Algorithmic Collusion and Price Discrimination: The Over-Usage of Data
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Bergemann, Dirk & Morris, Stephen, 2016.
"Bayes correlated equilibrium and the comparison of information structures in games,"
Theoretical Economics, Econometric Society, vol. 11(2), May.
- Dirk Bergemann & Stephen Morris, 2013. "Bayes Correlated Equilibrium and the Comparison of Information Structures in Games," Working Papers 054-2013, Princeton University, Department of Economics, Econometric Research Program..
- Dirk Bergemann & Stephen Morris, 2013. "Bayes Correlated Equilibrium and the Comparison of Information Structures in Games," Cowles Foundation Discussion Papers 1909RR, Cowles Foundation for Research in Economics, Yale University, revised Oct 2014.
- Dirk Bergemann & Stephen Morris, 2015. "Bayes Correlated Equilibrium and the Comparison of Information Structures in Games," Levine's Bibliography 786969000000001085, UCLA Department of Economics.
- Dirk Bergemann & Stephen Morris, 2013. "Bayes Correlated Equilibrium and the Comparison of Information Structures in Games," Cowles Foundation Discussion Papers 1909R3, Cowles Foundation for Research in Economics, Yale University, revised Apr 2015.
- Calzolari, Giacomo & Calvano, Emilio & Denicolo, Vincenzo & Pastorello, Sergio, 2021. "Algorithmic collusion with imperfect monitoring," CEPR Discussion Papers 15738, C.E.P.R. Discussion Papers.
- Gautier, Axel & Ittoo, Ashwin & Van Cleynenbreugel, Pieter, 2020. "AI algorithms, price discrimination and collusion: a technological, economic and legal perspective," LIDAM Reprints CORE 3138, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Greg Shaffer & Z. John Zhang, 1995. "Competitive Coupon Targeting," Marketing Science, INFORMS, vol. 14(4), pages 395-416.
- John C. Harsanyi, 1968. "Games with Incomplete Information Played by "Bayesian" Players Part II. Bayesian Equilibrium Points," Management Science, INFORMS, vol. 14(5), pages 320-334, January.
- Aumann, Robert J, 1987.
"Correlated Equilibrium as an Expression of Bayesian Rationality,"
Econometrica, Econometric Society, vol. 55(1), pages 1-18, January.
- Robert J. Aumann, 2010. "Correlated Equilibrium as an expression of Bayesian Rationality," Levine's Working Paper Archive 661465000000000377, David K. Levine.
- R. Aumann, 2010. "Correlated Equilibrium as an expression of Bayesian Rationality," Levine's Bibliography 513, UCLA Department of Economics.
- Thisse, Jacques-Francois & Vives, Xavier, 1988.
"On the Strategic Choice of Spatial Price Policy,"
American Economic Review, American Economic Association, vol. 78(1), pages 122-137, March.
- Thisse, J.-F. & Vives, X., 1987. "On the strategic choice of spatial price policy," LIDAM Discussion Papers CORE 1987008, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- THISSE, Jacques-François & VIVES, Xavier, 1988. "On the strategic choice of spatial price policy," LIDAM Reprints CORE 793, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Justin P. Johnson & Andrew Rhodes & Matthijs Wildenbeest, 2023.
"Platform Design When Sellers Use Pricing Algorithms,"
Econometrica, Econometric Society, vol. 91(5), pages 1841-1879, September.
- Johnson, Justin Pappas & Rhodes, Andrew & Wildenbeest, Matthijs, 2020. "Platform Design when Sellers Use Pricing Algorithms," TSE Working Papers 20-1146, Toulouse School of Economics (TSE).
- Justin Pappas Johnson & Andrew Rhodes & Matthijs Wildenbeest, 2023. "Platform design when sellers use pricing algorithms," Post-Print hal-04226232, HAL.
- Rhodes, Andrew & Johnson, Justin & Wildenbeest, Matthijs, 2020. "Platform Design When Sellers Use Pricing Algorithms," CEPR Discussion Papers 15504, C.E.P.R. Discussion Papers.
