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Yashi

Saturday, July 26, 2014

ScienceDaily: Information Technology News

ScienceDaily: Information Technology News


Scalping can raise ticket prices

Posted: 25 Jul 2014 11:46 AM PDT

A new study finds that resale markets like Craigslist can add value to tickets sold by concert venues and Ticketmaster.

Collecting just the right data: Algorithm helps identify which data to target

Posted: 25 Jul 2014 08:08 AM PDT

Much artificial-intelligence research addresses the problem of making predictions based on large data sets. An obvious example is the recommendation engines at retail sites like Amazon and Netflix. But some types of data are harder to collect -- information about geological formations thousands of feet underground, for instance. And in other applications -- such as trying to predict the path of a storm -- there may just not be enough time to crunch all the available data. When you can't collect all the data you need, a new algorithm tells you which to target.

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