E-Commerce Using FAIR: A Fiscal Algorithm for Inflation and Retail

E-commerce pricing faces increasing challenges due to inflationary pressures and shifting economic conditions, prompting a need for innovative solutions that promote fairness for vendors and consumers. This paper introduces the FAIR (Fiscal Algorithm for Inflation and Retail) algorithm, a dynamic pricing solution that curbs price gouging by integrating real-time inflation and interest rates. The algorithm […]

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Publication Details

Published
2024-12-31
DOI
https://doi.org/10.20533/icitst.2024.0002
Primary Topic
Big Data and Business Intelligence
Type
article
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article

E-Commerce Using FAIR: A Fiscal Algorithm for Inflation and Retail

Manh Duong Phung, Aspen Olmsted, Aisha Lalli
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Big Data and Business Intelligence
article

E-Commerce Using FAIR: A Fiscal Algorithm for Inflation and Retail

Manh Duong Phung, Aspen Olmsted, Aisha Lalli
article en

Abstract

E-commerce pricing faces increasing challenges due to inflationary pressures and shifting economic conditions, prompting a need for innovative solutions that promote fairness for vendors and consumers. This paper introduces the FAIR (Fiscal Algorithm for Inflation and Retail) algorithm, a dynamic pricing solution that curbs price gouging by integrating real-time inflation and interest rates. The algorithm […]

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Big Data and Business Intelligence
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E-Commerce Using FAIR: A Fiscal Algorithm for Inflation and Retail — Manh Duong Phung, Aspen Olmsted, et al. · (2024) | TGRS Research Map | TGRS