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Impact of Recommender Systems on Consumers by Fred Pascua is a document available to read on EtoBox.

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The document summarizes a study examining the economic impacts of recommender systems on consumers and sellers. The researchers found that while recommender systems introduce consumers to new products and increase sales, they can reduce seller profits through decreased advertising and price competition. Sellers are only likely to benefit from precise recommender systems that match preferred products to consumers. The researchers also note that consumers benefit directly from recommendations but may indirect

Author

Fred Pascua

Language

EN