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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
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Factors of production Managing the economy Global economics

MITI and the Economic Development Miracle of Japan

Published on September 21, 2024

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Managing the economy Market failures

Analyzing Greedflation's Contribution to Inflation in the U.S. 2021-2024

Published on September 21, 2024

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Managing the economy

Government Spending Divorced From Economic Multiplier Effects

Published on September 21, 2024

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Managing the economy Market Failure

Housing Shortages and Canada's Rental Controls

Published on September 20, 2024

Two men face each other with computer screens showing a car and a shirt, separated by a yellow triangle labeled 'Information Asymmetry'

The Economics of Digital Signaling: Information, Attention, and the Role of Presentation

Published on September 20, 2024

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Definitions Business economics

Primary Sector Economics

Published on September 19, 2024

Black and white photo of a man looking at his macbook with a trading screen on it.
Business economics Competitive markets

Market Access, Transaction Costs, and Financial Inclusion in Retail FX: The Case of OANDA

Published on September 19, 2024

Forex trading dashboard with candlestick chart, currency symbols, and arrows illustrating lowering barriers in spreads, deposits, and onboarding costs

Graphics Wars: Nvidia Surges While AMD Feels the Pressure

Published on September 19, 2024

Diversity and Resilience: The Hidden Drivers of Economic Growth in Modern Business

Diversity and Resilience: The Hidden Drivers of Economic Growth in Modern Business

Published on September 17, 2024

Smarter Web Company: Leading Bitcoin Purchases in the UK and Shaping the Future

Smarter Web Company: Leading Bitcoin Purchases in the UK and Shaping the Future

Published on September 17, 2024

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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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