What Do We Know About Algorithmic Tacit Collusion?
Author | : Ai Deng |
Publisher | : |
Total Pages | : 17 |
Release | : 2019 |
ISBN-10 | : OCLC:1304289496 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book What Do We Know About Algorithmic Tacit Collusion? written by Ai Deng and published by . This book was released on 2019 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past few years have seen many legal scholars and antitrust agencies expressing interest in and concerns with algorithmic collusion. In this paper, I survey and draw lessons from the literature on Artificial Intelligence and on the economics of algorithmic tacit collusion. I show that a good understanding of this literature is a crucial first step to better understand the antitrust risks of algorithmic pricing and devise antitrust policies to combat such risks.