
Week in Review: Amazon, SPD, and kids
Week In Review
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Amazon's Secret Pricing Algorithm: Project Nessie
The chapter explores the recently released filings that unveil Amazon's secret pricing algorithm called Project Nessie. It discusses how the algorithm was used to raise prices and test competitor reactions, generating over a billion dollars in profits for Amazon. The discussion also speculates on the significance of the name 'Nessie' and analyzes Jeff Bezos' move to Miami.
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