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InDret, 2023 The rise of algorithmic pricing has transformed perfect price discrimination from a theoretical concept into a real possibility. Through self-learning pricing algorithms, a strategy can be developed that approximates consumers’ reservation prices with ...
Adrianus Van Heusden
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Artificial Intelligence, Algorithmic Competition and Market Structures
IEEE Access, 2022 The use of artificial intelligence (AI) in the form of pricing algorithms to increase profits is becoming ubiquitous. However, the literature has focused on specific markets and algorithms so far, but it is unclear what happens across algorithms and ...
J. Manuel Sanchez-Cartas +1 more
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An analysis of artificial intelligence automation in digital music streaming platforms for improving consumer subscription responses: a review [PDF]
Frontiers in Artificial IntelligenceThe rapid adoption and evolving nature of artificial intelligence (AI) is playing a significant role in shaping the music streaming industry. AI has become a key player in transforming the digital music streaming industry, particularly in enhancing user ...
Nontokozo Mokoena +1 more
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Resource trading strategies with risk selection in collaborative training market. [PDF]
PLoS ONEThe rapid development of edge computing and artificial intelligence has brought growing interest in collaborative training. While prior research has addressed technical aspects of resource allocation, less attention has been paid to the underlying ...
Quyuan Wang +4 more
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The influence of digital platforms and algorithms on legal regulation of competition [PDF]
SHS Web of Conferences, 2021 The antitrust regulation faces challenges in the context of digitalization and algorithmization; several of them are analyzed in the article. The authors explore the influence of digital platforms and pricing algorithms on competitive environment, the ...
Kozlova Marina +3 more
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Pamukkale Üniversitesi İşletme Araştırmaları Dergisi, 2023 Bilgi teknolojilerindeki gelişmeler ve alışveriş faaliyetlerinin çevrimiçi ortamlarda daha fazla gerçekleştirilmesiyle birlikte, işletmeler, kazançlarını daha fazla artırmak amacıyla algoritmik fiyatlandırma olarak adlandırılan gerçek zamanlı ...
Kalender Özcan Atılgan, Gizem Aydan
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Pricing and data science: The tale of two accidentally parallel transitions
Economics and Business Review, 2023 Accidentally parallel at the beginning, the transition to value-based pricing and transition to pricing data science have blended harmoniously, changing the pricing landscape.
Wallusch Jacek
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Individualization in Online Markets: A Generalized Model of Price Discrimination through Learning
Journal of Theoretical and Applied Electronic Commerce Research, 2023 This paper builds a theoretical framework to model individualization in online markets. In a market with consumers of varying levels of demand, a seller offers multiple product bundles and prices. Relative to brick-and-mortar stores, an online seller can
Rasha Ahmed
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Competitive Algorithms for Online Pricing [PDF]
Discrete Mathematics, Algorithms and Applications, 2011 Given a seller with m amount of items, a sequence of users {u1, u2, ...} come one by one, the seller must set the unit price and assign some amount of items to each user on his/her arrival. Items can be sold fractionally. Each ui has his/her value function vi(ċ) such that vi(x) is the highest unit price ui is willing to pay for x items.
Zhang, Y, Chin, FYL, Ting, HF
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SSRN Electronic Journal, 2022 This paper studies Markov perfect equilibria in a repeated duopoly model where sellers choose algorithms. An algorithm is a mapping from the competitor's price to own price. Once set, algorithms respond quickly. Customers arrive randomly and so do opportunities to revise the algorithm.
Lamba, Rohit, Zhuk, Sergey
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