prices   4985

« earlier    

Artificial intelligence, algorithmic pricing, and collusion | VOX, CEPR Policy Portal
Antitrust agencies are concerned that the autonomous pricing algorithms increasingly used by online vendors may learn to collude. This column uses experiments with pricing algorithms powered by AI in a controlled environment to demonstrate that even relatively simple algorithms systematically learn to play sophisticated collusive strategies. Most worrying is that they learn to collude by trial and error, with no prior knowledge of the environment in which they operate, without communicating with one another, and without being specifically designed or instructed to collude.
ai  economics  papers  prices  algorithms  bias 
8 days ago by fionntan
How do electricity retailers charge lower prices than SP Group? 5 questions answered - Channel NewsAsia
SINGAPORE: With the roll-out of the Open Electricity Market in November, consumers now have more choice and many have been paying less for their ...
electricity  prices 
11 days ago by Bookman
A no-deal Brexit won’t result in a siege. The EU will be more clinical than that | Tom Kibasi | Opinion | The Guardian
Instead, the EU’s response to a no deal will be strategic: opening up advantage, sector by sector, calmly and patiently dismantling the UK’s leading industries over the course of a decade. They will eat the elephant one bite at a time. The problem with abandoning the rules of the international order is that you no longer enjoy their protection.

A no-deal Brexit would hand the EU enormous power: it would decide how and when to introduce new frictions between the UK and the single market, giving sufficient time for firms like Airbus, Nissan or AstraZeneca to relocate production. As recent decisions have demonstrated, even seemingly fixed capital investment is more mobile than many Brexiters imagine.

The EU would set out a timeline over which it would introduce compliance and rules of origin checks on the UK’s most competitive exporting sectors. It is not hard to imagine checks on automotive parts from 2021, pharmaceuticals from 2022 and aerospace from 2023, alongside constantly shifting sands of equivalence for financial services. This would allow firms an orderly departure from the UK to the single market. It will be a steady drift away from the UK, not an avalanche. Moreover, the absence of any agreement would mean lasting uncertainty that would deter future investment. The UK is particularly exposed in this regard: our serious lack of competitiveness is demonstrated by persistently large trade deficits. This means the UK is heavily reliant on foreign investment – the “kindness of strangers” – which would likely collapse. It is not hard to imagine a future government going cap in hand to the IMF for a bailout.
UK  EU  Brexit  noDeal  delay  shortage  food  prices  imports  livingStandards  competition  industry  trade  regulation  compliance  investment  Nissan  dctagged  dc:creator=KibasiTom 
14 days ago by petej

« earlier    

related tags

(cbs);  000  000;  1.18  10  125  1250  150  160  200t  2018  2019-  2019  220f  3  300  350x  417  42  4v  500x  502  51  60.60  650xt  8  a  about  abs  access  accessories  across  adventure  affordability  after  age  ageing  agriculture  ai  aid  alerts  algorithms  alphago  amazon  americans  and  announced  anywhere  apache  apple  arabia  are  aren't  argus  around  arstechnica  artificialintelligence  as  ashcroft  asia  at  atrazine  auckland  australia  auto  aws  azure  bajaj  baleno  bankofengland  barry  be  because  beer  benelli  bernie  bernie_sanders  bias  bill  billing  bitcoin  bmw  bofe  bologna  booking  borders  brexit  briefly  brighter  bring  business  by  calais  california  car  care  careful  carneymark  change  changes  charts  chavezhugo  cheap  cinnamon  class  clippings  cloud  cloud_computing  colour  companies  compare  comparison  competition  complete  compliance  computers  concept  connection  corn  corporations  corruption  costs  credit  critique  culture  d-max  data  date  dates  dc:creator=dillowchris  dc:creator=kibasitom  dctagged  dealerships;  deals  debt  decreasing  delay  democracy  design  despite  doesn't  don't  double  dover  down  drop  drug  drugs  dual-channel  duke  ecommerce  economics  economy  edc  edge  education  effect?  electricity  else  emergency  enfield  ertiga  especially  estate  ethnicity  eu  europe  exclusive  expected  explained  explanations  facelift  fall  falling  farm  farmers  fca  features!  features  feminism  finance  flights  follow  food  for  forecast  francisco  from  fuel  fuelsecurity  future  gas  gcp  generic  get  gets  getting  go  google  gop  govemichael  government  greed  groceries  gs  gtm  guaidojuan  happy  harrier  has  have  health  healthcare.spending  healthcare  hearing  hero  hexa  high?  high  higher  hints  hire  history  home  homeownership  homepod  hook  hospitals  hospital’s  hotels  house  housing  hyperinflation  images  immigration  imports  in  increase  increased  india-  india  india;  industry  inflation  inr  intention  internet  investment  iphone  is  iso-ne  isuzu  it  italian  its  january  jawa  jobs  khashoggi  kia  ktm  lakh!  lakh  launch  launched  launched;  leaked!  leave  legal  letting  liberalism  libertiesrights  like  likely  list  livelihoods  lives  livingstandards  looks  low  lower  machinelearning  maduronicolas  maestro  mahindra  major  many  market  markets  maruti  matter:  medicine  might  mileage  milk  mobile  models.‬  money  monopoly  more  mortgages  motors  mt-09  mu-x  multiculturalism  murder  music  narratives  nationalidentity  naturalgas  needs  netflix  new  nissan  no  nodeal  notifications  notify  now  nz  of  oferta  off  offers  oil  on  option  out!  over  panel  paper  papers  part1  part2  part3  past  people  pharma  pharmaceutical_industry  plan  planning  plans  platts  politics  poll:  portfolio  power  predictions  price  pricetracker  pricing  product  production  products  project  property  protest  protests  public  pubs  pulsar  pv  r  r15  raising  reaches  real  real_estate  realestate  reason  recession  reduce  reducing  referendum  regulation  reinforcedlearning  remain  repression  research  retail  retirement  revealed!  revealed;  review  rise  room  royal  rs  rtr  rubiomarco  sales  san  sanders’s  saudi  science  scooters  search  seeing  service  share  shocks  shopping  shortage  shrinkflation  shutdown  smart  snow  so  social  socialattitudes  socialgroup  solar  soon!  soon;  sovereignty  sp  speakers  specifications  specs  spill  spotlight  stake  start  starting  stock  subscription  supermarkets  surging  surprising  survey  suv  suzuki  swimming-pool  sydney  take  tariffs  tata  techdirt  telecoms  telefonía  telephone  telephony  than  thanks  that  the  their  theories  think  thrilled  thunderbird  ticket  to  tools  track  tracker  tracking  trade  travel  trip  trk  trump  trumpdonald  trust  turmoil  tvs  two  u.s.  uber  ubs  uk  uncertainty  unchanged  united_states  up  upcoming  usa  v-strom  v3  vancouver  venezuela's  venezuela  visual  wants  watch  watches  watching  web  why  will  winter  with  wordpress  world  wto  x4  xpulse  xuv  yamaha  years.  years  youth  zimbabwe  zuckerberg    ➡️ 

Copy this bookmark: