Interactions of automated pricing algorithms

Subscribe (Full Service)


	Search: The ACM Digital Library The Guide

	Feedback

Interactions of automated pricing algorithms: an experimental investigation

Full text

Pdf (466 KB)

Source

Electronic Commerce archive
Proceedings of the 2nd ACM conference on Electronic commerce table of contents

Minneapolis, Minnesota, United States

Pages: 77 - 85

Year of Publication: 2000

ISBN:1-58113-272-7

Authors

Cary A. Deck	Economic Science Laboratory, University of Arizona, Tucson, AZ
Bart J. Wilson	Economic Science Laboratory, University of Arizona, Tucson, AZ

Sponsor

SIGEcom: ACM Special Interest Group on Electronic Commerce

Publisher

ACM New York, NY, USA

Bibliometrics

Downloads (6 Weeks): 3, Downloads (12 Months): 12, Citation Count: 2

Additional Information:

references cited by index terms collaborative colleagues

Tools and Actions:	Request Permissions Review this Article Save this Article to a Binder Display Formats: BibTeX EndNote ACM Ref

DOI Bookmark:	Use this link to bookmark this Article: http://doi.acm.org/10.1145/352871.352880 What is a DOI?

REFERENCES

Note: OCR errors may be found in this Reference List extracted from the full text article. ACM has opted to expose the complete List rather than only correct and linked references.

	1	Arbatskaya, M., M. Hviid, and G. Shaffer, "On the Incidence and Variety of Low-Price Guarantees," Mimeo, (1999).
	2	Davis, D.D. and B.J. Wilson. "Firm-specific Cost Savings and Market Power." Economic Theory, forthcoming, (2000).
	3	Deck, C.A. and B.J. Wilson, "Implications for Automating Posted Prices on the Internet," Working Paper, Economic Science Laboratory, University of Arizona, 2000. Available at: http://w3.econlab.arizona.edu/~bwilson/working_papers.htm.
	4	Dixit, A. and B. Nalebuff, Thinking Strategically, W.W. Norten & Company, Inc., New York (1991).
	5	Doyle, C., "Different Selling Strategies in Bertrand Oligopoly." Economics Letters, 28, 387-390 (1988).
	6	Amy R. Greenwald , Jeffrey O. Kephart , Gerald J. Tesauro, Strategic pricebot dynamics, Proceedings of the 1st ACM conference on Electronic commerce, p.58-67, November 03-05, 1999, Denver, Colorado, United States [doi>10.1145/336992.337008]
	7	Hodrick R., and E. Prescott, "Postwar U.S. Business Cycles: An Empirical Investigation," Journal of Money, Credit, and Banking, 29, 1-16 (1997).
	8	Hviid, M. and G. Shaffer, "Hassle-Costs, The Achilles Heel of Price Matching Guarantees," Journal of Economics and Management Strategy, forthcoming.
	9	Kruse, J., S. Rassenti, S. Reynolds, and V. Smith, "Bertrand-Edgeworth Competition in Experimental Markets," Econometrica, 62, 343-71 (1994).
	10	Logan, J. and R. Lutter, "Guaranteed Lowest Prices: Do They Facilitate Collusion," Economics Letters, 31, 189-192 (1989).
	11	Png, I. and D. Hirschleifer, "Price Discrimination Through Offers to Match Price," Journal of Business, 60, 365-383 (1987).
	12	Salop, S., "Practices that (Credibly) Facilitate Oligopoly Coordination," In J. Stiglitz and F. Mathewson, eds., New Developments in the Analysis of Market Structure, MIT Press, Cambridge, MA (1986).
	13	Tesauro, G., "Pricing in Agent Economies Using Neural Networks and Multi-agent Q-Learning," In Proceedings of the IJCAI Workshop on Learning About, From and With Other Agents (August, 1999).
	14	Varian, H., "A Model of Sales" American Economic Review, 70(4), 651-659 (September, 1980).

CITED BY 2

	Joan Morris DiMicco , Amy Greenwald , Pattie Maes, Dynamic pricing strategies under a finite time horizon, Proceedings of the 3rd ACM conference on Electronic Commerce, p.95-104, October 14-17, 2001, Tampa, Florida, USA
	Cary A. Deck , Bart J. Wilson, The Effectiveness of Low Price Matching in Mitigating the Competitive Pressure of Low Friction Electronic Markets, Electronic Commerce Research, v.2 n.4, p.385-398, November 2002