3 ms·
... the concerns about price fixing aren't about the velocity at which the prices change, they are about the magnitude of the prices. From the paper you linked
by dqv 2y ago
... the concerns about price fixing aren't about the velocity at which the prices change, they are about the magnitude of the prices.
From the paper you linked:
> We also find that average rents are higher and average occupancies are lower in markets with greater algorithmic penetration during periods of economic recovery.
> We estimate that the coordination channel results in an average markup increase of $25 per unit per month, impacting about 4.2 million units nationwide.