Dynamic pricing employs machine learning and artificial intelligence to identify when the cost of goods and services should ...
So why the backlash? Because people notice price increases more often than price decreases. A surge price during a busy hour ...
Banning dynamic pricing would not make prices fairer. It would make them stickier, and, in many cases, higher. Lawmakers ...
A recent survey found that nearly 70% of Americans are concerned about surveillance pricing jacking up the cost of goods — ...
Closeup of a digital price tag for Liquid IV inside a Walmart supercenter - PJ McDonnell/Shutterstock Imagine going grocery shopping and passing by a bottle of ketchup for $3. Then, when you glance ...
The City Council wants to keep the price right. New York could become the nation’s first city to ban a “predatory” algorithm-fueled pricing scheme that exploits personal data to charge different ...
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 ...
Most Canadians want the government to ban or regulate the use of algorithms to set prices, a new poll suggests — with half of ...
Earlier this year, New York enacted its Algorithmic Pricing Disclosure Act, a first-of-its-kind statute that requires certain businesses to include a written disclosure if a price is set using an ...
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