A preprint study published by researchers at George Washington University presents evidence of social bias in the algorithms ride-sharing startups like Uber, Lyft, and Via use to price fares. In a ...
Dynamic pricing algorithms are quietly charging different grocery prices to different customers, and the higher prices are clustering in lower-income neighborhoods where shoppers have the fewest ...
Dynamic pricing adjusts prices in real-time based on demand, competition and market data. Amazon pioneered the strategy to ...
As price-setting by computer algorithm becomes increasingly prevalent, states are stepping in to address transparency and fairness concerns that federal legislation has yet to comprehensively tackle.
The only constant in life is change, the Greek philosopher Heraclitus famously said. When it comes to prices for goods and services online, sometimes the changes happen so fast it feels as though the ...
Dynamic and personalized pricing are reshaping how companies approach revenue optimization, but these strategies now face the headwinds of growing regulatory scrutiny. As state attorneys general, ...
Starting last summer, concerns over Delta using AI models to offer individualized hit headlines - so where do we stand in ...
A new study out of Columbia Business School claims Uber has been using a secretive algorithm to boost its profits, largely at the expense of both drivers and riders. The research, which analyzed tens ...