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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
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

A person making a contactless payment with a blue card using a small card reader.
Managing the economy

Many Sanctioned Economies Are Unaffected Largely Due to Decentralized Commerce Powered by the Web

Published on August 11, 2024

A man holding a baby and reading a children's book.
Managing the economy

Memory updated The Economic Impact of the Paternity Leave (Bereavement) Act in the UK

Published on August 11, 2024

People shopping on an outdoor market with white tents lining a street, offering clothes and good.

Paradox of Thrift

Published on August 10, 2024

Screen of software development console open, with black background.
Business economics Competitive markets

Innovation Economics and Endogenous Growth Theory: How SaaS Clusters Drive Knowledge Spillovers and Productivity Gains

Published on August 09, 2024

Vazgen Gevorkyan

Gevorkyan Vazgen Simonovich: An Entrepreneurial Profile

Published on August 09, 2024

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Definitions Competitive markets

Cobweb Theory in Economics

Published on August 04, 2024

A black-and-white photo of two people in the meeting room discussing.
Definitions Business economics

Actuarial Science vs. Economics

Published on August 04, 2024

A black-and-white chess scene with a king and queen standing upright amidst scattered chess pieces.
Definitions Global economics

Economic Defeatism

Published on August 04, 2024

A hand reaching toward two black cards placed on a wooden surface, one labeled "BUY" and the other labeled "SELL".
Forex Trading Business economics

Trading Platforms Offering More Bespoke Services As Competition Increases

Published on August 03, 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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