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Algorithms are now playing a central role in digital marketplaces, setting prices and automatically responding in real time to competitors’ behaviour. The deployment of automated pricing algorithms is scrutinized by economists and regulatory agencies, concerned about its impact on prices and competition. Existing research has so far been limited to cases where all firms use the same algorithm, suggesting that anti-competitive behaviour might spontaneously arise in that setting. Here we introduce and study a general anti-competitive mechanism, adversarial collusion, where one firm manipul...

IIT Madras offers a course for working professionals which can help aspirants to pursue career and education simultaneously.

Machine learning has gained popularity in predicting survival time in the medical field. This review examines studies utilizing machine learning and data-mining techniques to predict lung cancer survival using clinical data. A systematic literature review searched MEDLINE, Scopus, and Google Scholar databases, following reporting guidelines and using the COVIDENCE system. Studies published from 2000 to 2023 employing machine learning for lung cancer survival prediction were included. Risk of bias assessment used the prediction model risk of bias assessment tool. Thirty studies were reviewed, w...

KATHMANDU, Oct 5: Amid concerns about challenges in attracting foreign direct investment (FDI) due to procedural complexities, the government is set to streamline the process by approving foreign investments of up to Rs 500 million through the automatic route.

The new Oracle Database 23c arrives with 300+ features, but it's the new AI and ML features will truly enable enterprises to fully extract the value of generative AI.