SOURCE-LINKED INTELLIGENCE

Artificial Intelligence and Competition

CORDIS · observation · Publication date unknown

Artificial Intelligence and Competition AI algorithms are increasingly being used in markets. It is generally agreed that they create a wealth of value by facilitating economic interactions. However, there are also concerns that when applied to market environments, they could lessen competition and harm consumers. This proposal sets forth an important first step of an articulated research program on AI and Competition. The proposal is structured as three organic projects focusing on two important classes of AI algorithms. The first class, price-setting algorithms, are tools that are used by online merchants to set retail prices. As the algorithms of each merchant interact in a common market, they can mutually learn to defeat competition. We plan to study how these collusive conducts are learned to propose a direction for potential regulation. The second class, recommender systems (RS), a

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recordType

award

status

SIGNED

region

EU

value

1877793

unit

EUR