<p>If you are looking for the econ literature:</p>
<ul>
<li>Calvano, E., Calzolari, G., Denicolo, V., &amp; Pastorello, S. (2020). Artificial intelligence, algorithmic pricing, and collusion. American Economic Review, 110(10), 3267-97.</li>
<li>Klein, T. (2021). Autonomous algorithmic collusion: Q‐learning under sequential pricing. The RAND Journal of Economics, 52(3), 538-558.</li>
<li>Calvano, E., Calzolari, G., Denicolò, V., &amp; Pastorello, S. (2019). Algorithmic pricing what implications for competition policy?. Review of industrial organization, 55(1), 155-171.</li>
<li>Brown, Z. Y., &amp; MacKay, A. (2021). Competition in pricing algorithms (No. w28860). National Bureau of Economic Research.</li>
<li>Hansen, K. T., Misra, K., &amp; Pai, M. M. (2021). Frontiers: Algorithmic collusion: Supra-competitive prices via independent algorithms. Marketing Science, 40(1), 1-12.</li>
</ul>

CC BY-SA 4.0
2022-02-26T10:08:33.930Z
I know three of these papers and I think they are theoretical: they are not about currently used algorithms, but the potential consequences of using some types of algorithms. **None** of them offers a survey on what class most of the actually used algorithms fall into. Could you please edit some relevant quotes into your answer? Or is this just cynical bounty hunting ;)
Giskard
CC BY-SA 4.0
2022-02-26T10:15:00.483Z
@Giskard Now at least someone next who tries to answer knows that these don't help. ;)
Alalalalaki
CC BY-SA 4.0
2022-02-26T10:18:27.007Z
Okay! (-1) Seems like this information came from my comment though, not the answer, which does not seem useful.
Giskard
CC BY-SA 4.0
2022-02-26T09:35:24.030Z
2022-02-26T09:35:24.030Z
Alalalalaki
<p>Many sellers operating in digital platforms (like Amazon) nowadays rely on artificial intelligence algorithms to set their prices and adjust them over time. I wonder whether there is a sense in the literature about which classes (the majority of) these  algorithms fall in: reinforcement learning? Regret minimisation? Is there anything (well) established in the literature about this?</p>

CC BY-SA 4.0
2022-02-22T08:07:33.047Z
Are you looking for references from economics literature? I doubt such algorithm design is economics. This question may be better suited for Data Science stackexchange.
Dayne
CC BY-SA 4.0
2022-02-22T17:34:51.810Z
Do you refer to 3rd party sellers on Amazon or 1P?
AKdemy
CC BY-SA 4.0
2022-02-22T17:42:10.280Z
Both, but primarily to 3rd party sellers
Star
CC BY-SA 4.0
2022-02-22T18:00:12.833Z
OK, I think the main goal for them is to get into the [buy box](https://mislove.org/publications/Amazon-WWW.pdf) as about 80% of sales happen there. Most will rely on [other firms](https://sourceforge.net/software/product/Feedvisor/alternatives) to help them get there. I am not sure about details on methods they use but it will almost certainly focus on trying to figure out how AMZN ranks it into the buy box. For Amazon it's difficult to get details (like for any big tech firm). I don't work in that field, so cannot comment much. I wish you all the best for finding details. Interesting topic.
AKdemy
CC BY-SA 4.0
2022-02-25T10:41:16.500Z
Do you have any evidence to support the claim made in the first sentence of your question? I doubt that it's true.
Mick
<reference-request><price><price-theory><algorithms>
Algorithmic pricing
Star
# Algorithmic pricing

(Asked by: username_0 on 2022-02-17)

Many sellers operating in digital platforms (like Amazon) nowadays rely on artificial intelligence algorithms to set their prices and adjust them over time. I wonder whether there is a sense in the literature about which classes (the majority of) these algorithms fall in: reinforcement learning? Regret minimisation? Is there anything (well) established in the literature about this?

**Tags:** reference-request, price, price-theory, algorithms

> **Comments:**
> **username_1**: Are you looking for references from economics literature? I doubt such algorithm design is economics. This question may be better suited for Data Science stackexchange.  
> **username_2**: Do you refer to 3rd party sellers on Amazon or 1P?  
> **username_0**: Both, but primarily to 3rd party sellers  
> **username_2**: OK, I think the main goal for them is to get into the [buy box](https://mislove.org/publications/Amazon-WWW.pdf) as about 80% of sales happen there. Most will rely on [other firms](https://sourceforge.net/software/product/Feedvisor/alternatives) to help them get there. I am not sure about details on methods they use but it will almost certainly focus on trying to figure out how AMZN ranks it into the buy box. For Amazon it's difficult to get details (like for any big tech firm). I don't work in that field, so cannot comment much. I wish you all the best for finding details. Interesting topic.  
> **username_3**: Do you have any evidence to support the claim made in the first sentence of your question? I doubt that it's true.  

---

## 1 answers

### Answer by username_4 on 2022-02-26. Score: -2

If you are looking for the econ literature:

* Calvano, E., Calzolari, G., Denicolo, V., & Pastorello, S. (2020). Artificial intelligence, algorithmic pricing, and collusion. American Economic Review, 110(10), 3267-97.
* Klein, T. (2021). Autonomous algorithmic collusion: Q‐learning under sequential pricing. The RAND Journal of Economics, 52(3), 538-558.
* Calvano, E., Calzolari, G., Denicolò, V., & Pastorello, S. (2019). Algorithmic pricing what implications for competition policy?. Review of industrial organization, 55(1), 155-171.
* Brown, Z. Y., & MacKay, A. (2021). Competition in pricing algorithms (No. w28860). National Bureau of Economic Research.
* Hansen, K. T., Misra, K., & Pai, M. M. (2021). Frontiers: Algorithmic collusion: Supra-competitive prices via independent algorithms. Marketing Science, 40(1), 1-12.

> **Comments:**
> **username_5**: I know three of these papers and I think they are theoretical: they are not about currently used algorithms, but the potential consequences of using some types of algorithms. **None** of them offers a survey on what class most of the actually used algorithms fall into. Could you please edit some relevant quotes into your answer? Or is this just cynical bounty hunting ;)  
> **username_4**: @username_5 Now at least someone next who tries to answer knows that these don't help. ;)  
> **username_5**: Okay! (-1) Seems like this information came from my comment though, not the answer, which does not seem useful.  

---

