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GA Russell · 06-03-2011, 01:15 PM

Here's an interesting blog that shows how Amazon Marketplace Sellers use algorithms to price their books - Their prices depend upon what their competitors charge.

Unfortunately, they don't always pay attention to what their computers are doing, and in one case the price of the book was set at $23,698,655.93!

http://www.michaeleisen.org/blog/?p=358#

06-03-2011, 01:15 PM	#1
GA Russell Ticats win 4th straight Posts: 7,695 Karma: 31487351 Join Date: Aug 2009 Location: Raleigh, NC Device: Paperwhite, Kindles 10 & 4 and jetBook Lite	The $23,698,655.93 book at Amazon Here's an interesting blog that shows how Amazon Marketplace Sellers use algorithms to price their books - Their prices depend upon what their competitors charge. Unfortunately, they don't always pay attention to what their computers are doing, and in one case the price of the book was set at $23,698,655.93! http://www.michaeleisen.org/blog/?p=358#