Write a 750 word response paper answering the following questions:
Do these articles describe first-, second-, third-degree price discrimination, or something else? Explain whether you think this kind of dynamic pricing is fair to consumers. Relate the resources back to your own online shopping experiences.
Sources:
Read The Washington Post article:
https://www.washingtonpost.com/news/the-switch/wp/2013/09/04/how-netflix-could-use-big-data-to-make-twice-as-much-money-off-you/
Read Forbes article:
https://www.forbes.com/sites/richardkestenbaum/2018/07/30/your-friend-may-pay-less-than-you-for-the-same-things-youre-buying/?sh=56ce74161c8c
Read NPR Planet Money article:
https://www.npr.org/sections/money/2019/04/02/708876202/when-computers-collude
View:
Expectations:
An “A” paper will: include economic analysis; offer strong attention to logic and reasoning, leading the reader to your conclusion and encouraging additional thought on the part of the reader; synthesize ideas from sources and analyze them to demonstrate original thought and support; develop main points using support from the sources; write with proper grammar, punctuation, and spelling; use a scholarly tone; answer all required questions and adhere to word limit
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