Open AccessCompetition Policy in Selection Markets
Author(s) -
Neale Mahoney,
André Veiga,
E. Glen Weyl
Publication year - 2014
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.2484738
Subject(s) - selection (genetic algorithm) , competition (biology) , competition policy , business , economics , industrial organization , market economy , computer science , artificial intelligence , biology , monopoly , ecology
We have found that in many realistic cases there can be too much competition in selection markets and that, even when this is not the case, many standard intuitions of competition policy are reversed by the presence of selection. Neale Mahoney (Univ. of Chicago), AndrA© Veiga (Nuffield College, Oxford Univ.), & Glen Weyl (Microsoft Research, Univ. of Chicago)
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