Virtual Competition : : The Promise and Perils of the Algorithm-Driven Economy / / Ariel Ezrachi.
Shoppers with Internet access and a bargain-hunting impulse can find a universe of products at their fingertips. In this thought-provoking exposé, Ariel Ezrachi and Maurice Stucke invite us to take a harder look at today’s app-assisted paradise of digital shopping. While consumers reap many benefits...
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| Superior document: | Title is part of eBook package: De Gruyter Harvard University Press Complete eBook-Package 2016 |
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| Place / Publishing House: | Cambridge, MA : : Harvard University Press, , [2017] ©2016 |
| Year of Publication: | 2017 |
| Language: | English |
| Online Access: | |
| Physical Description: | 1 online resource (300 p.) :; 3 halftones, 3 graphs |
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Table of Contents:
- Frontmatter
- Contents
- Preface
- Part I. Setting the Scene
- 1. The Promise of a Better Competitive Environment
- 2. New Economic Reality: Th e Rise of Big Data and Big Analytics
- 3. Light Touch Antitrust
- 4. Looking beyond the Façade of Competition
- Part II. The Collusion Scenarios
- 5. The Messenger Scenario
- 6. Hub and Spoke
- 7. Tacit Collusion on Ste roids: The Predictable Agent
- 8. Artificial Intelligence, God View, and the Digital Eye
- Part III. Behavioral Discrimination
- 9. Price Discrimination (Briefly) Explained
- 10. The Age of Perfect Price Discrimination?
- 11. The Rise of “Almost Perfect” Behavioral Discrimination
- 12. Behavioral Discrimination: Economic and Social Perspectives
- 13. The Comparison Intermediaries
- Part IV. Frenemies
- 14. The Dynamic Interplay among Frenemies
- 15. Extraction and Capture
- 16. “Why Invite an Arsonist to Your Home?” Understanding the Frenemy Mentality
- 17. The Future of Frenemy: Th e Rise of Personal Assistants
- Part V. Intervention
- 18. To Regulate or Not to Regulate
- 19. The Enforcement Toolbox
- Final Reflections
- Notes
- Acknowledgments
- Index