4 ms·
Bot 2 sells higher because it needs to buy the book from Bot 1. It's either in the article on in the links inside.
by JetSpiegel 13y ago
Bot 2 sells higher because it needs to buy the book from Bot 1. It's either in the article on in the links inside.
- nickff 13y agoWhy does it need to buy the book at all?
- mcguire 13y agoBecause someone paid the owner of Bot2 for it.
- llimllib 13y agothat doesn't work on amazon, any book with an ISBN will get condensed into one listing. You can get a little tricky with it, but not enough to allow intra-market arbitrage. I understand that he's claiming it exists, and it might with other products, but my experience was that it does not with books.
- JetSpiegel 13y agoHow doesn't it work? The buyer buys more expensive because the seller might have a better feedback score.
- llimllib 13y agoBuyers are willing to pay a very small premium for feedback score. Furthermore, one of the bots will know that it has a lower feedback score, immediately killing any hypothetical positive feedback loop.