Economics Online
Economics Online
Home Business Economics Definitions Global Economics Managing the Economy Competitive Markets Write For Us
Home Business Economics Definitions Global Economics Managing the Economy Competitive Markets Write For Us Search
Digital twins and AI modeling can help companies determine exactly when maintenance should be done to maximize efficiency.

The Economics of Digital Twins and Predictive Maintenance

Large companies may be spending billions of dollars a year in inefficient maintenance on their capital goods, either doing too much maintenance and wasting money or not enough maintenance and dealing with equipment failure. Can digital twins and AI end this inefficiency?...
4 min read
Glowing ad in a blur
Behavioural economics Managing the economy Business economics

Bayesian Persuasion and Information Design: How Free Audits Shape Client Decisions

Published on August 15, 2024

A hand holding euro banknotes in front of a calculator, other currency notes, and financial charts.
Definitions Business economics

ATC Curve

Published on August 13, 2024

Man viewed from Top Down, working on a laptop and looking at invoices.
Business economics Managing the economy Market Failure

Unpaid Invoices: The Hidden Crisis Facing UK Small Businesses

Published on August 12, 2024

Screen of software development console open, with black background.
Business economics Competitive markets

Innovation Economics and Endogenous Growth Theory: How SaaS Clusters Drive Knowledge Spillovers and Productivity Gains

Published on August 09, 2024

A black-and-white photo of two people in the meeting room discussing.
Definitions Business economics

Actuarial Science vs. Economics

Published on August 04, 2024

A hand reaching toward two black cards placed on a wooden surface, one labeled "BUY" and the other labeled "SELL".
Forex Trading Business economics

Trading Platforms Offering More Bespoke Services As Competition Increases

Published on August 03, 2024

A person working on a laptop with the screen displaying an e-commerce platform layout.
Business economics

Small Business Share of Global Economy Grows As Ecommerce Barriers Decrease

Published on August 03, 2024

Two chefs working in a kitchen.
Behavioural economics Business economics

Hedonic Pricing and Consumer Surplus in the Experience Economy: Why We Hire a Chef

Published on August 03, 2024

A close-up shot of a one hundred-dollar bill.
Definitions Business economics

Average Variable Costs in Economics

Published on August 02, 2024

A leather wallet with U.S. dollar bills secured by a metal money clip, placed on a dark surface.
Definitions Business economics

Historical Cost Principle

Published on August 02, 2024

Newer Posts
Page 5 of 27
Older Posts
As AI makes fake news harder to distinguish from factual information, will consumers begin paying for verified sources?

The Economics of Deepfake Detection: Trust, Verification, and Information Markets

As AI makes fake news and misinformation harder and harder to detect, will consumers and producers begin paying for verification and certification of authenticity? Should governments get involved to re-establish trust in information to soothe roiling markets?...
4 min read

Recent Post

What would happen if sellers could use AI to determine how much you are willing and able to pay for every possible product?
The Economics of Hyper-Personalization: When Every Consumer Gets a Different Price
December 24, 2025
Thanks to the ease of remote work with today's technology, do cities still enjoy an agglomeration advantage?
The Geography of Remote Work: Are Cities Losing Their Agglomeration Advantage?
December 19, 2025
Instead of paying for Internet ads or TV commercials featuring celebrities, many firms are now using social media influencers to endorse products.
The Economics of Micro-Influencers: Reputation, Pricing, and Market Structure
December 19, 2025

Tag Cloud

Behavioural economics Business economics Competitive markets Crypto Definitions Factors of production Forex Trading Global economics Information Failure Labour markets Managing the economy Market Failure Market failures Profiles Questions Quiz Right Rail Uncategorized Updates YouTube

Navigation

Privacy Policy Terms of Service About Us Contact Us

Follow Us

© All Rights Reserved - Bright X Media LLC - EconomicsOnline.co.uk 2008 - 2024