Goa Institute of Management develops algorithm to tackle bias, collusion in ecommerce

Researchers from the Goa Institute of Management (GIM) have developed a two-stage competitive assortment algorithm to make digital marketplaces fairer and more transparent for both sellers and consumers, according to officials.

Published in the prestigious journal “Computational Management Science”, the study explores the growing concerns and potential solutions of algorithmic bias and collusive practices on digital marketplaces.

According to Dipankar Das, Assistant Professor at GIM, Current digital marketplaces often use ranking algorithms that…