Results 1 to 10 of about 73,253 (45)
Artificial Intelligence, Algorithmic Pricing and Collusion
The American Economic Review, 2018 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
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Who Pays for the Minimum Wage?
The American Economic Review, 2019 This paper provides a comprehensive assessment of the margins along which firms responded to a large and persistent minimum wage increase in Hungary.
P. Harasztosi, A. Lindner
semanticscholar +1 more source
Concentration Thresholds for Horizontal Mergers
The American Economic Review, 2022 Concentration-based thresholds for horizontal mergers, such as those in the US Horizontal Merger Guidelines, play a central role in merger analysis but their basis remains unclear.
Volker Nocke, M. Whinston
semanticscholar +1 more source
Market Power and Price Exposure: Learning from Changes in Renewable Energy Regulation
American Economic Journal: Economic Policy, 2023 Given the critical role of renewable energies in current and future electricity markets, it is important to understand how they affect firms’ pricing incentives. We study whether the price-depressing effect of renewables depends on their degree of market
Natalia Fabra, Imelda
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How the Internet Changed the Market for Print Media
Social Science Research Network, 2023 Combining rich data from the Norwegian media market with exogenous variation in the availability and adoption of broadband internet, this paper provides causal evidence on how the internet affected traditional print media.
Manudeep Bhuller +3 more
semanticscholar +1 more source
Competition and Entry in Agricultural Markets: Experimental Evidence from Kenya
The American Economic Review, 2020 African agricultural markets are characterized by low farmer revenues and high consumer food prices. Many have worried that this wedge is partially driven by imperfect competition among intermediaries. This paper provides experimental evidence from Kenya
L. Bergquist, Michael Dinerstein
semanticscholar +1 more source
Using Individual-Level Randomized Treatment to Learn about Market Structure
American Economic Journal: Applied Economics, 2022 Interference across competing firms in RCTs can be informative about market structure. An experiment that subsidizes a random subset of traders who buy cocoa from farmers in Sierra Leone illustrates this idea.
L. Casaburi, T. Reed
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Complementary Bidding and the Collusive Arrangement: Evidence from an Antitrust Investigation
Social Science Research NetworkClustered bids and a missing mass of nearly tied bids have both been proposed as markers of collusion. We present causal empirical evidence from an actual procurement cartel that bidding involves both clustering and a gap around the winning bid.
R. Clark +2 more
semanticscholar +1 more source
Journal of Industrial Economics, 2023 Using information on price bids in wholesale electricity pools and empirical techniques described in the literature on electricity markets, this study identifies the market power mitigation effect of public firms in the Colombian market.
Carlos Suarez
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The Evolution of US Retail Concentration
American Economic Journal: MacroeconomicsIncreasing national concentration has contributed to market power concerns. Yet local trends are more informative about market power in retail, where consumers have traditionally shopped at nearby stores.
Dominic A Smith, Sergio Ocampo
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