3 ms·
It's not that. It's basically the old question: can algorithms format cartels? I am strongly on the side of: yes, they can. In a time where most offerings are
by treffer 3y ago
It's not that. It's basically the old question: can algorithms format cartels?
I am strongly on the side of: yes, they can.
In a time where most offerings are public you just need to make sure you stay slightly above the p50 and prices will go up.
Similarly on the buying side of e.g. Ads most algorithms and platforms have a "bidding war avoidance". Stop bidding more even of it would make you money, in order to keep the proce low.
In all those cases you try to sync and rise /lower the price (as seller/buyer).
It's not about just estimating a price. It is doing that on a large scale with an algorithmic outcome of upwards price fixation.