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A note on consumer flexibility, data quality and collusion

Hasnas, Irina - 2014

In this note we analyze the sustainability of collusion in a game of repeated interaction where firms can price discriminate among consumers based on two types of customer data. This work is related to Liu and Serfes (2007) and Sapi and Suleymanova (2013). Following Sapi and Suleymanova we...

Persistent link: https://www.econbiz.de/10010343547

Price matching in online retail

Bottasso, Anna; Robbiano, Simone; Marocco, Paolo - 2023

We analyze a sample of consumer-electronics products sold by the US NewEgg online-retailer to study the impact of Price Matching Guarantees (PMGs) policies on prices. By applying aDifference-in-Differences approach,we find that prices of the policy-adopting retailer increase by 4.7% during the...

Persistent link: https://www.econbiz.de/10014435142

Price-directed search and collusion

Obradovits, Martin; Plaickner, Philipp - 2020

collusion and merely consumer rents are transferred, or both welfare and consumer rents are reduced. An all-inclusive cartel …

Persistent link: https://www.econbiz.de/10012241989

Search and price discrimination online

Mauring, Eeva - 2021

Persistent link: https://www.econbiz.de/10012430253

Price Discrimination in Cartels

Gerlach, Heiko A. - 2020

This paper analyzes price discrimination of an upstream cartel in the presence of a dominant firm at the retail level …. Charging different wholesale prices creates a bond between the upstream cartel and the favored downstream firm. This bond … reduces or eliminates this firm's incentives to accept deviation offers from upstream cartel members. When a cartel price …

Persistent link: https://www.econbiz.de/10012845583

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 learns to collude, resulting in supracompetitive prices and extra profits for the firms sustained by collusive equilibria. A detailed analysis of the inner workings of this...

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

Search and price dispersion in online grocery markets

Richards, Timothy J.; Hamilton, Stephen F.; Allender, … - In: International journal of industrial organization 47 (2016), pp. 255-281

Persistent link: https://www.econbiz.de/10011653835

Platform search design : the roles of precision and price

Zhong, Zemin - In: Marketing science 42 (2023) 2, pp. 293-313

Persistent link: https://www.econbiz.de/10014317103

Incumbency advantages : price dispersion, price discrimination, and consumer search at online platforms

Gugler, Klaus; Heim, Sven; Janssen, Maarten C. W.; … - In: Journal of political economy microeconomics 1 (2023) 3, pp. 517-556

Persistent link: https://www.econbiz.de/10014339795

Pricing Algorithms as Collusive Devices

Veljanovski, Cento - 2021

This paper undertakes a critical review of the prospect that self-learning pricing algorithms will lead to widespread collusion independently of the intervention and participation of humans. There is no concrete evidence, no example yet, and no antitrust case that self-learning pricing...

Persistent link: https://www.econbiz.de/10013212718

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