Effects of artificial intelligence on duopoly competition
Pu-yan Nie,
Chan Wang and
Hong-Xing Wen
Applied Economics Letters, 2023, vol. 30, issue 13, 1827-1832
Abstract:
This article highlights duopoly competition with artificial intelligence (AI) technology. With game theory model, some interesting conclusions are obtained. On one hand, high-cost firms have more intention to invest AI. On the other hand, AI reduces output difference while promotes consumer surplus.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:30:y:2023:i:13:p:1827-1832
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DOI: 10.1080/13504851.2022.2083064
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