Algorithmic Consumers. "I never think of the future. It comes soon enough..." Albert Einstein by Michal S. Gal and Niva Elkin-Koren

1. Algorithmic Consumers
"I never think of the future. It comes
soon enough..."
Albert Einstein
Michal S. Gal & Niva Elkin-Koren
University of Haifa

2. offer more information
Identify the need
execute the transaction
game changer

4. Lower costs
Speedier decision
More sophisticated
Less decisional energy
Lower consumer biases

5. Downsides?
Cyber harms
Wrong preferences
Reduction in autonomy
Psychological effects
Social effects
Exercising our decision muscle
Knowing our world
Privacy

6. Suppliers
In what to invest?
How much to invest?
Fairer contracts?
Reduce abuse?

7. Interactions:
Anti-discrimination
Anti-collusion
Anti-concentration

8. Regulatory Implications
Contract law
Tort law
Consumer law
Corporate law
Competition law

9. Access to Users
Access to Data
Exclusionary Conduct by Algorithms
Joint Buying algorithms

10. Thank you!
Michal S. Gal and Niva Elkin-Koren, “Algorithmic
Consumers” 30 Harvard Journal of Law and
Technology (2017) (also on ssrn.com)