Tag Archives: Pricing

Assessing Autonomous Algorithmic Collusion: Q-Learning Under Sequential Pricing

Timo Klein University of Amsterdam – Amsterdam School of Economics (ASE) is Assessing Autonomous Algorithmic Collusion: Q-Learning Under Sequential Pricing. ABSTRACT: A novel debate within competition policy and regulation circles is whether autonomous machine learning algorithms are able to tacitly… … Continue reading

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Disclosure and Pricing of Attributes

Alex Smolin explains Disclosure and Pricing of Attributes. ABSTRACT: A monopolist seller owns an object that has several attributes. A buyer is privately informed about his tastes and uncertain about the attributes. The seller can disclose attribute information to the… … Continue reading

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Nevada Department of Health and Human Services to Exercise Enforcement Discretion for Required Reports under Drug Pricing Transparency Law

By Gugan Kaur & David C. Gibbons — As we previously reported, Nevada enacted a law on June 15, 2017 addressing drug prices. S.B. 539 imposed new reporting requirements on pharmaceutical manufacturers and pharmacy benefit managers (“PBMs”) related to diabetes … Continue reading

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Pricing in a Frictional Product Market

Leena Rudanko (Federal Reserve Bank of Philadelphia) offers Pricing in a Frictional Product Market. ABSTRACT: Recent research argues that a key factor limiting firm growth is the gradual accumulation of product market demand. Motivated by this evidence, this paper studies… … Continue reading

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Dynamic Pricing with Search Frictions

Daniel Garcia studies Dynamic Pricing with Search Frictions. ABSTRACT: We study markets for perishable goods with search frictions. Sellers have a single unit of a good and post prices in every period. Buyers engage in costly search to observe prices… … Continue reading

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