Machine learning

Mathematical analysis

Microeconomics

Upper and lower bounds

Economics

Collusion

Mathematics

Nash equilibrium

Value (mathematics)

Competitive equilibrium

Computer science

Competitive analysis

Algorithm

Marketing Science

We show that the long-run prices from independent machine learning algorithms depend on the informational value of price experiments. If low, the long-run prices are consistent with the static Nash equilibrium; however, if high, the long-run prices are supra-competitive.

Frontiers: Algorithmic Collusion: Supra-competitive Prices via Independent Algorithms