Left to Their Own Devices, Pricing Algorithms Resort to Collusion

by dublin on 2/14/2019, 2:56 PM with 4 comments
  • by Smithalicious on 2/15/2019, 3:24 AM

    So if they don't communicate with each other, what makes it collusion? How is collusion defined here, and what are the algorithms actually doing?

    Surely it takes more than just "not getting into a price war" to call it collusion.

  • by DerekL on 2/15/2019, 12:41 AM

    But if the sellers don't communicate about prices, then it's not illegal collusion, right?

  • by kk58 on 2/14/2019, 4:59 PM

    Nash equilibrium rediscovered?