Results 11 to 20 of about 6,924,016 (301)
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
doaj +1 more source
Algorithmic Pricing and Competition: Empirical Evidence from the German Retail Gasoline Market
Journal of Political Economy, 2023 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, where software became widely available in 2017.
S. Assad, R. Clark, D. Ershov, Lei Xu
semanticscholar +1 more source
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
doaj +1 more source
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
doaj +1 more source
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
doaj +1 more source
Hybrid Collusion: Algorithmic Pricing in Human-Computer Laboratory Markets
Social Science Research Network, 2021 We investigate collusive pricing in laboratory markets when human players interact with an algorithm. We compare the degree of (tacit) collusion when exclusively humans interact to the case of one firm in the market delegating its decisions to an ...
Martin L. A. Sternberg +1 more
semanticscholar +1 more source
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
openaire +4 more sources
Algorithmic Pricing and Price Gouging. Consequences of High-Impact, Low Probability Events
Sustainability, 2021 Algorithmic pricing may lead to more efficient and contestable markets, but high-impact, low-probability events such as terror attacks or heavy storms may lead to price gouging, which may trigger injunctions or get sellers banned from platforms such as ...
J. Sánchez-Cartas, A. Tejero, G. León
semanticscholar +1 more source
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
openaire +2 more sources
Why Prices Need Algorithms [PDF]
Proceedings of the Sixteenth ACM Conference on Economics and Computation, 2015 Understanding when equilibria are guaranteed to exist is a central theme in economic theory, seemingly unrelated to computation. In this note we survey our main result from [Roughgarden and Talgam-Cohen 2015], which shows that the existence of pricing equilibria is inextricably connected to the computational complexity of related optimization problems:
Tim Roughgarden, Inbal Talgam-Cohen
openaire +1 more source