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Title:Constitutional challenges in the algorithmic society Editor(s):MICKLITZ, Hans-WolfgangEUI affiliated; POLLICINO, Oreste; REICHMAN, Amnon; SIMONCINI, Andrea; SARTOR, GiovanniEUI affiliated; DE GREGORIO, GiovanniDate:2022Citation: Cambridge : Cambridge University Press, 2022 Type:BookAbstract:New technologies have always challenged the social, economic, legal, and ideological status quo. Constitutional law is no less impacted by such technologically driven transformations, as the state must formulate a legal ...
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Title:Regulating innovation in the digital age : towards a demand-conscious regulatory paradigm Author(s):DIVISSENKO, NikitaEUI affiliated https://orcid.org/0000-0002-2353-0632Date:2022Citation: Florence : European University Institute, 2022 Type:ThesisSeries/Number:EUI PhD theses; Department of LawAbstract:This thesis contributes to the debate over the role, impact, and limitations of regulation as a tool for shaping innovative markets. This contribution delineates the issues that arise at the intersection of innovation that ...
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Title:Unlocking the potential of AI : opportunities and challenges for European policy Author(s):HANSPACH, PhilipEUI affiliated https://orcid.org/0000-0003-3177-6752; SANCHEZ DEL VILLAR SANTAMARÍA, Marina IsabelEUI affiliatedDate:2021Type:OtherSeries/Number:Policy Briefs; 2021/16; Florence School of Regulation; [Communications and Media]Abstract:On 14 January 2021, members of the European Parliament’s (EP) committee on Artificial Intelligence in a Digital Age (AIDA) consulted with experts from the European University Institute (EUI) on topics in the regulation of ...
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Title:Algorithmic collusion with imperfect monitoring Author(s):CALVANO, Emilio; CALZOLARI, GiacomoEUI affiliated https://orcid.org/0000-0002-9679-2449; DENICOLO, Vincenzo; PASTORELLO, SergioDate:2021Citation: International journal of industrial organization, 2021, Vol. 79, Art. 102712, OnlineOnly Type:ArticleAbstract:We show that if they are allowed enough time to complete the learning, Q-learning algorithms can learn to collude in an environment with imperfect monitoring adapted from Green and Porter (1984), without having been ...
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Title:Autonomous algorithmic collusion : economic research and policy implications Author(s):ASSAD, Stephanie; CALVANO, Emilio; CALZOLARI, GiacomoEUI affiliated https://orcid.org/0000-0002-9679-2449; CLARK, Robert; DENICOLÒ, Vincenzo; ERSHOV, Daniel; JOHNSON, Justin; PASTORELLO, Sergio; RHODES, Andrew; XU, Lei; WILDENBEEST, MatthijsDate:2021Citation: Oxford review of economic policy, 2021, Vol. 37, No. 3, pp. 459–478 Type:ArticleAbstract:Markets are being populated with new generations of pricing algorithms, powered with artificial intelligence (AI), that have the ability to autonomously learn to operate. This ability can be both a source of efficiency and ...
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Title:Algorithmic collusion, genuine and spurious Author(s):CALVANO, Emilio; CALZOLARI, GiacomoEUI affiliated https://orcid.org/0000-0002-9679-2449; DENICOLÒ, Vincenzo; PASTORELLO, SergioDate:2021Type:Working PaperSeries/Number:CEPR Discussion Papers; 2020/16393Abstract:We clarify the difference between the asynchronous pricing algorithms analyzed by Asker, Fershtman and Pakes (2021) and those considered in the previous literature. The difference lies in the way the algorithms explore: ...
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Title:Behaviourally informed retail financial regulation : turning bias into bliss? Author(s):YIATROU, MikaellaEUI affiliated https://orcid.org/0000-0001-7323-5685Date:2020Citation: Florence : European University Institute, 2020 Type:ThesisSeries/Number:EUI PhD theses; Department of LawAbstract:The thesis examines whether the existing European retail investor protection legislation can be interpreted to be taking into account behavioural heuristics, biases, and norms that the average individual exhibits in their ...
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Title:Protecting consumers from collusive prices due to AI Author(s):CALZOLARI, GiacomoEUI affiliated https://orcid.org/0000-0002-9679-2449; DENICOLÒ, Vincenzo; CALVANOL, Emilio; HARRINGTON Jr., Joseph E.; PASTORELLOL, SergioDate:2020Citation: Science, 2020, Vol. 370, No. 6520, pp. 1040-1042 Type:ArticleAbstract:The efficacy of a market system is rooted in competition. In striving to attract customers, firms are led to charge lower prices and deliver better products and services. Nothing more fundamentally undermines this process ...
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Title:Models of law and regulation for AI Author(s):PETIT, NicolasEUI affiliated https://orcid.org/0000-0001-8185-6000; DE COOMAN, JeromeDate:2020Type:Working PaperSeries/Number:EUI RSCAS; 2020/63Abstract:This paper discusses models of law and regulation of Artificial Intelligence (“AI”). The discussion focuses on four models: the black letter model, the emergent model, the ethical model, and the risk regulation model. All ...
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Title:Artificial intelligence, algorithmic pricing, and collusion Author(s):CALVANO, Emilio; CALZOLARI, GiacomoEUI affiliated https://orcid.org/0000-0002-9679-2449; DENICOLÒ, Vincenzo; PASTORELLO, SergioDate:2020Citation: American economic review, 2020, Vol. 110, No. 10, pp. 3267-3297 Type:ArticleAbstract:Increasingly, algorithms are supplanting human decision-makers in pricing goods and services. To analyze the possible consequences, we study experimentally the behavior of algorithms powered by Artificial Intelligence ...
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AuthorCALZOLARI, Giacomo (5)CALVANO, Emilio (4)DENICOLÒ, Vincenzo (4)PASTORELLO, Sergio (4)SARTOR, Giovanni (4)ROTOLO, Antonino (3)BEKIROS, Stelios D. (2)PITT, Jeremy (2)RIVAS, Javier (2)RIVERET, Régis (2)... View MoreSubjectArtificial intelligence (2)C72 (2)D83 (2)Regulation (2)Adaptive Learning (1)agent-based computational economics (1)Agent-based modeling (1)Auction (1)auction design (1)C73 (1)... View MoreTypeArticle (10)Thesis (10)Working Paper (10)Book (1)Contribution to book (1)Other (1)Date Issued2020 - 2022 (11)2010 - 2019 (11)2000 - 2009 (8)1990 - 1999 (3)Series/NumberEUI PhD theses (10)Department of Economics (6)EUI ECO (5)Department of Law (4)EUI RSCAS (2)1998/31 (1)1998/40 (1)2007/21 (1)2008/13 (1)2009/69 (1)... View More
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