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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 phone showing the logo of PayPal.

Beyond PayPal: Macroeconomic Impacts of Digital Money Movement in 2024

Published on August 23, 2024

A calculator, a key, and miniature house models, including a highlighted red one, arranged on a dark surface.
Definitions Managing the economy

Core CPI vs CPI

Published on August 21, 2024

A photo of a man taking picture of a tarmac from a airline terminal.
Behavioural economics Business economics Competitive markets

Platforms, Complements, and Two-Sided Markets: How Airline Stopovers Fuel Urban Micro-Tourism

Published on August 20, 2024

Illustration of a house with money, a calculator, and a rising bar chart with a percentage symbol, representing Help to Buy loan repayment

Equity Loan Repayment under the UK Help to Buy Scheme: Economic Considerations

Published on August 19, 2024

Europe’s EV Market Booms — Without Tesla

Europe’s EV Market Booms — Without Tesla

Published on August 19, 2024

A man holding a pen, writing at a desk.
Behavioural economics

Sanford Schmidt and the Economics of Trust in an Automated Wealth Management Era

Published on August 17, 2024

Image of musicians on stage with a large sign that says "FREE" behind them.
Business economics

Loss Leader Pricing and Cross-Elasticity of Demand: How Free Services Drive Profitable Sales

Published on August 16, 2024

Glowing ad in a blur
Behavioural economics Managing the economy Business economics

Bayesian Persuasion and Information Design: How Free Audits Shape Client Decisions

Published on August 15, 2024

A hand holding euro banknotes in front of a calculator, other currency notes, and financial charts.
Definitions Business economics

ATC Curve

Published on August 13, 2024

Man viewed from Top Down, working on a laptop and looking at invoices.
Business economics Managing the economy Market Failure

Unpaid Invoices: The Hidden Crisis Facing UK Small Businesses

Published on August 12, 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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