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Algorithmic Collusion | The Leisure of the Theory Class
https://theoryclass.wordpress.com/2024/05/01/algorithmic-collusion/
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Tagged with:
economics
strategy
machine-learning
artificial-intelligence
pricing strategies
equilibria
dynamic-pricing
There is now a widespread concern that the algorithms deployed to set prices, may `learn’ to collude and set prices above what one might consider to be the competitive level. Indeed, the FTC …
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