Algorithm Needed; $25,000 Reward

It’s not quite the Netflix Prize — which paid $1 million to whoever could improve that company’s Cinematch recommendation algorithm by 10 percent — but there’s a new competition designed to predict magazine sales at newsstands. It’s being run by Hearst and the Direct Marketing Association. Rules are here; the top prize is $25,000. [%comments]

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  1. Meg says:

    Online contests are very popular among scientific community of data miners, because they provide the most objective and fair comparison of different algorithms. Many such competitions are hosted in TunedIT.org – http://tunedit.org/challenge – for instance a recent contest funded by TomTom was designed to predict traffic jams for GPS navigation.

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