Surveillance Pricing: Exploiting Information Asymmetries
lpeproject.org
Surveillance Pricing: Exploiting Information Asymmetries
1–10 of 55 posts
Re: Surveillance Pricing: Exploiting Information Asymmetries
#2This is really making me consider going back to all cash and local purchases. Maybe prepaid debit cards and a PO box for when I need to order something online.
Re: Surveillance Pricing: Exploiting Information Asymmetries
#3This can't happen in EU. Thanks again.
Re: Surveillance Pricing: Exploiting Information Asymmetries
#4Based on the title, I assumed this would be about how the consumer could grasp and then counter-utilize the pricing differences these algorithms produce.
For example, understanding that you are being “targeted” by these algorithm for premium extraction and taking measures such as spinning up VPNs, clearing cache/history, etc to save the consumer from overpaying.
Seems like a good market for such a product would exist…
Re: Surveillance Pricing: Exploiting Information Asymmetries
#5This can't happen in EU. Thanks again.
"Can't"?
Re: Surveillance Pricing: Exploiting Information Asymmetries
#6The article describes Uber's surge pricing as a form of surveillance pricing, but this is misleading. The primary purpose of surge pricing isn't to maximize profit, it's to increase supply. Dynamic pricing in a 2-sided network is different than in retailing.
Re: Surveillance Pricing: Exploiting Information Asymmetries
#7This is really making me consider going back to all cash and local purchases. Maybe prepaid debit cards and a PO box for when I need to order something online.
It's more important now than ever to spend an extra 2 dollars shopping locally. Your neighbors will appreciate it. Bezos will build another rocket and cut more jobs.
Re: Surveillance Pricing: Exploiting Information Asymmetries
#8Based on the title, I assumed this would be about how the consumer could grasp and then counter-utilize the pricing differences these algorithms produce. For example, understanding that you are being “targeted” by these algorithm for premium extraction and taking measures such as spinning up VPNs, clearing cache/history, etc to save the consumer from overpaying. Seems like a good market for such a product would exist…
I’m not sure that’ll help at the supermarket
Re: Surveillance Pricing: Exploiting Information Asymmetries
#9The article describes Uber's surge pricing as a form of surveillance pricing, but this is misleading. The primary purpose of surge pricing isn't to maximize profit, it's to increase supply. Dynamic pricing in a 2-sided network is different than in retailing.
> The primary purpose of surge pricing isn't to maximize profit, it's to increase supply.
Hm. This doesn't pass the sniff test for me.
If say 500 people take an Uber to a venue or need an Uber from the airport, increasing the price more often than not is just going to increase revenue. The price increase doesn't force you into an alternative choice if there are no alternatives.
Many places don't have substantial taxi or similar services, and public transit doesn't meet that same need with people in suburbs / ex-urbs / rural.
Re: Surveillance Pricing: Exploiting Information Asymmetries
#10The article describes Uber's surge pricing as a form of surveillance pricing, but this is misleading. The primary purpose of surge pricing isn't to maximize profit, it's to increase supply. Dynamic pricing in a 2-sided network is different than in retailing.
Can you explain why they are mutually exclusive?