Algorithmic tacit collusion

post by Stefan_Schubert · 2017-05-07T14:57:46.639Z · LW · GW · Legacy · 2 comments

This is a link post for http://www.economist.com/news/finance-and-economics/21721648-trustbusters-might-have-fight-algorithms-algorithms-price-bots-can-collude

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comment by Dagon · 2017-05-07T15:13:27.576Z · LW(p) · GW(p)

Not bad (the text, not the headline), but not up to the reporting and analysis standards I expect from The Economist. This has very little to do with algorithmic pricing and a lot to do with reduced number of competitors.

Replies from: Lumifer
↑ comment by Lumifer · 2017-05-07T22:07:21.688Z · LW(p) · GW(p)

The Economist ain't what it used to be.