Wednesday, October 28, 2009

Maximizing the Marginal Revenue of Candy

Writing in the Digits blog for The Wall Street Journal, Geoffrey A. Fowler notes a fabulous new use of crowdsourcing:
The folks at have created their first Trick or Treat Housing Index, which draws on the site’s real estate data to determine the top-five neighborhoods in Seattle and Los Angeles to maximize candy intake this Saturday.

How’d they do that? “There is a common belief that wealthy neighborhoods are the Holy Grail for harvesting the most Halloween candy,” blogs Zillow’s Whitney Tyner. But to provide what it calls a more holistic approach, Zillow factored in home values alongside additional data on population density, neighborhood walkability, and local crime. “Based on those variables, this Index represents neighborhoods that will provide the most candy, with the least walking, and minimum safety risks,” she wrote.
I'm doing my best to stay up on social networking and new ways to use technology to benefit both the masses and me.  Once this service comes to Ottawa, I think we will have reached the pinnacle of the utility of new technology.

At least, I'm sure my daughter will think so.

(H/T: Radley Balko.)

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