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More Pembroke news

Believe in Him Installation Visits Pembroke

Believe in Him, created by Utah artist Tom Holdman in collaboration with the Roots of Humanity Foundation, is a 32-foot long stained glass exhibit which has travelled between Rome, Paris and London. During the recent vacation, the travelling exhibition spent a week in Pembroke's Hall and Chapel, where it was enjoyed by students, staff and visitors.

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Patience Agbabi (1983) elected to Honorary Fellowship at Pembroke College

We are delighted to announce that renowned poet and novelist Patience Agbabi (1983) has been elected to an Honorary Fellowship in recognition of her distinguished writing career.

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Can pricing algorithms cause collusion?

NEWS |

Pembroke's Professor Ariel Ezrachi is co-author with Professor Maurice Stucke of The University of Tennessee of a new paper: Artificial Intelligence & Collusion: When Computers Inhibit Competition.

Their paper explores the possibilities for, and consequences of, price collusion that have arisen with the development of complicated computer algorithms by companies operating online: "Sophisticated computers are central to the competitiveness of present and future markets. With the accelerating development of Artificial Intelligence, they are set to change the competitive landscape and the nature of competitive restraints. As pricing mechanisms shift to computer pricing algorithms, so too will the types of collusion."

Coverage of this paper has included articles in The New Yorker and Business Insider UK.