Results 1 to 10 of about 6,924,016 (301)
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
doaj +5 more sources
Behavior-Based Algorithmic Pricing
Information Economics and Policy, 2023 ISSN:0167 ...
Antoine Dubus
semanticscholar +4 more sources
Artificial Intelligence, Algorithmic Pricing, and Collusion [PDF]
American Economic Review, 2020 Increasingly, algorithms are supplanting human decision-makers in pricing goods and services. To analyze the possible consequences, we study experimentally the behavior of algorithms powered by Artificial Intelligence (Q-learning) in a workhorse ...
Emilio Calvano +3 more
semanticscholar +4 more sources
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
doaj +2 more sources
Algorithmic Pricing What Implications for Competition Policy? [PDF]
SSRN Electronic Journal, 2019 Pricing decisions are increasingly in the “hands” of artificial algorithms. Scholars and competition authorities have voiced concerns that those algorithms are capable of sustaining collusive outcomes more effectively than human decision makers. If this is so, then our traditional policy tools for fighting collusion may have to be reconsidered.
Emilio Calvano +3 more
semanticscholar +6 more sources
Algorithmic pricing via virtual valuations [PDF]
Proceedings of the 8th ACM conference on Electronic commerce, 2007 Algorithmic pricing is the computational problem that sellers (e.g.,in supermarkets) face when trying to set prices for their items to maximize their profit in the presence of a known demand. Guruswami etal.
S. Chawla +2 more
semanticscholar +4 more sources
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
M. Bichler +2 more
semanticscholar +3 more sources
Algorithmic Personalized Pricing
SSRN Electronic Journal, 2020 Price is an essential term at the heart of supplier-consumer transactions and relationships increasingly taking place in “micro-marketplace chambers”, where points of comparison with similar relevant products may be increasingly hard to discern and time ...
P. Chapdelaine
semanticscholar +3 more sources
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
doaj +2 more sources
Algorithmic Price Discrimination and Consumer Protection
Technology and Regulation, 2022 This paper investigates the practice of algorithmic price discrimination with a view to determining its impact on markets and society and making a possible plea for regulation.
Mateusz Grochowski +3 more
doaj +2 more sources