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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
Understanding Loss Aversion Dividend Payouts in Finance

Understanding Loss Aversion Dividend Payouts in Finance

Published on October 02, 2024

Two wooden blocks labeled "LOYALTY" and "PROGRAM" are placed atop a scattering of smaller wooden cubes on a wooden background.

Loyalty Programs as Two-Part Tariffs and Price Discrimination

Published on October 02, 2024

An image of plant with a white background.
Definitions Business economics

Product Life Cycle (PLC)

Published on October 01, 2024

An image of a person playing with wooden chess pieces.
Definitions Managing the economy

Central Planning

Published on October 01, 2024

Three elder adults walking side by side.
Definitions Managing the economy

Dependency Ratio Definition

Published on October 01, 2024

How Much of the UK Government Spending Goes to the Police Force?

How Much of the UK Government Spending Goes to the Police Force?

Published on September 29, 2024

Logo of H.I.G. Capital, featuring bold blue letters "H.I.G." followed by the word "CAPITAL" in uppercase, all on a white background.

H.I.G. Capital Completes Acquisition of 4Refuel for Up to CAD 400 Million

Published on September 28, 2024

An image of fruits like cherries and tomatoes along with a price tag.
Global economics Managing the economy

Did Food Prices Increase during the Great Depression?

Published on September 27, 2024

A fuel price display at a gas station showing the prices with a bright blue sky in the background.
Managing the economy Global economics

Does the US President Control Inflation?

Published on September 27, 2024

Surge Pricing in the Age of AI: Fairness or Exploitation?

Surge Pricing in the Age of AI: Fairness or Exploitation?

Published on September 25, 2024

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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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