Thread: Amazon algorithms price bio book at over $23m
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Old 27th April 2011
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fossala fossala is offline
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This is the important part and why it happened.
Quote:
"Once a day profnath set their price to be 0.9983 times bordeebook's price," Eisen writes. "The prices would remain close for several hours, until bordeebook 'noticed' profnath's change and elevated their price to 1.270589 times profnath's higher price."
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