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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 glowing brain inside a light bulb against a gradient blue and pink background, symbolizing creativity and ideas.

The Economics of AI Agents: Will Automation Redefine Human Productivity?

Published on October 04, 2024

A person holding two paper bags and a camera while walking.
Definitions Business economics

Types of Goods in Economics

Published on October 03, 2024

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Definitions Managing the economy

Pros and Cons of Universal Basic Income (UBI)

Published on October 03, 2024

Exploring PharmaZee's Economic Impact when Buying Compounded Semaglutide Online
Behavioural economics

Exploring PharmaZee's Economic Impact when Buying Compounded Semaglutide Online

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

Understanding Loss Aversion Dividend Payouts in Finance

Understanding Loss Aversion Dividend Payouts in Finance

Published on October 02, 2024

A smartphone displays a credit-building app, flanked by sunglasses and a smartwatch on a wooden surface.

The Dynamics of Credit Scores and Their Effect on Borrowing Power

Published on October 02, 2024

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Definitions Business economics

Product Life Cycle (PLC)

Published on October 01, 2024

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Definitions Managing the economy

Central Planning

Published on October 01, 2024

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Definitions Managing the economy

Dependency Ratio Definition

Published on October 01, 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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