How Algorithmic Price Discrimination Squares With American Values
You are right that price discrimination can be good when it is fair and transparent, and that transparency is a good first step toward fairness.
To see how win-win and fair price discrimination can work and change the nature of commerce, consider the FairPay framework.
--An updated overview that factors in how AI can make this practical: https://www.fairpayzone.com/2024/11/fairpay-innovative-win-win-customer.html
--A list of key pieces, both theory and practice: https://www.fairpayzone.com/p/more.html
--Some key elements that enable fairness: https://www.fairpayzone.com/2019/07/the-elements-of-next-gen-relationships.html
--More on the history of the price tag and how it distorted commerce, plus link to an HBR article on FairPay: https://www.fairpayzone.com/2014/12/so-last-century-its-time-to-end-tyranny.html
You are right that price discrimination can be good when it is fair and transparent, and that transparency is a good first step toward fairness.
To see how win-win and fair price discrimination can work and change the nature of commerce, consider the FairPay framework.
--An updated overview that factors in how AI can make this practical: https://www.fairpayzone.com/2024/11/fairpay-innovative-win-win-customer.html
--A list of key pieces, both theory and practice: https://www.fairpayzone.com/p/more.html
--Some key elements that enable fairness: https://www.fairpayzone.com/2019/07/the-elements-of-next-gen-relationships.html
--More on the history of the price tag and how it distorted commerce, plus link to an HBR article on FairPay: https://www.fairpayzone.com/2014/12/so-last-century-its-time-to-end-tyranny.html