Competition overdose : how free market mythology transformed us from citizen kings to market servants, Stucke Maurice E., Ezrachi Ariel
Автор: Ezrachi Ariel, Stucke Maurice E. Название: Virtual Competition: The Promise and Perils of the Algorithm-Driven Economy ISBN: 0674545478 ISBN-13(EAN): 9780674545472 Издательство: Harvard University Press Рейтинг: Цена: 28460.00 T Наличие на складе: Поставка под заказ. Описание: Ariel Ezrachi and Maurice Stucke take a hard look at today`s app-assisted paradise of digital shopping. The algorithms and data-crunching that make online purchasing so convenient are also changing the nature of the market by shifting power into the hands of the few, with risks to competition, our democratic ideals, and our overall well-being.
"A fascinating book about how platform internet companies (Amazon, Facebook, and so on) are changing the norms of economic competition." --Fast Company
Shoppers with a bargain-hunting impulse and internet access can find a universe of products at their fingertips. But is there a dark side to internet commerce? This thought-provoking expos invites us to explore how sophisticated algorithms and data-crunching are changing the nature of market competition, and not always for the better. Introducing into the policy lexicon terms such as algorithmic collusion, behavioral discrimination, and super-platforms, Ariel Ezrachi and Maurice E. Stucke explore the resulting impact on competition, our democratic ideals, our wallets, and our well-being.
"We owe the authors our deep gratitude for anticipating and explaining the consequences of living in a world in which black boxes collude and leave no trails behind. They make it clear that in a world of big data and algorithmic pricing, consumers are outgunned and antitrust laws are outdated, especially in the United States." --Science
"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 the competition authorities are ill equipped to deal with." --Burton G. Malkiel, Wall Street Journal
"A convincing case for the need to rethink competition law to cope with algorithmic capitalism's potential for malfeasance." --John Naughton, The Observer
