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Reminds me of the interaction between two automated amazon pricing algorithms: http://www.michaeleisen.org/blog/?p=358 http://www.michaeleisen.org/blog/?p=358
by dividuum 12y ago
Reminds me of the interaction between two automated amazon pricing algorithms: http://www.michaeleisen.org/blog/?p=358 http://www.michaeleisen.org/blog/?p=358
- dkarapetyan 12y agoThis still exists to some extent. Many sellers use software that will match on the high end and the low end. In fact if you want to buy a book but think it is too expensive then a really easy way to game the system is to put up a fake listing with the price you are willing to pay and see if any sellers creep closer to your price. Chances are there are one or two sellers that are willing to sell whatever they have listed for cheaper.