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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
Demand
Definitions

Demand

Published on January 28, 2020

Deflation
Definitions

Deflation

Published on January 28, 2020

Clycical unemployment
Definitions

Clycical unemployment

Published on January 28, 2020

Definition of customs union
Definitions

Definition of customs union

Published on January 28, 2020

Balance of payments current account
Definitions

Balance of payments current account

Published on January 28, 2020

Definitions

Corporate Social Responsibility

Published on January 28, 2020

The consumer price index (CPI)
Definitions

The consumer price index (CPI)

Published on January 28, 2020

Cost plus pricing
Definitions

Cost plus pricing

Published on January 28, 2020

Contractionary policy
Definitions

Contractionary policy

Published on January 28, 2020

Contestability
Definitions

Contestability

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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