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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 golden dollar sign stands between blue house outlines, symbolizing real estate investment and financial value.

The Ultimate Cost Comparison: PCP vs Leasing vs HP Loans

Published on October 24, 2024

An image of a white bulb.
Definitions Competitive markets Factors of production

Economic Efficiency

Published on October 23, 2024

Colorful sticky notes on a corkboard, featuring the phrase "Gen Z" prominently on a blue note amidst various doodles and graphs.

China's "Fake Office" Trend: Decoding Gen Z's New Work Culture Signals

Published on October 23, 2024

An image of Euro bills.
Definitions Managing the economy

Seigniorage Explained

Published on October 22, 2024

A person playing Playstation.
Definitions Competitive markets

Atomistic Competition

Published on October 21, 2024

Aerial view of a warehouse with tall, organized shelves filled with various cardboard boxes and packages, creating a busy storage environment.

From Overstock to Out of Stock: The Inventory Balancing Act Every Shop Must Master

Published on October 19, 2024

A hand selecting a bright pink miniature house from a row of black and pink model houses.
Definitions Information Failure Market Failure

Adverse Selection in Insurance

Published on October 18, 2024

A collection of various cryptocurrency coins, including Bitcoin.
Crypto Definitions

Trading Automation Penetrates the Cryptocurrency Sector

Published on October 18, 2024

A person playing a game in a handy device.
Definitions Behavioural economics

The Economics of Microtransactions

Published on October 18, 2024

Workers at their desk
Behavioural economics Definitions Business economics Factors of production

Frictional Unemployment

Published on October 17, 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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