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Competition makes capitalism work. A new method for measuring it may be the holy grail of economic regulation.

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Recent findings reveal that even simple pricing algorithms can make things more expensive.

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AI algorithmic collusion challenges traditional antitrust law. Legal AI frameworks adapt to prosecute self-learning pricing tools

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An inquiry into emergent collusion in Large Language Models. Agent S2 to Agent S3: “Let's set all asks at 63 next cycle… No undercutting ensur…

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Our paper, Beyond Human Intervention: Algorithmic Collusion through Multi-Agent Learning Strategies, with Suzie Grondin and Philipp Ratz is now available online Collusion in market pricing is a concept associated with human actions to raise market prices through artificially limited supply. Recently, the idea of algorithmic collusion was put forward, where the human action in the … Continue reading Beyond Human Intervention: Algorithmic Collusion through Multi-Agent Learning Strategies →

Collusive Outcomes Without Collusion
30 Apr 2024
d.repec.org