In Machines We Trust: How pricing algorithms learn to collude
MIT Technology Review Narrated
00:00
How to Optimize Your Pricing Algorithms
Pricing systems are getting better at managing complexity and balancing competing goals. How they behave, what product that you're offering can be factored in to your pricing optimization algorithms. These constraints are important because left unbound pricing algorithms can simply prioritize higher prices. Another issue is making sure those prices don't reinforce systemic bias.
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