Advil or Excedrin? New model helps predict product choices

Friday, May 30, 2008 - 13:28 in Mathematics & Economics

In today's world, consumers face a dizzying array of product choices. Most often, there's not just one ideal product; it depends on the individual and the context. A beer might be perfect for relaxing after work; a sports beverage after jogging. And a teenager's ideal beverage isn't the same as a business executive's.

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