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We provide a new framework to identify demand elasticities in markets where managers rely on algorithmic recommendations for price setting, and apply it to a dataset containing bookings for a sample of mid-sized hotels in Europe. Using non-binding algorithmic price recommendations and observed...
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version of the model studied in Bonhomme et al. (2022). We show that inference is possible in this setting using a … cluster. Our approach shares similarities with methods from the double machine learning literature, as the underlying moment …
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an ad-hoc manner and the double machine-learning approach that employs data-driven methods to select controls from a much … wider set of variables. Overall, the E7findings based on the preferable double machine-learning approach differ across the … stunting) used in the analysis. Double machine-learning estimates for the Republic of Congo suggest that height-for-age Z …
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