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Posted on October 20, 2020 By Cris Lowery “BSU (Baptist Student Union) saved my life.” The first time I heard that phrase was in an administrative council meeting where I was serving as the interim pastor. Jim Bellah was the chairman of the council, and I was talking about the fact that I had taken on a new responsibility as the state Baptist Collegiate Ministries (BCM) director and would need to be traveling to visit campuses.
In a future of widespread algorithmic pricing, inadvertent cooperation between algorithms is easier than ever, resulting in coordinated price rises. While governments have clear cut laws to assess and deter traditional collusion, automated pricing poses interesting questions as to what will or will not be allowed. We build and demonstrate how a Q-learner algorithm, even under extremely innocent conditions, can reach a collusive outcome in a virtual marketplace.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
