Podcast: How pricing algorithms learn to collude

Algorithms now determine how much things cost. It’s called dynamic pricing and it adjusts according to current market conditions in order to increase profits. The rise of e-commerce has propelled pricing algorithms into an everyday occurrence—whether you’re shopping on Amazon, booking a flight, hotel or ordering an Uber. In this continuation of our series on…
https://www.technologyreview.com/2021/10/27/1038835/podcast-how-pricing-algorithms-learn-to-collude/?utm_source=dlvr.it&utm_medium=blogger