Maurice Stucke, a professor in the College of Law, recently co-authored a book published by the Harvard University Press.
The book, Virtual Competition: The Promise and Perils of the Algorithm-Driven Economy, is available now at bookstores and online booksellers. It has received numerous reviews, including one from The Wall Street Journal (subscription required) and the Yale School of Management’s Barry Nalebuff for Science Magazine.
“In this thought-provoking exposé, Ariel Ezrachi and Maurice Stucke invite us to take a harder look at today’s app-assisted paradise of digital shopping. While consumers reap many benefits from online purchasing, the sophisticated algorithms and data-crunching that make browsing so convenient are also changing the nature of market competition, and not always for the better,” reads the book’s description. “The changing market reality is already shifting power into the hands of the few. Ezrachi and Stucke explore the resulting risks to competition, our democratic ideals, and our economic and overall well-being.”