MIT Billion Prices project

From Wikipedia, the free encyclopedia
Jump to: navigation, search

The Billion Prices Project (BPP) is a project started by MIT Sloan School of Management professors Alberto Cavallo[1] and Roberto Rigobon,[2] which aggregates price information from multitude of online retailers around the world and gives real time inflation predictions.[3]

BPP monitored daily price fluctuations of ~5 million items sold by ~300 online retailers in more than 70 countries.[4]

Media coverage[edit]

Business Insider published an article Is MIT's Billion Prices Project Warning Of A Large Spike Up In The CPI[5] predicting the spike in CPI.

MIT covers in its news "Billion Prices Project: Introducing real-time economics".[6]

References[edit]

  1. ^ "Alberto F Cavallo". Retrieved 25 April 2011. 
  2. ^ "Roberto Rigobon". Retrieved 25 April 2011. 
  3. ^ DuVergne Smith, Nancy. "Billion Prices Project: Introducing Real-Time Economics". Retrieved 25 April 2011. 
  4. ^ DuVergne Smith, Nancy. "Billion Prices Project: Introducing Real-Time Economics". Retrieved 25 April 2011. 
  5. ^ Weisenthal, Joe. "Is MIT's Billion Prices Project Warning Of A Large Spike Up In The CPI?". Retrieved 25 April 2011. 
  6. ^ DuVergne Smith, Nancy. "Billion Prices Project: Introducing real-time economics". MIT. Retrieved 25 April 2011. 

External links[edit]