000			05014cam a2200721 i 4500
001			u14471
003			SA-PMU
005			20210418125041.0
008			160511s2016 maua b 001 0 eng c
010			_a 2016018188
040			_aMH/DLC _beng _erda _cHLS _dDLC _dBTCTA _dYDXCP _dBDX _dYDX _dGK8 _dWEA _dYUS _dCZA _dVP@ _dVFL _dMOU _dCHVBK _dL2U _dLMR _dCLE _dBYV _dTCJ _dTUU _dOCLCA _dDHA
019			_a961874225
020			_a9780674545472 _q(cloth)
020			_a0674545478
024	8		_a40026643697
035			_a(OCoLC)946907251 _z(OCoLC)961874225
042			_apcc
050	0	0	_aHF5548.32 _b.E996 2016
082	0	0	_a381/.142 _223
084			_aLAW005000 _aBUS090000 _aLAW020000 _aBUS040000 _2bisacsh
084			_a381.142 _223
100	1		_aEzrachi, Ariel, _d1971- _eauthor.
245	1	0	_aVirtual competition : _bthe promise and perils of the algorithm-driven economy / _cAriel Ezrachi, Maurice E. Stucke.
264		1	_aCambridge, Massachusetts : _bHarvard University Press, _c2016.
300			_aviii, 356 pages : _billustrations ; _c25 cm
336			_atext _2rdacontent
337			_aunmediated _2rdamedia
338			_avolume _2rdacarrier
520			_aIn 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, and not always for the better. Computers colluding is one danger. Although longstanding laws prevent companies from fixing prices, data-driven algorithms can now quickly monitor competitors' prices and adjust their own prices accordingly. So what is seemingly beneficial--increased price transparency--ironically can end up harming consumers. A second danger is behavioral discrimination. Here, companies track and profile consumers to get them to buy goods at the highest price they are willing to pay. The rise of superplatforms and their "frenemy" relationship with independent app developers raises a third danger. By controlling key platforms (such as the operating system of smart phones), data-driven monopolies dictate the flow of personal data and determine who gets to exploit potential buyers. The book raises timely questions. To what extent does the "invisible hand" still hold sway? In markets continually manipulated by bots and algorithms, is competitive pricing an illusion? Can our current laws protect consumers? The changing market reality is already shifting power into the hands of the few. Ezrachi and Stucke explore the resulting risks to competition, our democratic ideals, and our economic and overall well-being.-- _cProvided by publisher
504			_aIncludes bibliographical references and index.
505	0		_aPart 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 -- Part III. Behavioral discrimination -- Price discrimination 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 -- Part V. Intervention -- To regulate or not to regulate -- The enforcement toolbox.
650		0	_aElectronic commerce.
650		0	_aPricing _xTechnological innovations.
650		7	_aLAW / Antitrust.
650		7	_aBUSINESS & ECONOMICS / E-Commerce / General (see also COMPUTERS / Electronic Commerce).
650		7	_aLAW / Consumer.
650		4	_aLAW / Antitrust.
650		4	_aBUSINESS & ECONOMICS / E-Commerce / General (see also COMPUTERS / Electronic Commerce).
650		4	_aLAW / Consumer.
650		7	_aElectronic Commerce _2gnd
650		7	_aPreispolitik _2gnd
650		7	_aWettbewerb _2gnd
650		7	_a86.78 information and communication law. _0(NL-LeOCL)077608399 _2nbc
700	1		_aStucke, Maurice E., _eauthor.
856			_zWorldCat Link _uhttp://worldcat.org/oclc/946907251
938			_aBrodart _bBROD _n116989602
938			_aYBP Library Services _bYANK _n12946599
938			_aBaker and Taylor _bBTCP _nBK0018709570
029	1		_aCHVBK _b40414764X
029	1		_aCHBIS _b010750964
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029	1		_aCHNEW _b000904375
942			_cBOOK
994			_aZ0 _bSUPMU
948			_hNO HOLDINGS IN SUPMU - 361 OTHER HOLDINGS
596			_a1 2
999			_c11096 _d11096