arXiv AI

Misspecified Estimate-then-Optimize Leads to Supra-Competitive Prices

arXiv:2605. 16064v2 Announce Type: replace-cross Abstract: We study whether simple algorithmic pricing systems can systematically produce collusive-like prices in multi-firm markets.

arXiv AI
Jun 9

Supracompetitive Pricing Under AI Monoculture

arXiv:2601. 01279v3 Announce Type: replace-cross Abstract: When competing sellers delegate pricing to a shared AI model, such as a large language model, correlated recommendations combined with performance-driven updates aggregating seller feedback raise a key question: can standard AI deployment practices inadvertently produce supracompetitive pricing?

By Shengyu Cao, Ming Hu
arXiv AI
Jul 7

Strategic Buying Agents

arXiv:2607. 04708v1 Announce Type: cross Abstract: Agentic AI is shifting online shopping from search toward delegated purchasing, where autonomous buying agents monitor markets and decide when to buy on a consumer's behalf.

By Mingyang Fu, Ming Hu