Big Data and Differential Pricing¶
Executive Office of the President of the United States, C. o. E. A. (2015). Big Data and Differential Pricing.
Cited by¶
1 citation across 1 artifact.
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Primes¶
- Price Discrimination
- In online marketplaces, personalized pricing — where the same good shown to different users at different times carries different prices based on inferred willingness to pay — is an emerging and controversial form approaching first-degree price discrimination, enabled by algorithmic processing of large datasets as flagged in the U.S. Council of Economic Advisers' 2015 Big Data report (Executive Office of the President 2015).
This sourceSurveys empirical and theoretical evidence on online personalized pricing and raises consumer-protection and welfare concerns about algorithmic discrimination.
- In online marketplaces, personalized pricing — where the same good shown to different users at different times carries different prices based on inferred willingness to pay — is an emerging and controversial form approaching first-degree price discrimination, enabled by algorithmic processing of large datasets as flagged in the U.S. Council of Economic Advisers' 2015 Big Data report (Executive Office of the President 2015).
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