Algorithmic Collusion

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AI tacitly coordinating prices.

Full Definition

AI tacitly coordinating prices.

Keywords

price fixing

Domains

Agents & Autonomy

Related Terms

Strategic Interaction related to

Decisions dependent on others’ actions.

 Information Asymmetry related to

Some agents know more than others.

 Adversarial Market related to

Market reacting strategically to AI.

 Liquidity Provision related to

Supplying buy/sell orders.

 Vickrey Auction related to

Truthful bidding is optimal strategy.

 Market Design related to

Designing efficient marketplaces.

 Coordination Failure related to

Agents fail to coordinate optimally.

 Emergent Competition related to

Competition arises without explicit design.

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