Algorithmic Coercion with Faster Pricing
收藏NBER2025-07-01 更新2025-08-02 收录
下载链接：
https://www.nber.org/papers/w34070
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资源简介：
We study price competition when one firm uses a pricing algorithm that can react quickly to a rivals price. We characterize a coercive equilibrium in which the algorithm encodes a persistent rule that maximizes discounted profits subject to the rivals incentive compatibility constraint. The
提供机构：
美国国家经济研究局
创建时间：
2025-07-01
