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Tacit collusion by pricing algorithms
Economic InquiryAbstract This article contributes to the debate about the potential of pricing algorithms to collude and earn supra‐competitive profits without explicit communication. By simulating competition among seven algorithms, we demonstrate that: (1) algorithms can reach supra‐competitive prices in a reasonably short time, taking less than ...
Bharat Bhole, Sunita Surana
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Algorithmic Collusion and Algorithmic Compliance: Risks and Opportunities
SSRN Electronic Journal, 2020Algorithms are becoming ubiquitous in our society. They are powerful and, in some cases, indispensable tools in today’s economy. In terms of the technology, we do not yet have AI sophisticated enough to, with a reasonable degree of certainty, reach autonomous tacit collusion in most real markets.
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Algorithmic Price Recommendations and Collusion
This repository accompanies the paper “Algorithmic Price Recommendations and Collusion: Experimental Evidence,” co-authored by Matthias Hunold and Tobias Werner Contents: - Replication Package: The repository includes a comprehensive "replication_package.zip" file containing: - Raw and processed data. - oTree application used for the experiments.Werner, Tobias, Hunold, Matthias
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Adaptive Algorithms and Collusion via Coupling
Proceedings of the 24th ACM Conference on Economics and Computation, 2023Martino Banchio, Giacomo Mantegazza
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Integrative oncology: Addressing the global challenges of cancer prevention and treatment
Ca-A Cancer Journal for Clinicians, 2022Jun J Mao,, Msce +2 more
exaly
ALGORITHMIC COLLUSION: A REAL PROBLEM FOR COMPETITION POLICY?
2020Recently, antitrust authorities started to worry about the possible consequences of algorithmic pricing. Indeed, we document that pricing algorithms are already widely used and argue that they are likely to become even more prevalent in the future. In particular, authorities worry about data-driven price discrimination and algorithmic collusion.
Emilio Calvano +3 more
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Algorithmic Pricing Facilitates Tacit Collusion
Proceedings of the 23rd ACM Conference on Economics and Computation, 2022openaire +1 more source
Multidisciplinary standards of care and recent progress in pancreatic ductal adenocarcinoma
Ca-A Cancer Journal for Clinicians, 2020Aaron J Grossberg +2 more
exaly
Oral complications of cancer and cancer therapy
Ca-A Cancer Journal for Clinicians, 2012Joel B Epstein +2 more
exaly