Pricing decisions are increasingly in the “hands” of artificial algorithms. Scholars and competition authorities have voiced concerns that those algorithms are capable of sustaining collusive outcomes more effectively than can human decision makers. If this is so, then our traditional policy tools for fighting collusion may have to be reconsidered. We discuss these issues by critically surveying the relevant law, economics, and computer science literature.
Denicolò, V., Calzolari, G., Calvano, E., Pastorello, S. (2019). Algorithmic Pricing: What Implications for Competition Policy?. REVIEW OF INDUSTRIAL ORGANIZATION, 55(1), 155-171 [10.1007/s11151-019-09689-3].
Algorithmic Pricing: What Implications for Competition Policy?
Emilio Calvano;
2019-01-01
Abstract
Pricing decisions are increasingly in the “hands” of artificial algorithms. Scholars and competition authorities have voiced concerns that those algorithms are capable of sustaining collusive outcomes more effectively than can human decision makers. If this is so, then our traditional policy tools for fighting collusion may have to be reconsidered. We discuss these issues by critically surveying the relevant law, economics, and computer science literature.| File | Dimensione | Formato | |
|---|---|---|---|
|
RIO editorial algo pricing .pdf
accesso aperto
Licenza:
Creative commons
Dimensione
784.14 kB
Formato
Adobe PDF
|
784.14 kB | Adobe PDF | Visualizza/Apri |
|
Algorithmic Pricing.pdf
accesso aperto
Licenza:
Creative commons
Dimensione
420.34 kB
Formato
Adobe PDF
|
420.34 kB | Adobe PDF | Visualizza/Apri |
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
