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Virtual Competition: The Promise and Perils of the Algorithm-Driven Economy

Ariel Ezrachi, Maurice E. Stucke




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 | #696096 in Books |  Ezrachi Ariel |  2016-11-14 | Original language:English |  9.30 x1.10 x6.30l,.0 | File type: PDF | 368 pages

 | Virtual Competition The Promise and Perils of the Algorithm Driven Economy

||0 of 2 people found the following review helpful.| Three Stars|By John Charles Johnson|This is good and alerts you about the future.|6 of 8 people found the following review helpful.| It's A New World in Retail - Will Competitive Pricing Become an Illusion?|By Loyd Eskildson|The U.S. Census estimates that 3o-commerce has increased from 2% of U.S. retail sales in 2004 to 6% in| |[Ezrachi and Stucke] make a convincing argument that there can be a darker side to the growth of digital commerce. The replacement of the invisible hand of competition by the digitized hand of internet commerce can give rise to anticompetitive behavior that th

Shoppers with Internet access and a bargain-hunting impulse can find a universe of products at their fingertips. In this thought-provoking exposé, 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, a...

You can specify the type of files you want, for your gadget.Virtual Competition: The Promise and Perils of the Algorithm-Driven Economy   |  Ariel Ezrachi, Maurice E. Stucke. A good, fresh read, highly recommended.

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