Virtual competition : (Record no. 30588)

MARC details
000 -LEADER
fixed length control field 00515nam a22001577a 4500
952 ## - LOCATION AND ITEM INFORMATION (KOHA)
Withdrawn status
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 180409b2016 xxu||||| |||| 00| 0 eng d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9780674545472
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 381.142 EZR-A
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Ezrachi, Ariel
245 ## - TITLE STATEMENT
Title Virtual competition :
Remainder of title the promise and perils of the algorithm-driven economy /
Statement of responsibility, etc. Ariel Ezrachi and Maurice E. Stucke
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc. London
Name of publisher, distributor, etc. Harvard University Press
Date of publication, distribution, etc. 2016
300 ## - PHYSICAL DESCRIPTION
Extent 356 p.
365 ## - TRADE PRICE
Price type code INR
Price amount 799.00.
500 ## - GENERAL NOTE
General note Shoppers with Internet access and a bargain-hunting impulse can find auniverse of products at their fingertips. In this thought-provoking exposé, ArielEzrachi and Maurice Stucke invite us to take a harder look at today’sapp-assisted paradise of digital shopping. While consumers reap manybenefits from online purchasing, the sophisticated algorithms anddata-crunching that make browsing so convenient are also changing the natureof market competition and not always for the better.Computers colluding is one danger. Although long-standing laws preventcompanies from fixing prices, data-driven algorithms can now quickly monitorcompetitors’ prices and adjust their own prices accordingly. So what isseemingly beneficial—increased price transparency—ironically can end upharming consumers. A second danger is behavioral discrimination. Here,companies track and profile consumers to get them to buy goods at thehighest price they are willing to pay. The rise of super-platforms and their“frenemy” relationship with independent app developers raises a third danger.By controlling key platforms (such as the operating system of smartphones),data-driven monopolies dictate the flow of personal data and determine whogets to exploit potential buyers.<br/>Virtual Competition raises timely questions. To what extent does the “invisiblehand” still hold sway? In markets continually manipulated by bots andalgorithms, is competitive pricing an illusion? Can our current laws protectconsumers? The changing market reality is already shifting power into thehands of the few. Ezrachi and Stucke explore the resulting risks to competition,our democratic ideals and our economic and overall well-being.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Electronic commerce
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Stucke, Maurice E.
Holdings
Lost status Source of classification or shelving scheme Damaged status Not for loan Collection code Home library Current library Shelving location Date acquired Cost, normal purchase price Total Checkouts Full call number Barcode Date last seen Price effective from Koha item type
  Dewey Decimal Classification     380 BITS Pilani Hyderabad BITS Pilani Hyderabad General Stack (For lending) 09/04/2018 799.00   381.142 EZR-A 35272 26/07/2023 09/04/2018 Books
An institution deemed to be a University Estd. Vide Sec.3 of the UGC
Act,1956 under notification # F.12-23/63.U-2 of Jun 18,1964

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