Authors
Stephanie Assad, Emilio Calvano, Giacomo Calzolari, Robert Clark, Vincenzo Denicolò, Daniel Ershov, Justin Johnson, Sergio Pastorello, Andrew Rhodes, Lei Xu, Matthijs Wildenbeest
Publication date
2021/9/1
Journal
Oxford Review of Economic Policy
Volume
37
Issue
3
Pages
459-478
Publisher
Oxford University Press
Description
Markets are being populated with new generations of pricing algorithms, powered with artificial intelligence (AI), that have the ability to autonomously learn to operate. This ability can be both a source of efficiency and cause of concern for the risk that algorithms autonomously and tacitly learn to collude. In this paper we explore recent developments in the economic literature and discuss implications for policy.
Scholar articles
S Assad, E Calvano, G Calzolari, R Clark, V Denicolò… - Oxford Review of Economic Policy, 2021