Algorithms, machine learning, and collusion

U Schwalbe - Journal of Competition Law & Economics, 2018 - academic.oup.com
This paper discusses whether self-learning price-setting algorithms can coordinate their
pricing behavior to achieve a collusive outcome that maximizes the joint profits of the firms …

Breaking up is hard to do: Determinants of cartel duration

MC Levenstein, VY Suslow - The Journal of Law and …, 2011 - journals.uchicago.edu
We estimate the impact of cartel organizational features, as well as macroeconomic
fluctuations and industry structure, on cartel duration using a data set of contemporary …

But who will monitor the monitor?

D Rahman - American Economic Review, 2012 - aeaweb.org
Suppose that providing incentives for a group of individuals in a strategic context requires a
monitor to detect their deviations. What about the monitor's deviations? To address this …

Folk theorem in repeated games with private monitoring

T Sugaya - The Review of Economic Studies, 2022 - academic.oup.com
Folk Theorem in Repeated Games with Private Monitoring | The Review of Economic Studies |
Oxford Academic Skip to Main Content Advertisement Oxford Academic Journals Books Search …

Mediated partnerships

D Rahman, I Obara - Econometrica, 2010 - Wiley Online Library
This paper studies partnerships that employ a mediator to improve their contractual ability.
Intuitively, profitable deviations must be attributable, that is, there must be some group …

The power of communication

D Rahman - American Economic Review, 2014 - aeaweb.org
In this paper, I offer two ways in which firms can collude: secret monitoring and infrequent
coordination. Such collusion is enforceable with intuitive communication protocols. I make …

The Apple E-Books Case: When is a Vertical Contract a Hub in a Hub-and-Spoke Conspiracy?

B Klein - Journal of Competition Law & Economics, 2017 - academic.oup.com
Apple's economic role in the Publisher conspiracy to increase Amazon's below cost pricing
of e-books is examined in a hub-and-spoke conspiracy framework. The five major e-book …

Evolution of cooperation in the indefinitely repeated collective action with a contest for power

Y Rosokha, X Lyu, D Tverskoi, S Gavrilets - Economic Theory, 2024 - Springer
Social and political inequality among individuals is a common driving force behind the
breakdown in cooperation. In this paper, we theoretically and experimentally study …

Tradeoffs between trust and survivability for mission effectiveness in tactical networks

JH Cho - IEEE transactions on cybernetics, 2014 - ieeexplore.ieee.org
In a military tactical network, maintaining trust among members in a mission group is critical
to successful mission completion. However, maintaining high trust among group members in …

Organizations and overlapping generations games: Memory, communication, and altruism

R Lagunoff, A Matsui - Review of Economic Design, 2004 - Springer
This paper studies the role of memory and communication in overlapping generations (OLG)
games between ongoing organizations. In each organization, each individual, upon entry …