Скачать или смотреть Episode 21 - Fair Fares? How Airlines Get Away with Dynamic Pricing

Why do some people pay $120 and others pay $650 for a seat on the same airplane? Or the same car insurance policy? Differential pricing is everywhere but it is especially prevalent in opaque, algorithm-driven markets.

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Show Notes
Is it fair to charge differently for different people? In our first episode on price discrimination, we explored instances where retailers charged different prices for the same item based on whom they were selling to. Why do we, as consumers, accept these differences where there is little market transparency?

Find a full transcript for this episode on our website at http://datascienceethics.com/podcast/...

Additional Links on Dynamic Pricing in Airfares
Orbitz Shows Higher Prices to Mac Users http://business.time.com/2012/06/26/o... Time article detailing Orbitz’s use of computer operating system as a factor for changing the ranking of hotel offerings displayed on their site

Measuring Price Discrimination and Steering on E-commerce Web Sites https://cbw.sh/static/pdf/imc151-hann... Research paper from Northeastern University which sites numerous instances of differential pricing and price discrimination including Orbitz

Exposing price discrimination in online shopping (Marketplace)    • Exposing price discrimination in online sh...   YouTube video from CBC (Canadian Broadcast Company) showing how personal information is used for price discrimination

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