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“Strategic Responses to Algorithmic Recommendations: Evidence from Hotel Pricing” (c) Management Science 2024

On the strategic interaction of AI advisors and human managers

The paper “Strategic Responses to Algorithmic Recommendations: Evidence from Hotel Pricing” by Daniel Garcia (U Vienna), Juha Tolvanen (U Tor Vergata Rome), and Alexander K. Wagner (PLUS) is now available in Management Science, a top journal for research in Business, Economics and Management. The paper theoretically and empirically studies the strategic interaction between an algorithmic AI advisor that recommends prices and a human manager who sets prices based on the algorithm’s price recommendations in the context of hotel room pricing.

Published on 22 April 2024
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