- Timo Klein, 2021. "Autonomous algorithmic collusion: Q‐learning under sequential pricing," RAND Journal of Economics, RAND Corporation, vol. 52(3), pages 538-558, September.
- Axel Gautier & Ashwin Ittoo & Pieter Cleynenbreugel, 2020. "AI algorithms, price discrimination and collusion: a technological, economic and legal perspective," European Journal of Law and Economics, Springer, vol. 50(3), pages 405-435, December.
- Waltman, Ludo & Kaymak, Uzay, 2008. "Q-learning agents in a Cournot oligopoly model," Journal of Economic Dynamics and Control, Elsevier, vol. 32(10), pages 3275-3293, October.
- FORGES , Françoise, 1993.
"Five Legitimate Definitions of Correlated Equilibrium in Games with Incomplete Information,"
LIDAM Discussion Papers CORE
1993009, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- FORGES, Françoise, 1993. "Five legitimate definitions of correlated equilibrium in games with incomplete informations," LIDAM Reprints CORE 1071, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Yuxin Chen & Chakravarthi Narasimhan & Z. John Zhang, 2001. "Individual Marketing with Imperfect Targetability," Marketing Science, INFORMS, vol. 20(1), pages 23-41, November.
- Jeanine Miklós-Thal & Catherine Tucker, 2019. "Collusion by Algorithm: Does Better Demand Prediction Facilitate Coordination Between Sellers?," Management Science, INFORMS, vol. 65(4), pages 1552-1561, April.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Simon Martin & Alexander Rasch, 2022. "Collusion by Algorithm: The Role of Unobserved Actions," CESifo Working Paper Series 9629, CESifo.
- Martin, Simon & Rasch, Alexander, 2022. "Collusion by algorithm: The role of unobserved actions," DICE Discussion Papers 382, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Martin, Simon & Rasch, Alexander, 2024. "Demand forecasting, signal precision, and collusion with hidden actions," International Journal of Industrial Organization, Elsevier, vol. 92(C).
- Colombo, Stefano & Filippini, Luigi & Pignataro, Aldo, 2024. "Information sharing, personalized pricing, and collusion," Information Economics and Policy, Elsevier, vol. 66(C).
- Florian Peiseler & Alexander Rasch & Shiva Shekhar, 2022. "Imperfect information, algorithmic price discrimination, and collusion," Scandinavian Journal of Economics, Wiley Blackwell, vol. 124(2), pages 516-549, April.
- Aleksandar B. Todorov, 2022. "Algorithmic pricing and concerted behaviour – competitive challenges?," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 90-107.
- Jentzsch, Nicola & Sapi, Geza & Suleymanova, Irina, 2013.
"Targeted pricing and customer data sharing among rivals,"
International Journal of Industrial Organization, Elsevier, vol. 31(2), pages 131-144.
- Nicola Jentzsch & Geza Sapi & Irina Suleymanova, 2010. "Joint Customer Data Acquisition and Sharing among Rivals," Discussion Papers of DIW Berlin 1045, DIW Berlin, German Institute for Economic Research.
- Jentzsch, Nicola & Sapi, Geza & Suleymanova, Irina, 2012. "Targeted pricing and customer data sharing among rivals," DICE Discussion Papers 60, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Tommaso Denti & Doron Ravid, 2023. "Robust Predictions in Games with Rational Inattention," Papers 2306.09964, arXiv.org.
- Sapi, Geza & Suleymanova, Irina, 2013. "Consumer flexibility, data quality and targeted pricing," DICE Discussion Papers 117, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Fabrizio Germano & Peio Zuazo-Garin, 2017.
"Bounded rationality and correlated equilibria,"
International Journal of Game Theory, Springer;Game Theory Society, vol. 46(3), pages 595-629, August.
- Fabrizio Germano & Peio Zuazo-Garin, 2015. "Bounded Rationality and Correlated Equilibria," AMSE Working Papers 1551, Aix-Marseille School of Economics, France, revised 02 Nov 2015.
- Germano, Fabrizio & Zuazo-Garin, Peio, 2015. "Bounded Rationality and Correlated Equilibria," Working Papers 2072/260959, Universitat Rovira i Virgili, Department of Economics.
