Algorithmic Collusion by Large Language Models

Sara Fish, Yannai A. Gonczarowski, Ran I. Shorrer

Two LLM-run firms set prices in a repeated duopoly; the question is whether they converge on supracompetitive prices without communicating.

paper

game theory collusion

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BibTeX

@misc{fish-2024-algorithmic-collusion-by,
  author = {Sara Fish and Yannai A. Gonczarowski and Ran I. Shorrer},
  title = {{Algorithmic Collusion by Large Language Models}},
  year = {2024},
  url = {https://arxiv.org/abs/2404.00806}
}