Algorithmic Transparency and Consumer Disclosure

Utpal Dholakia ()
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Utpal Dholakia: Rice University

Chapter Chapter 6 in Transparency in Business, 2023, pp 135-159 from Springer

Abstract: Abstract This chapter reviews the growing and evolving literature on algorithmic transparency and consumer disclosure. As algorithms are adopted widely in data-driven business decision making, often involving consumers, the questions of which data is collected and used, how it is analyzed, and the various unintended consequences it produces all gain in significance. In the endeavor to formulate a better understanding of business transparency, this chapter considers the research on the various means to formulate and increase algorithmic transparency and the challenges of doing so, along with the host of associated issues concerning consumers whose private data is at stake.

Keywords: Transparency; Algorithms; Consumer disclosure; Artificial intelligence; Discrimination (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-12145-6_6

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DOI: 10.1007/978-3-031-12145-6_6

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