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Algorithmic Transparency and Consumer Disclosure

In: Transparency in Business

Author

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  • Utpal Dholakia

    (Rice University)

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.

Suggested Citation

  • Utpal Dholakia, 2023. "Algorithmic Transparency and Consumer Disclosure," Springer Books, in: Transparency in Business, chapter 0, pages 135-159, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-12145-6_6
    DOI: 10.1007/978-3-031-12145-6_6
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