How is AI through social media Influencing Perfect Competition Among Companies?

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F23%3A63561998" target="_blank" >RIV/70883521:28120/23:63561998 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
How is AI through social media Influencing Perfect Competition Among Companies?
Original language description
Technology plays a key role in economics. This paper analyses how Artificial Intelligence through social media influencesperfect competition among companies. In a perfect competition, companies sell identical products, they can enter or exit themarket without barrier, their market share does not influence industry prices, they cannot determine prices and consumershave full or perfect information about the market. AI technology in social media makes these elements of a perfect competitionbetter by helping companies to understand market trends and gain a competitive advantage by improving market presence,effectively analyzing competition, as well as customer behavior in the market.
Czech name
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Czech description
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Project
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Continuities
S - Specificky vyzkum na vysokych skolach<br>I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings the Thirteenth International Conference on Business Information Se
ISBN
978-86-89755-25-1
ISSN
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e-ISSN
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Number of pages
4
Pages from-to
31-34
Publisher name
Belgrade Metropolitan University
Place of publication
Bělehrad
Event location
Bělehrad
Event date
Dec 2, 2022
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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