A Fascinating Look at Amazon Sellers' Pricing Algorithms - No, I Mean It! This is Way Cool.

I've wondered about some Amazon private sellers, whose prices seem insane, and who increase or decrease their prices according to prices I set for some overstock I occasionally sell.



But how I love the story of how a book on Drosophila was priced nearly $2 million (and no seller noticed how absurd this was) and how the two seller's presumably automated pricing mechanisms squared off against each other. And I love the scientific brain of the biologist, Michael Eisen, who noted that one seller...