Saturday, April 23, 2011

Would you pay $23 million for a book?

Amazon’s $23,698,655.93 book about flies tells about a problem when you let computers pick the price for a book.

The short story is profnath at Amazon would set the price for a particular book to be 0.9983 of whatever price the book sold for at Borders.  Borders would set the price to be 1.27 times that Amazon charged.  Fairly quickly the price skyrocketed to tens of millions.

Now The Making of a Fly is back in a little more reasonable $237. 

I wonder what it will be selling for tomorrow?

Hat tip: Hacker News

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