Frontiers: Algorithmic Collusion: Supra-competitive Prices via Independent Algorithms

We show that the long-run prices from independent machine learning algorithms depend on the informational value of price experiments. If low, the long-run prices are consistent with the static Nash equilibrium; however, if high, the long-run prices are supra-competitive.

• 저널Marketing Science · 40(1) · 1–12
• 토픽Advanced Bandit Algorithms Research · Management Science and Operations Research
• DOI10.1287/mksc.2020.1276
• 저자Karsten T. Hansen, Kanishka Misra, Mallesh M. Pai