Archive

You are viewing the "Online Algorithm" Archives

A keyboard key has a shopping cart on it.

Online pricing algorithms are gaming the system, and could mean you pay more

By:
Posted on:

WASHINGTON, D.C. (NPR) — If you’ve shopped online recently, you may have had this experience: You find an item, add it to your cart, and then when you get around to paying, the price has increased. You can thank pricing algorithms. These are computer programs that look at factors such as supply, demand and the… Read More