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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
CURRENT DEVELOPMENTS IN THE UK – THE ECONOMIC IMPACT OF THE COVID-19 PANDEMIC
Managing the economy

CURRENT DEVELOPMENTS IN THE UK – THE ECONOMIC IMPACT OF THE COVID-19 PANDEMIC

Published on May 19, 2020

How to Write an Economics Paper: A Step-by-Step Guide

Published on May 18, 2020

EU Monetary Policy
Global economics

EU Monetary Policy

Published on March 28, 2020

Monopsony
Business economics

Monopsony

Published on February 04, 2020

Monopsony power
Business economics

Monopsony power

Published on February 04, 2020

Labour markets
Business economics

Labour markets

Published on February 04, 2020

The minimum wage
Market failures

The minimum wage

Published on February 04, 2020

Competitive markets

Alternative-finance-for-housing

Published on February 04, 2020

Food_prices
Competitive markets

Food_prices

Published on February 04, 2020

Shifts_in_demand
Competitive markets

Shifts_in_demand

Published on February 04, 2020

Newer Posts
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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

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