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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
Questions on labour markets
Questions

Questions on labour markets

Published on January 29, 2020

Questions

Regulation

Published on January 29, 2020

Questions on economies and diseconomies of scale
Questions

Questions on economies and diseconomies of scale

Published on January 29, 2020

Questions on price discrimination
Questions

Questions on price discrimination

Published on January 29, 2020

Questions on monopoly
Questions

Questions on monopoly

Published on January 29, 2020

Questions on game theory
Questions

Questions on game theory

Published on January 29, 2020

Oligopoly - Questions & Answers
Questions

Oligopoly - Questions & Answers

Published on January 29, 2020

Questions on monopolistic competition
Questions

Questions on monopolistic competition

Published on January 29, 2020

Questions on perfect competition
Questions

Questions on perfect competition

Published on January 29, 2020

Profits
Questions

Profits

Published on January 29, 2020

Newer Posts
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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

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