AI-Powered Collusion in Financial Markets

Itay Goldstein And Winston Wei Dou headshots, with the heading "Discoveries" The use of artificial intelligence in capital markets is becoming more widespread due to its perceived ability to enhance efficiency. But a recent study by Itay Goldstein and Winston Wei Dou, professors of finance at Wharton, demonstrates the ever-present risk of AI-powered market manipulation through collusive trading – despite AIRead More