Microsoft to demo Prodcast - future price estimation tool for high-tech products
Thursday, July 14, 2011 - 07:01
in Mathematics & Economics
(PhysOrg.com) -- Microsoft Research has announced plans to demonstrate a service/product it calls Prodcast at next months Knowledge Discovery and Data mining conference, along with a paper titled "Ameliorating Buyers Remorse." Its purpose, the company says, is to offer consumers a means of avoiding the remorse felt when purchasing a product, only to see the price fall almost immediately thereafter.