We analyze pricing patterns and price level effects of algorithms in the market segments for OTC-antiallergics and -painkillers in Germany. Based on a novel hourly dataset which spans over four months and contains over 10 million single observations, we produce the following results. First,...

Algorithmen beeinflussen inzwischen nahezu jeden Bereich des täglichen Lebens. Davon umfasst ist im Besonderen die unternehmerische Preissetzung, die sowohl im Online- als auch im Offline-Geschäft zunehmend algorithmisch organisiert wird. Preissetzungsalgorithmen bieten den Unternehmen neue...

We examine a model in which one firm uses a pricing algorithm that enables faster pricing and multi-period commitment. We characterize a coercive equilibrium in which the algorithmic firm maximizes its profits subject to the incentive compatibility constraint of its rival. By adopting an...

Understanding how to effectively influence electric vehicle (EV) charging behavior is critical for managing electricity grids powered by high levels of variable renewable generation. We present results from a large-scale natural field experiment conducted in the United Kingdom, involving...