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Robin Hood Theory

1 GoKawiil brief on this topic

New book 'Gouged' challenges idea that surveillance pricing helps consumers

Author Lindsay Owens argues in her new book Gouged that surveillance pricing—where companies use personal data to set individualized prices—does not benefit ordinary shoppers as often claimed. She disputes the notion that such pricing acts like a 'Robin Hood' mechanism, charging wealthier customers more and poorer customers less.