Algorithms Collude: The New Antitrust Frontier - Episode Hero Image

Algorithms Collude: The New Antitrust Frontier

Original Title: Game Theory, Algorithms and High Prices

Resources

Resources & Recommendations

Articles & Papers

  • "The Game Theory of How Algorithms Can Drive Up Prices" by Ben Brubaker (Quanta Magazine) - This article explores how algorithms, even without malicious intent, can lead to increased prices for consumers.

People Mentioned

  • Natalie Kolina (Graduate student from U Penn) - Co-author of the new research on algorithmic collusion.
  • Eshwar Arunachalam (Graduate student from U Penn) - Co-author of the new research on algorithmic collusion.
  • Tom Murphy VII (Programmer and recreational mathematician) - Creator of a delightful YouTube channel featuring quirky computer science and math-related videos.
  • Franklin Delano Roosevelt (President of the United States) - His 1934 speech about the National Recovery Administration and the need for regulation to protect the economy was featured.

Organizations & Institutions

  • Christie's - Mentioned as one of the two big players in high-end art auctions.
  • Sotheby's - Mentioned as one of the two big players in high-end art auctions.
  • U.S. Justice Department - Noticed and took action against the collusion between Christie's and Sotheby's in the 1990s.
  • Quanta Magazine - The publication that hosts the podcast and where Ben Brubaker's article was published.
  • Simons Foundation - Supports Quanta Magazine, an editorially independent publication.
  • PRX Productions - Produces the Quanta Podcast.

Laws & Regulations

  • Sherman Anti-Trust Act - U.S. law against collusion and anti-competitive practices.

Tools & Software

  • RealPage - Software for landlords that was the subject of a high-profile lawsuit by the Justice Department due to alleged algorithmic collusion.

Websites & Online Resources

  • Science Friday - A podcast recommended for surprising facts, expert insights, and tackling big questions.
  • Tom Murphy VII's YouTube channel - Features weird videos about programming, recreational mathematics, and experimental projects like recutting Star Wars alphabetically.

Other Resources

  • "Shapes That Can't Pass Through Each Other" (Quanta story) - A fun story that Tom Murphy VII contributed to.

---
Handpicked links, AI-assisted summaries. Human judgment, machine efficiency.
This content is a personally curated review and synopsis derived from the original podcast episode.