Artificial intelligence and pricing collusion

Algorithms are supplanting human decision-makers in pricing goods and services. Giacomo Calzolari discusses the behavior of algorithms powered by Artificial Intelligence (Q-learning) in a workhorse oligopoly model of repeated price competition.

Read the Study

Image courtesy of interviewee

Log-in or Sign-up to Faculti
Currently viewing this subject insight as a guest. You have insight(s) remaining for this month.

Leave a Reply

Your email address will not be published.

Copyright © Faculti Media Limited 2013 - 2024. All rights reserved.
error: