Question

Pricing Algorithms

In layman terms, pricing algorithms are algorithms that are used to determine prices using current and past data. They

are used in a variety of domains such as air travel, ride share apps, online shopping, hotel reservations, rental property

management and gas stations.

To gain a better understanding see, https://www.brookings.edu/research/are-online-prices-higher-because-of-pricing:

algorithms/

Statement: The use of pricing algorithms is ethical.

In this assignment you will write a persuasive essay either agreeing or disagreeing with the statement above.