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Submission + - Amazon.com pricing algorithm lists book at $23M->

leek writes: An Amazon.com pricing algorithm which lets sellers set prices based on other sellers' prices led to a positive feedback loop, causing the biology text The Making of A Fly to reach $23M. Biologist Micheal Eisen talks about it on his Blog. The prices were reset but are back up to $976.98.
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186,000 Miles per Second. It's not just a good idea. IT'S THE LAW.

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