Virtual competition : (Record no. 30588)
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000 -LEADER | |
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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Withdrawn status | |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. |
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 |
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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 |