Virtual competition : the promise and perils of the algorithm-driven economy /

In this book Ariel Ezrachi and Maurice Stucke take a hard look at today's app-assisted 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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Ezrachi, Ariel, 1971- (Autor), Stucke, Maurice E. (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Cambridge, Massachusetts : Harvard University Press, 2016.
Temas:
Electronic commerce.
Pricing > Technological innovations.
Commerce électronique.
Prix > Fixation > Innovations.
BUSINESS & ECONOMICS > Commerce.
BUSINESS & ECONOMICS > Marketing > General.
BUSINESS & ECONOMICS > Sales & Selling > General.
BUSINESS & ECONOMICS / General
Electronic commerce
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Part I. Setting the scene: The promise of a better competitive environment
  • New economic reality: The rise of big data and big analytics
  • Light touch antitrust
  • Looking beyond the facade of competition
  • Part II. The collusion scenarios: The messenger scenario
  • Hub and spoke
  • Tacit collusion on steroids: The predictable agent
  • Artificial intelligence, God view, and the digital eye
  • Part III. Behavioral discrimination: Price discrimination (briefly) explained
  • The age of perfect price discrimination?
  • The rise of "almost perfect" behavioral discrimination
  • Behavioral discrimination: Economic and social perspectives
  • The comparison intermediaries
  • Part IV. Frenemies: The dynamic interplay among frenemies
  • Extraction and capture
  • "Why invite a arsonist to your home?": Understanding the frenemy mentality
  • The future of frenemy: The rise of personal assistants
  • Part V. Intervention: To regulate or not to regulate
  • The enforcement toolbox
  • Final reflections.

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