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. …

increases, the algorithm considered increasingly converges to supra-competitive asymmetric cycles. I show that results are …

well-established self-learning algorithm) learns to profitably coordinate on either a fixed price or on asymmetric price …