Artificial intelligence, algorithmic pricing, and collusion

E Calvano, G Calzolari, V Denicolo… - American Economic …, 2020 - aeaweb.org
Increasingly, algorithms are supplanting human decision-makers in pricing goods and
services. To analyze the possible consequences, we study experimentally the behavior of …

Algorithmic pricing and competition: Empirical evidence from the German retail gasoline market

S Assad, R Clark, D Ershov… - Journal of Political …, 2024 - journals.uchicago.edu
We provide the first empirical analysis of the relationship between algorithmic pricing (AP)
and competition by studying the impact of adoption in Germany's retail gasoline market …

Competition in pricing algorithms

ZY Brown, A MacKay - American Economic Journal: Microeconomics, 2023 - aeaweb.org
We document new facts about pricing technology using high-frequency data, and we
examine the implications for competition. Some online retailers employ technology that …

Artificial intelligence and pricing

D Aparicio, K Misra - Artificial intelligence in marketing, 2023 - emerald.com
As businesses become more sophisticated and welcome new technologies, artificial
intelligence (AI)-based methods are increasingly being used for firms' pricing decisions. In …

Developing competition law for collusion by autonomous artificial agents

JE Harrington - Journal of Competition Law & Economics, 2018 - academic.oup.com
DEVELOPING COMPETITION LAW FOR COLLUSION BY AUTONOMOUS ARTIFICIAL
AGENTS† | Journal of Competition Law & Economics | Oxford Academic Skip to Main Content …

Autonomous algorithmic collusion: Q‐learning under sequential pricing

T Klein - The RAND Journal of Economics, 2021 - Wiley Online Library
Prices are increasingly set by algorithms. One concern is that intelligent algorithms may
learn to collude on higher prices even in the absence of the kind of coordination necessary …

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 …

[图书][B] The antitrust paradigm: Restoring a competitive economy

JB Baker - 2019 - books.google.com
A new and urgently needed guide to making the American economy more competitive at a
time when tech giants have amassed vast market power. The US economy is growing less …

Platform design when sellers use pricing algorithms

JP Johnson, A Rhodes, M Wildenbeest - Econometrica, 2023 - Wiley Online Library
We investigate the ability of a platform to design its marketplace to promote competition,
improve consumer surplus, and increase its own payoff. We consider demand‐steering rules …

Collusion by algorithm: Does better demand prediction facilitate coordination between sellers?

J Miklós-Thal, C Tucker - Management Science, 2019 - pubsonline.informs.org
We build a game-theoretic model to examine how better demand forecasting resulting from
algorithms, machine learning, and artificial intelligence affects the sustainability of collusion …