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Digital twins and AI modeling can help companies determine exactly when maintenance should be done to maximize efficiency.

The Economics of Digital Twins and Predictive Maintenance

Large companies may be spending billions of dollars a year in inefficient maintenance on their capital goods, either doing too much maintenance and wasting money or not enough maintenance and dealing with equipment failure. Can digital twins and AI end this inefficiency?...
4 min read
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Behavioural economics Business economics Competitive markets

Transaction Cost Economics and the Rise of Self-Service Moving Platforms

Published on June 01, 2024

Man's hands typing on a macbook air.
Behavioural economics Business economics Competitive markets

Tax Arbitrage and Fiscal Competition: How Entrepreneurs Use Jurisdictional Differences to Optimize Taxes

Published on June 01, 2024

Image of buildings next to a body of water.
Behavioural economics Business economics Competitive markets

Economies of Scope and the Rise of Global Legal Service Platforms

Published on June 01, 2024

Considerations in Changing Succession Laws Globally

Considerations in Changing Succession Laws Globally

Published on May 30, 2024

Contagion Meaning in Economics
Definitions Global economics

Contagion Meaning in Economics

Published on May 29, 2024

Deindustrialisation
Definitions Global economics

Deindustrialisation

Published on May 29, 2024

Picture of laptop and computer screen with pink underlight. The screens have bar charts on them.
Behavioural economics Business economics Competitive markets

Risk Correlation and Systemic Contagion: The Hidden Danger in Unified Trading Platforms

Published on May 29, 2024

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Business economics Competitive markets Factors of production

Comparative Advantage and the Rise of B2B AI & ML Development Services

Published on May 29, 2024

The Economics of Internet Shutdowns: The Global Cost of Digital Censorship

The Economics of Internet Shutdowns: The Global Cost of Digital Censorship

Published on May 29, 2024

Hedging Definition
Definitions Forex Trading

Hedging Definition

Published on May 27, 2024

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As AI makes fake news harder to distinguish from factual information, will consumers begin paying for verified sources?

The Economics of Deepfake Detection: Trust, Verification, and Information Markets

As AI makes fake news and misinformation harder and harder to detect, will consumers and producers begin paying for verification and certification of authenticity? Should governments get involved to re-establish trust in information to soothe roiling markets?...
4 min read

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What would happen if sellers could use AI to determine how much you are willing and able to pay for every possible product?
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Thanks to the ease of remote work with today's technology, do cities still enjoy an agglomeration advantage?
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Instead of paying for Internet ads or TV commercials featuring celebrities, many firms are now using social media influencers to endorse products.
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