AI offers great benefits to retailers, but using personal data to set individualized prices, called surveillance pricing, ...
What is algorithmic pricing? The Canadian Competition Bureau broadly defines it as “the process of using automated algorithms to set or recommend prices for products of services, often in real time, ...
The case centres on allegations that multiple property managers and landlords delegated rent-setting to a common algorithm: RealPage’s revenue management software. This software allegedly used ...
Data-driven AI systems increasingly influence our choices, raising concerns about autonomy, fairness, and accountability. Achieving algorithmic autonomy requires new infrastructures, motivation ...
All mainstream credit card numbers obey a mathematical trick designed to catch the most common typos. It’s called the Luhn algorithm, named after IBM researcher Hans Peter Luhn, who patented it in ...
While it was once something only Wall Street players could afford, algorithmic trading is now accessible to smaller investors and startups. Algorithmic trading is when you use computer programs to ...
One company choosing to use a quick and reactive pricing algorithm could lead its competitors to increase prices, leading to customers facing higher costs across the board, according to a recent study ...