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econ.TH2024
Memoryless Algorithmic Collusion: Sure to Fail, Slow to Fall
Zhang Xu, Wei Zhao
This paper shows that, in a class of Bertrand-style competition games, memoryless Q-learning algorithms should adapt to Nash Equilibrium given sufficient explorations in the long-r…
econ.GN2024
Artificial Intelligence, Data and Competition
Zhang Xu, Mingsheng Zhang, Wei Zhao
This paper examines how data inputs shape competition among artificial intelligences (AIs) in pricing games. The dataset assigns labels to consumers and divides them into different…