Author

Maarten Oosten
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Principal Operations Research Specialist

Maarten Oosten, Ph.D. specializes in pricing and price optimization and brings close to 20 years of experience designing and implementing pricing solutions to the Advanced Analytics Optimization Solutions team at SAS. These solutions include advanced pricing analytics across different industries such as distribution, manufacturing, express shipping, cargo and travel & transportation industries.

Advanced Analytics | Customer Intelligence | Machine Learning
Maarten Oosten 0
Bots, collusion and accountability in pricing

In the recent article, “Price-bots can collude against consumers,” the Economist discusses the consumer effects of prices set by price-bots. The article starts with an example of gasoline pricing strategies on Martha’s Vineyard. With a small number of gas stations on the island, the price-bots can cover all competitor prices frequently