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Firms will soon be using AI modeling to determine their optimal level of output and pricing.

Algorithmic Collusion Without Communication

Tomorrow, will the stores you frequent be using AI modeling to set their pricing and production figures? AI models are doing that right now, and may come to engage in "collusion" by independently concluding that higher prices and lower output leads to greater profits....
4 min read
Inferior good
Definitions

Inferior good

Published on January 28, 2020

Indirect taxes
Definitions

Indirect taxes

Published on January 28, 2020

Income Effect
Definitions Behavioural economics

Income Effect

Published on January 28, 2020

Incidence of tax
Definitions

Incidence of tax

Published on January 28, 2020

Inactivity rate
Definitions

Inactivity rate

Published on January 28, 2020

Import quota
Definitions

Import quota

Published on January 28, 2020

Imports
Definitions

Imports

Published on January 28, 2020

Human development index
Definitions

Human development index

Published on January 28, 2020

The herfindahl-hirschman index
Definitions

The herfindahl-hirschman index

Published on January 28, 2020

Economic growth
Definitions

Economic growth

Published on January 28, 2020

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Cityscape featuring a mix of historic and modern architecture, including a red brick building with a tower and clock amidst tall glass structures.

Shifts in the UK economy are changing attitudes to investment risk

The United Kingdom is a nation of savers, with an exceptionally low risk appetite when it comes to investing. Could a brightening economic o...
4 min read

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