Economic Progress

Artificial intelligence, algorithmic pricing, and collusion

Image: REUTERS/Hannibal Hanschke

Giacomo Calzolari

Sergio Pastorello

Professor of Econometrics,, University of Bologna

Vincenzo Denicolò

Professor of Economics, , University of Bologna and University of Leicester (currently on leave); Research Fellow, CEPR

Emilio Calvano

Assistant Professor of Economics, , University of Bologna and Associate Faculty, Toulouse School of Economics.

Share:

Our Impact
The Big Picture
Explore and monitor how Economic Progress is affecting economies, industries and global issues
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale

Stay up to date:

Economic Progress

Note: The blue and red lines show the price dynamic over time of two autonomous pricing algorithms (agents) when the red algorithm deviates from the collusive price in the first period.

Have you read?

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:

Economic ProgressInnovationTechnological TransformationEmerging Technologies

Share:

Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

Why this city in Zambia has been nicknamed 'Amsterdam'
About Us
Events
Media
Partners & Members
Language Editions

Privacy Policy & Terms of Service

© 2022 World Economic Forum