Virtual competition : (Record no. 171674)

MARC details
000 -LEADER
fixed length control field 02518nam a22002897a 4500
003 - CONTROL NUMBER IDENTIFIER
control field IIITD
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20231129201733.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 231129b xxu||||| |||| 00| 0 eng d
010 ## - LIBRARY OF CONGRESS CONTROL NUMBER
LC control number 2016018188
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9780674241589
040 ## - CATALOGING SOURCE
Original cataloging agency MH/DLC
Language of cataloging eng
Transcribing agency MH
Description conventions rda
Modifying agency IIITD
042 ## - AUTHENTICATION CODE
Authentication code pcc
050 00 - LIBRARY OF CONGRESS CALL NUMBER
Classification number HF5548.32
Item number .E996 2016
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 381.142
Edition number 23
Item number EZR-V
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Ezrachi, Ariel
245 ## - TITLE STATEMENT
Title Virtual competition :
Remainder of title the promise and perils of the algorithm-driven economy
Statement of responsibility, etc by Ariel Ezrachi, Maurice E. Stucke
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc London :
Name of publisher, distributor, etc Harvard University Press,
Date of publication, distribution, etc ©2016
300 ## - PHYSICAL DESCRIPTION
Extent viii, 356 p. :
Other physical details ill. ;
Dimensions 21 cm.
504 ## - BIBLIOGRAPHY, ETC. NOTE
Bibliography, etc This book includes bibliographical references and index.
520 ## - SUMMARY, ETC.
Summary, etc In 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.--
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Electronic commerce.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Pricing
General subdivision Technological innovations.
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Stucke, Maurice E.
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
a 7
b cbc
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f 20
g y-gencatlg
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Books
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Collection code Home library Current library Shelving location Date acquired Bill No. Bill Date Cost, normal purchase price PO No. PO Date Total Checkouts Full call number Barcode Date last seen Cost, replacement price Price effective from Vendor/Supplier Koha item type
    Dewey Decimal Classification     Social Science IIITD IIITD General Stacks 29/11/2023 TB2634 2023-11-24 1237.64 IIITD/LIC/BS/2021/03/48 2023-09-04   381.142 EZR-V 012460 29/11/2023 $22 29/11/2023 Technical Bureau India Pvt. Ltd. Books
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