most citedImplementing a Hierarchical Deep Learning Approach for Simulating Multi-Level Auction Data

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cs.GT2024

Algorithmic Collusion And The Minimum Price Markov Game

Igor Sadoune, Marcelin Joanis, Andrea Lodi

This paper introduces the Minimum Price Markov Game (MPMG), a theoretical model that reasonably approximates real-world first-price markets following the minimum price rule, such a…