a good idea for other provinces to emulate thewalrus.ca/manitoba-moves-ag… #Canada #Manitoba #NDP

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in reply to caitp

"And at a minimum, there should be mandated transparency requirements. If companies operating in Canada are using algorithmic personalized pricing, they should have to disclose it clearly. Consumers should know when prices are being tailored, on what basis, and with what kind of oversight. Right now, too much of this happens in a black box."

they should have to give you a transparency report in the airport. "Your sandwich costs 36$ because you're flying to portugal and fuck you"

in reply to caitp

We need to take more seriously the problem of asymmetric information more generally. Data is as important as algorithms. Data about consumer prices should be queryable by the public, conveniently, and in machine readable form, so researchers and casual computer users (anyone) can use any analytical tools, from spreadsheets to databases to statistical software. #pubwan
in reply to AlexanderVI

According to economics, competitive markets means (1) transparency and (2) low entry and exit costs. The least the economists could do is acknowledge that the reality is far from this and work (by default) from models that do NOT assume competitive markets. One implication of competitive markets is The Law Of One Price. I would think the readily observable state of the economy would rule out any hypothesis that we live under competitive conditions.