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Virtual Competition - Ariel Ezrachi, Maurice E. Stucke
14970 Lei (-25%) 11228 Lei
Virtual Competition: The Promise and Perils of the Algorithm-Driven Economy Shoppers with Internet access and a bargain-hunting impulse can find a universe of products at their fingertips. In this thought-provoking expose, Ariel Ezrachi and Maurice Stucke invite us to take a harder look at today's app-assisted paradise of digital shopping. While consumers reap many benefits from online purchasing, the sophisticated algorithms and data-crunching that make browsing so convenient are also changing the nature of market competition, and not always for the better. Computers colluding is one danger. Although long-standing laws prevent companies from fixing prices, data-driven algorithms can now quickly monitor competitors' prices and adjust their own prices accordingly. So what is seemingly ... Virtual Competition - Ariel Ezrachi, Maurice E. Stucke Libris [ continua sa citesti.. ]
