derivation of existing maximum likelihood procedures as special instances of the proposed Bayesian method. Inference can be conducted with the combination of the Expectation-Maximization algorithm for maximum \textit{a posteriori} estimation and the Gibbs sampling iterative procedure. We…
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Taxonomy
TopicsEconomic and Environmental Valuation · Consumer Market Behavior and Pricing · Decision-Making and Behavioral Economics
