Results 261 to 270 of about 6,516,300 (304)

Algorithmic Pricing Facilitates Tacit Collusion

Proceedings of the 23rd ACM Conference on Economics and Computation, 2022
As the economy digitizes, menu costs fall, and firms can more easily monitor prices. These trends have led to the rise of automatic pricing tools. We employ a novel e-commerce dataset to examine the potential implications of these developments on price ...
Leon Musolff
openaire   +2 more sources

Algorithmic pricing in hospitality and tourism: call for research on ethics, consumer backlash and CSR

Journal of Hospitality and Tourism Insights, 2022
PurposeThis viewpoint paper calls for research on the social impact that comes with implementing algorithmic pricing in hospitality and tourism, in particular online price discrimination.
Jean-Pierre I. van der Rest   +3 more
semanticscholar   +1 more source

Human-algorithm interaction: Algorithmic pricing in hybrid laboratory markets

European Economic Review, 2022
This paper investigates pricing in laboratory markets when human players interact with an algorithm. We compare the degree of competition when exclusively humans interact to the case of one firm delegating its decisions to an algorithm, an n-player generalization of tit-for-tat.
Hans-Theo Normann, Martin Sternberg
openaire   +4 more sources

Who is pulling the strings in the platform economy? Accounting for the dark and unexpected sides of algorithmic control

Organization, 2021
This paper aims to address the dark side perspective on digital control and surveillance by emphasizing the affective grip of ideological control, namely the process that silently ensures the subjugation of digital labour, and which keeps the ...
Edouard Pignot
semanticscholar   +1 more source

Dynamic Pricing Algorithms, Consumer Harm, and Regulatory Response

Social Science Research Network, 2021
Pricing algorithms are rapidly transforming markets, from ride-sharing, to air travel, to online retail. Regulators and scholars have watched this development with a wary eye.
Alexander Mackay, Samuel Weinstein
semanticscholar   +1 more source

Collusion by code or algorithmic collusion? When pricing algorithms take over

, 2020
As algorithmic pricing becomes more widespread, the discussion about the extent to which the use of algorithms results in an increase of collusion also intensifies.
Lea Bernhardt, R. Dewenter
semanticscholar   +1 more source

Dynamic pricing: ecommerce - oriented price setting algorithm

Proceedings of the 2003 International Conference on Machine Learning and Cybernetics (IEEE Cat. No.03EX693), 2004
Pricing in electronic commerce is based on bargaining. Pricing models that can fast change prices during transaction on the consequence of the buyer's needs is beneficial to electronic commerce. Demand sensitive model is one of the pricing models that can be used for fast changes of prices in electronic commerce.
L.M. Minga   +2 more
openaire   +1 more source

Beyond Convenience: Exploring the Hidden Impact of Algorithmic Pricing on Consumer Trust and Loyalty in Chinese Online Travel Agencies

The international journal of tourism research
The emergence of online travel agencies (OTAs) provides travelers with “one‐stop” convenience, but also faces issues of price discrimination. This mixed‐methods study began with semi‐structured interviews of 30 participants to explore initial perceptions,
Kuo-Yan Wang   +3 more
semanticscholar   +1 more source

False Dreams of Algorithmic Fairness: The Case of Credit Pricing

, 2020
Credit pricing is changing. Traditionally, lenders priced consumer credit by using a small set of borrower and loan characteristics, sometimes with the assistance of loan officers.
Talia B. Gillis
semanticscholar   +1 more source

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