The Thirsty Algorithm: Dynamic Surge Pricing in Vending Machines
Temperature, Elasticity, and the Behavioral Economics of Automated Real-Time Retail
Sinopsis
This book exposes the controversial integration of IoT (Internet of Things) and dynamic surge pricing into global vending networks. Equipped with cellular data connections and ambient temperature sensors, modern machines are programmed to exploit real-time price elasticity. When the physical temperature rises, the algorithm knows the consumers physiological desperation for hydration has also spiked, and it silently, automatically raises the price to capture the maximum possible profit margin.
We analyze the intense consumer backlash when these technologies were first publicly tested, the ethical debates surrounding algorithmic price gouging on basic human necessities, and how convenience stores are adopting electronic shelf labels to mimic this invisible fluctuation.
Witness the end of the fixed price tag. A sharp look at how behavioral economics and connected sensors allow machines to financially exploit the weather.
Léelo en cualquier dispositivo
Ficha Técnica
Editorial: Epubli
ISBN: 9783565380084
Idioma: Inglés
Fecha de lanzamiento: 02/04/2026
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