🔥What Do We Know About Algorithmic Collusion Now? New Insights from the Latest Academic Research 🔥
The first version of this paper came out last July. I revised it in January 2024, to incorporate some of the latest research in economics and operational research. You can download a free copy here:
https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=1399642
In this article, I discuss the following questions:
- Can AIs have a "meeting of minds"?
- Is price increase post AI adoption a clear indication of collusion?
- What is the latest research in AI and Operational Research tell us about autonomous AI collusion? Didn't Calvano et al (2020) tell us that it is totally possible?
- What is an example of collusive AI algorithm (collusion by design)? How does it work?
- Which is more dangerous, dumb algorithms or smart algorithms?
- Does the use of 3rd party algorithm almost certainly lead to softening of competition and/or collusion?
- What should practitioner watch out for when evaluating the effect of algorithmic pricing?


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