Ceres is the most important asteroid, having over half the mass of the entire asteroid belt. Vesta is the third largest, and smallest one to have enough gravity to crunch into a spherical shape.
Any time two bodies collide or, if they are large enough to have significant gravity, nearly collide, they are going to change their direction of travel. Typically, both bodies after a collision will have less energy than they did before, some having been dissipated into heat by the process of deformation. At most, you would only expect a little more energy in the smaller one. By orbital mechanics, that means that they are probably going to go from nice, nearly circular orbits to something more elliptical, with the long axis of the ellipse smaller than the previous radius. Towards the Sun, broadly speaking, is downhill in the Solar System, and away from the Sun is uphill.
Since objects in orbit are traveling pretty fast, and their relative speed, that is, the speed of collision, is small in comparison, they will probably mostly stay on their previous courses, so they will probably not be knocked very far out of the ecliptic.
You would need to know the position of a huge number of objects to fantastic precision to be able to predict the collision of small bodies very far in the future, so in that sense it is chaotic.
Bodies collided alllllll the time in the early history of the Solar System, but by now most of the collisions that were gonna happen, have happened. They are relatively sparse now. And yes, there are lots of people modeling planetary formation.