Can algos collude? Quants are finding out

Oxford-Man Institute is among those asking: could algorithms gang up and squeeze customers?

Pricing algorithms—for anything from airline tickets to cinema seats—are a part of daily life. And daily life produces some of the most striking instances of what can happen when those algos go awry.

Take the bizarre story of a book about fruit fly genetics that wound up with a $24 million listing on Amazon in 2011. Two bookdealers that relied on Amazon’s pricing algos to maximize profit saw the algorithms become locked in a kind of inverse bidding war on Peter Lawrence’s The Making of a Fly

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As well as reducing settlement failures, researchers believe generative AI can provide investment managers with improved research, prioritization, and allocation resources.

Interoperability is not AI

Dan Schleifer, co-founder of, explains how desktop interoperability underpins new AI developments.

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