Results 31 to 40 of about 5,279 (162)
Stable Price Dispersion under Heterogeneous Buyer Consideration
The RAND Journal of Economics, EarlyView.ABSTRACT We study the pricing of homogeneous products sold to customers who consider different sets of suppliers. We identify prices that are stable in the sense that no firm wishes to undercut a rival or to raise its price when rivals are able to respond by offering special deals.
David P. Myatt, David Ronayne
wiley +1 more source
Algorithmic Collusion: Corporate Accountability and the Application of Art. 101 TFEU
European Papers(Series Information) European Papers - A Journal on Law and Integration, 2024 9(3), 1048-1061 | European Forum Insight of 21 January 2025 | (Table of Contents) I. Introduction. - II. Corporate accountability for algorithmic behaviour. - ii.1. Predictable
Maria Giacalone
doaj +1 more source
Global Policy, EarlyView.ABSTRACT Starting with the Facebook‐Cambridge Analytica scandal and its link to Brexit and the 2016 US elections, the nexus among online political advertising, micro‐targeting, and data‐driven electoral campaigning has revealed its disruptive potential for democracies.
Enea Fiore +2 more
wiley +1 more source
Urban ScienceHousing unaffordability and widening socio-spatial polarization continue to pervade US cities today. Driving this phenomenon, in part, is the increasing investment of rental housing stock by corporate landowners who rely on firms like RealPage, Inc.
Allison J. Zimmerman +1 more
doaj +1 more source
Algorithmic Pricing and Algorithmic Collusion
Business & Information Systems EngineeringThe rise of algorithmic pricing in online retail platforms has attracted significant interest in how autonomous software agents interact under competition. This article explores the potential emergence of algorithmic collusion - supra-competitive pricing outcomes that arise without explicit agreements - as a consequence of repeated interactions between
Bichler, Martin +2 more
openaire +2 more sources
Artificial Collusion: Examining Supracompetitive Pricing by Q-Learning Algorithms
SSRN Electronic Journal, 2022 We examine recent claims that a particular Q-learning algorithm used by competitors 'autonomously' and systematically learns to collude, resulting in supracompetitive prices and extra profits for the firms sustained by collusive equilibria. A detailed analysis of the inner workings of this algorithm reveals that there is no immediate reason for alarm ...
den Boer, Arnoud V. +2 more
openaire +2 more sources
Spatial price competition and buyer power in the U.S. beef packing industry
American Journal of Agricultural Economics, EarlyView.Abstract We develop a spatially‐explicit model of the U.S. beef packing industry to study key questions related to competition in an oligopsony setting. Cattle supplies are modeled at the county level, and packing plants' location, capacity, and ownership are taken as given. Packers procure negotiated cattle by competing in prices in each local (county)
GianCarlo Moschini, T. Jake Smith
wiley +1 more source
A distributed auctioneer for resource allocation in decentralized systems [PDF]
, 2016 In decentralized systems, nodes often need to coordinate to access shared resources in a fair manner. One approach to perform such arbitration is to rely on auction mechanisms.
Freitag, Fèlix +3 more
core +1 more source
Corruption Detection Through Textual Analysis: Evidence From Eurozone Banks
Business Ethics, the Environment &Responsibility, EarlyView.ABSTRACT This research investigates the disclosure of banking institutions by analyzing their annual reports to identify the determinants capable of signaling possible corruption scandals. A textual analysis was conducted on the financial reports of 42 Eurozone banks from the period 2013 to 2022.
Rodolfo Damiano +3 more
wiley +1 more source
On Mechanism Underlying Algorithmic Collusion *
SSRN Electronic JournalTwo issues of algorithmic collusion are addressed in this paper. First, we show that in a general class of symmetric games, including Prisoner's Dilemma, Bertrand competition, and any (nonlinear) mixture of first and second price auction, only (strict) Nash Equilibrium (NE) is stochastically stable.
Xu, Zhang, Zhao, Wei
openaire +2 more sources