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The economics of information in transport

Rietveld, Piet - 2010

Travelers often are incompletely informed about travel alternatives, which has important implications for various domains of travel behavior such as whether or not to make a trip, modal choice, the timing of a trip or route choice. During the last decade large efforts have been made to increase...

Persistent link: https://www.econbiz.de/10011382086

Can Google search data help predict macroeconomic series?

Niesert, Robin; Oorschot, Jochem; Veldhuisen, Chris; … - 2019

We use Google search data with the aim of predicting unemployment, CPI and consumer confidence for the US, UK, Canada, Germany and Japan. Google search queries have previously proven valuable in predicting macroeconomic variables in an in-sample context. To our knowledge, the more challenging...

Persistent link: https://www.econbiz.de/10011987495

Computing integral solutions of complementarity problems

Laan, Gerard van der; Talman, Dolf; Yang, Zaifu - 2004

In this paper an algorithm is proposed to find an integral solution of (nonlinear) complementarity problems. The … algorithm starts with a nonnegative integral point and generates a unique sequence of adjacent integral simplices of varying … dimension. Conditions are stated under which the algorithm terminates with a simplex one of whose vertices is an integral …

Persistent link: https://www.econbiz.de/10011343323

Artificial collusion : examining supracompetitive pricing by Q-learning algorithms

Boer, Arnoud V. den; Meylahn, Janusz M.; Schinkel, … - 2022

We examine recent claims that a particular Q-learning algorithm used by competitors 'autonomously' and systematically … detailed analysis of the inner workings of this algorithm reveals that there is no immediate reason for alarm. We set out what … is needed to demonstrate the existence of a colluding price algorithm that does form a threat to competition. …

Persistent link: https://www.econbiz.de/10013375353