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Re: Website tracks Amazon prices

Tex2002ans — Mon, 07 Jan 2013 01:26:46 GMT

John James:

I'm curious where I was first informed of that piece. I would have sworn it was TomWoods.com or EPJ...but I can't find an entry for it. If anyone can find a reference to that story from any of the usual libertarian suspects or ancillary blogs, I'd be interested to see it. Obviously in my search for the source, I came across the Gizmodo, zdnet, geek.com, techdirt.com, etc. entries, but those weren't it. I'm almost positive it was a libertarian source.

If I remember correctly it was on the Mises blog around the time the "High Frequency Trading" was being talked about on the news every two seconds. I believe this was talked about because of the automated algorithms adjusting prices.

Re: Website tracks Amazon prices

abskebabs — Mon, 07 Jan 2013 00:56:10 GMT

Gasp, the free market acts to relieve information asymmetries?

It is pleasant how market actions can make economic models, especially those regarding "market failure" redundant.

There are bucketloads of these kinds of sites. Some like Mysupermarket manage to rake in a lot of cash charging firms subscription fees for data and analysis any idiot could get with a tracking script...

I think I need to get me a piece of this action. :P

Re: Website tracks Amazon prices

Wheylous — Mon, 07 Jan 2013 00:37:03 GMT

Gasp, the free market acts to relieve information asymmetries?

Re: Website tracks Amazon prices

Blargg — Mon, 07 Jan 2013 00:21:28 GMT

The value of these is that they greatly lower the cost of finding the price history of something, so that it's realistic to check on it before a purchase.

Re: Website tracks Amazon prices

Malachi — Sun, 06 Jan 2013 20:20:23 GMT

http://camelcamelcamel.com/The-Making-Fly-Genetics-Animal/product/0632030488

Re: Website tracks Amazon prices

z1235 — Sun, 06 Jan 2013 18:41:44 GMT

John James:

It would have been fun to be tracking this...

http://www.michaeleisen.org/blog/?p=358

Awesome! Pricing/trading algos everywhere! Especially interesting in the context of my recent write-up on high-freq trading. Perhaps regulators should be looking into this, as well.

The price-tracking sites were also cool.

Re: Website tracks Amazon prices

John James — Sun, 06 Jan 2013 18:31:42 GMT

I'm curious where I was first informed of that piece. I would have sworn it was TomWoods.com or EPJ...but I can't find an entry for it. If anyone can find a reference to that story from any of the usual libertarian suspects or ancillary blogs, I'd be interested to see it. Obviously in my search for the source, I came across the Gizmodo, zdnet, geek.com, techdirt.com, etc. entries, but those weren't it. I'm almost positive it was a libertarian source.

Re: Website tracks Amazon prices

Bert — Sun, 06 Jan 2013 18:09:16 GMT

Pretty interesting read JJ. I've noticed similiar things on Amazon for out of print books that seem oddly overpriced given the content and not-so-obscure quantity of the book itself.

Re: Website tracks Amazon prices

John James — Sun, 06 Jan 2013 17:31:38 GMT

It would have been fun to be tracking this...

http://www.michaeleisen.org/blog/?p=358

Re: Website tracks Amazon prices

Malachi — Sun, 06 Jan 2013 15:57:24 GMT

Awesome thanks!

Re: Website tracks Amazon prices

Wheylous — Sun, 06 Jan 2013 08:14:05 GMT

This is related:

http://camelcamelcamel.com/

Website tracks Amazon prices

Wheylous — Sun, 06 Jan 2013 07:53:24 GMT

Nifty:

http://thetracktor.com

Gives you things like these:

http://i.imgur.com/6WbFg.jpg