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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
Definitions

Carbon_offsetting

Published on January 28, 2020

What are buffer stocks?
Definitions

What are buffer stocks?

Published on January 28, 2020

Definitions

Barriers_to_entry

Published on January 28, 2020

Balance of payments - definition
Definitions

Balance of payments - definition

Published on January 28, 2020

Definition of asymmetric shocks
Definitions

Definition of asymmetric shocks

Published on January 28, 2020

Asymmetric information - definition
Definitions

Asymmetric information - definition

Published on January 28, 2020

Definition of aggregate supply
Definitions

Definition of aggregate supply

Published on January 28, 2020

Definitions

Aggregate_demand

Published on January 28, 2020

Definitions

Affordability

Published on January 28, 2020

Definition of ad valorem tax
Definitions

Definition of ad valorem tax

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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