Behind the Amazon Marketplace, where top third-party sellers compete using rules-based algorithms and AI, adjusting prices sometimes thousands of times each day
Beneath the placid surface of product pages lies an unseen world of bots, algorithms, flash crashes and fierce competition. Tweets: @chadsquitieri , @wsjbusiness , and @mims Tweets: Chad Squitieri / @chadsquitieri : “The algorithm will...raise the price in a seller's catalog, to see if other sellers...follow suit” @MauriceStucke http://www.wsj.com/... @wsjbusiness : Behind your Amazon purchase, a cutthroat world of bots and high-speed trading http://www.wsj.com/... Christopher Mims / @mims : Amazon's seemingly mundane retail business is increasingly ruled by quants, bots, high speed traders, flash crashes http://www.wsj.com/...