We analyze the effects of better algorithmic demand forecasting on collusive profits. We show that the comparative …

We analyze the effects of better algorithmic demand forecasting on collusive profits. We show that the comparative …

We build a game-theoretic model to examine how better demand forecasting due to algorithms, machine learning and … colluding firms to better tailor prices to demand conditions, it also increases each firm's temptation to deviate to a lower … price in time periods of high predicted demand. Overall, our research suggests that, despite concerns expressed by …

Demand analysis is one of the cornerstones of any supply chain management system, and most of the key operational … decisions in the supply chain rely on accurate demand predictions. Although there is a large body of academic literature … is that firms need to decide about thousands of products and the patterns of demand could be very different between them …

direct test of the optimal deterrence theory of antitrust crimes.Regressions are fitted to a sample of the corporations that … collusion. However, U.S. fines do not conform to the theory's predictions about the probability of detection and conviction of …