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This is almost surely the pricing algorithms of 3rd-party sellers going haywire. We've seen it before on Amazon: http://www.techdirt.com/articles/20110425/03522
by numlocked 13y ago
This is almost surely the pricing algorithms of 3rd-party sellers going haywire. We've seen it before on Amazon: http://www.techdirt.com/articles/20110425/03522114026/infinite-loop-algorithmic-pricing-amazon-how-book-flies-cost-2369865593.shtml http://www.techdirt.com/articles/20110425/03522114026/infini...
This is a classic antagonistic scenario for algorithms and it takes a lot of experience to get things to behave properly. Even the really sophisticated folks in financial markets get it wrong - HFT algorithms have run away from their creators in much the same way.