Torch-Choice is an open-source library for choice modeling with Python and PyTorch, providing a ChoiceDataset data structure for efficient database management.
The package includes models like multinomial logit and nested logit, supporting regularization during model estimation.
It allows GPU utilization for scaling to large datasets with computational efficiency and offers flexibility in model initialization.
The package's computational efficiencies are compared with mlogit in R, showcasing scalability on large-scale datasets.