Algorithmic Pricing: What Implications for Competition Policy?

Calvano, Emilio, Calzolari, Giacomo, Denicolò, Vincenzo and Pastorello, Sergio (2019) Algorithmic Pricing: What Implications for Competition Policy? Review of Industrial Organization, 55 (1). pp. 155-171.

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Official URL: http://tse-fr.eu/pub/123291

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 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 literatures.

Item Type: Article
Language: English
Date: August 2019
Refereed: Yes
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Site: UT1
Date Deposited: 20 Aug 2019 07:59
Last Modified: 20 Aug 2019 07:59
OAI ID: oai:tse-fr.eu:123291
URI: http://publications.ut-capitole.fr/id/eprint/32659

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