SYSTEM AND METHOD FOR PREDICTING THE DESIRE TO KEEP THE DOOR OPEN WHEN MAKING DECISIONS

SYSTEM AND METHOD FOR PREDICTING THE DESIRE TO KEEP THE DOOR OPEN WHEN MAKING DECISIONS

A method for monitoring user purchase making activity is described. The method includes logging a potential user purchase and purchase communications corresponding to a potential option available for purchase by a user. The method also includes predicting whether loss aversion is a factor in a purch...

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Bibliographische Detailangaben
Hauptverfasser: LYONS, Kenton Michael, HARINEN, Totte Harri, FILIPOWICZ, Alexandre Leo Stephen, CHEN, Francine R
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:A method for monitoring user purchase making activity is described. The method includes logging a potential user purchase and purchase communications corresponding to a potential option available for purchase by a user. The method also includes predicting whether loss aversion is a factor in a purchase making process of the potential option available for purchase by the user. The method further includes determining a purchase recommendation in response to identifying that the loss aversion is the factor in the potential purchase making process of the potential option available for purchase by the user. The method also includes displaying the purchase recommendation based on a use frequency of the option purchased by the user.