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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
A panoramic view of London's skyline featuring modern skyscrapers, construction cranes, and a cloudy sky.

The Productivity Puzzle in 2025: Turning Point or False Start?

Published on October 30, 2024

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Definitions Competitive markets

Price Taker

Published on October 29, 2024

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Definitions Managing the economy

Disinflation Definition

Published on October 29, 2024

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Definitions Behavioural economics

Network Effects: A Detailed Guide

Published on October 28, 2024

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Global economics Definitions

Economic Ripple of Spanish Gold

Published on October 28, 2024

Close-up of the word "Skill" in a dictionary, highlighting its definition as an ability developed through training and technique.

7 Labour Market Shifts Driving Adult UpSkilling

Published on October 28, 2024

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Definitions Business economics

Real vs. Nominal in Economics

Published on October 25, 2024

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Managing the economy

Economic Development Stasis: Rent Seeking in Bangladesh

Published on October 25, 2024

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Business economics Definitions

Penetration Pricing

Published on October 24, 2024

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The Ultimate Cost Comparison: PCP vs Leasing vs HP Loans

Published on October 24, 2024

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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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