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
Four empty shopping trolleys lined up.
Definitions Managing the economy

Consumption Function

Published on November 05, 2024

Cell towers in twilight.
Behavioural economics Business economics Competitive markets Managing the economy Information Failure

Anonymity, Information Asymmetry, and State Capacity

Published on October 31, 2024

An image of person counting money.
Definitions Managing the economy

Disinflation Definition

Published on October 29, 2024

A busy market street with colorful umbrellas and a cycle rickshaw loaded with goods.
Managing the economy

Economic Development Stasis: Rent Seeking in Bangladesh

Published on October 25, 2024

An image of Euro bills.
Definitions Managing the economy

Seigniorage Explained

Published on October 22, 2024

A dilapidated three wheel passenger motorcycle in, presumably, Nigeria.
Managing the economy

The Economic Paradox of Nigeria: Oil Wealth and Underdevelopment

Published on October 14, 2024

Warsaw city skyline at night, featuring the illuminated Tower of Warsaw against a dark sky.
Managing the economy

Poland's Transition from Communism: Non-Corrupt Auctions and Equitable Resource Distribution

Published on October 14, 2024

A towering statue holding a sword and shield rises above a misty forest.
Managing the economy

Why Ukraine’s Economic Development Has Lagged Despite Its Vast Natural Resources and Educated Population

Published on October 14, 2024

An elderly woman wearing a pink headscarf stands gracefully in front of a textured wall.
Managing the economy

Ethiopia’s Economic Challenges: Understanding Why It Hasn’t Achieved Sustainable Development Despite Its Long History

Published on October 14, 2024

 An image of Hallgrimskirkja church surrounded by trees and a pathway leading up to its entrance.
Managing the economy

The Resilience of Iceland: Why It Recovered Rapidly from the 2008 Economic Crisis and Maintains Economic Stability Today

Published on October 14, 2024

Newer Posts
Page 4 of 26
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