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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
An Indonesian passport placed on top of several Indonesian rupiah banknotes and coins.
Definitions Managing the economy

Capital Accumulation

Published on August 31, 2024

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Definitions Managing the economy

Automatic Stabilisers

Published on August 30, 2024

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Global economics

Fintech Sector Continues to Grow Due to Contribution From Third World Economies

Published on August 30, 2024

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Rural Housing Economics: Supply, Demand, and the Rise of Alternative Assets

Published on August 29, 2024

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Definitions Business economics

Break-Even Analysis and Equation

Published on August 28, 2024

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Definitions Labour markets

Sticky Wages

Published on August 28, 2024

A person holding a mobile phone showing the calculator.

How Economic Trends Affect Our Future: Analysis and Forecasts

Published on August 28, 2024

Billion-Dollar Dilemma: Nvidia and AMD Face Costly Decisions in China Market

Billion-Dollar Dilemma: Nvidia and AMD Face Costly Decisions in China Market

Published on August 28, 2024

One Dataset, Many Insights: Maximizing Research Output in Economics

One Dataset, Many Insights: Maximizing Research Output in Economics

Published on August 27, 2024

Understanding Crypto Market Cycles Through An Economic Lens

Understanding Crypto Market Cycles Through An Economic Lens

Published on August 26, 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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