- Fabrizio Germano & Peio Zuazo-Garin, 2015. "Bounded Rationality and Correlated Equilibria," Working Papers 812, Barcelona School of Economics.
- Fabrizio Germano & Peio Zuazo-Garin, 2015. "Bounded Rationality and Correlated Equilibria," Working Papers halshs-01251512, HAL.
- Fabrizio Germano & Peio Zuazo-Garin, 2015. "Bounded rationality and correlated equilibria," Economics Working Papers 1468, Department of Economics and Business, Universitat Pompeu Fabra.
- Stefano Colombo & Aldo Pignataro, 2022. "Information accuracy and collusion," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 31(3), pages 638-656, August.
- Ki-Eun Rhee & Raphael Thomadsen, 2017. "Behavior-Based Pricing in Vertically Differentiated Industries," Management Science, INFORMS, vol. 63(8), pages 2729-2740, August.
- Jiwoong Shin & K. Sudhir, 2010. "A Customer Management Dilemma: When Is It Profitable to Reward One's Own Customers?," Marketing Science, INFORMS, vol. 29(4), pages 671-689, 07-08.
- Yunchuan Liu & Z. John Zhang, 2006. "Research Note—The Benefits of Personalized Pricing in a Channel," Marketing Science, INFORMS, vol. 25(1), pages 97-105, 01-02.
- Ke-Wei Huang, 2009. "Optimal criteria for selecting price discrimination metrics when buyers have log-normally distributed willingness-to-pay," Quantitative Marketing and Economics (QME), Springer, vol. 7(3), pages 321-341, September.
- Neeraj Arora & Xavier Dreze & Anindya Ghose & James Hess & Raghuram Iyengar & Bing Jing & Yogesh Joshi & V. Kumar & Nicholas Lurie & Scott Neslin & S. Sajeesh & Meng Su & Niladri Syam & Jacquelyn Thom, 2008. "Putting one-to-one marketing to work: Personalization, customization, and choice," Marketing Letters, Springer, vol. 19(3), pages 305-321, December.
- Bergemann, Dirk & Morris, Stephen, 2017.
"Belief-free rationalizability and informational robustness,"
Games and Economic Behavior, Elsevier, vol. 104(C), pages 744-759.
- Dirk Bergemann & Stephen Morris, 2016. "Belief-Free Rationalizability and Informational Robustness," Cowles Foundation Discussion Papers 2066, Cowles Foundation for Research in Economics, Yale University.
- Dirk Bergemann & Stephen Morris, 2016. "Belief-Free Rationalizability and Informational Robustness," Working Papers 086_2016, Princeton University, Department of Economics, Econometric Research Program..
- Dirk Bergemann & Tibor Heumann & Stephen Morris, 2017. "Belief-Free Rationalizability and Informational Robustness," Cowles Foundation Discussion Papers 2088, Cowles Foundation for Research in Economics, Yale University.
- Gonzalo Ballestero, 2021. "Collusion and Artificial Intelligence: A computational experiment with sequential pricing algorithms under stochastic costs," Young Researchers Working Papers 1, Universidad de San Andres, Departamento de Economia, revised Oct 2022.
- Luo, Xiao & Qiao, Yongchuan & Sun, Yang, 2022. "A revelation principle for correlated equilibrium under trembling-hand perfection," Journal of Economic Theory, Elsevier, vol. 200(C).
- Tang, Qianfeng, 2015.
"Interim partially correlated rationalizability,"
Games and Economic Behavior, Elsevier, vol. 91(C), pages 36-44.
- Tang, Qianfeng, 2010. "Interim Partially Correlated Rationalizability," MPRA Paper 26810, University Library of Munich, Germany.
More about this item
NEP fields
This paper has been announced in the following NEP Reports:- NEP-COM-2024-04-15 (Industrial Competition)
- NEP-GTH-2024-04-15 (Game Theory)
- NEP-IND-2024-04-15 (Industrial Organization)
- NEP-MIC-2024-04-15 (Microeconomics)
- NEP-REG-2024-04-15 (Regulation)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arx:papers:2403.06150. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: arXiv administrators (email available below). General contact details of provider: http://arxiv.org/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.