Virtual competition : the promise and perils of the algorithm-driven economy /
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Author / Creator: | Ezrachi, Ariel, 1971- author. |
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Imprint: | Cambridge, Massachusetts : Harvard University Press, 2016. |
Description: | 1 online resource (viii, 356 pages) : illustrations |
Language: | English |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/13566725 |
Table of Contents:
- Part 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, God view, and the digital eye
- Part III. Behavioral discrimination: Price discrimination (briefly) 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
- The future of frenemy: The rise of personal assistants
- Part V. Intervention: To regulate or not to regulate
- The enforcement toolbox
- Final reflections.