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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
Image of a glowing structure from the game minecraft.
Behavioural economics Business economics Competitive markets

Revealed Preference Theory and the Minecraft Economy: What Young Gamers Are Telling Us

Published on June 08, 2024

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Behavioural economics Business economics Competitive markets Factors of production

Navigating the Learning Curve: Why AI Helper Firms Thrive in Early-Stage Markets

Published on June 08, 2024

Kinked Demand Curve
Definitions Competitive markets

Kinked Demand Curve

Published on June 06, 2024

IT office modern setting in Ukraine.
Behavioural economics Business economics Competitive markets

Labor Arbitrage and the Rise of Hybrid Staffing Models in Global IT

Published on June 06, 2024

Inferior Commodity
Definitions Business economics

Inferior Commodity

Published on June 05, 2024

Equilibrium Quantity
Definitions Competitive markets

Equilibrium Quantity

Published on June 04, 2024

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Behavioural economics Business economics Competitive markets

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

Published on June 01, 2024

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Behavioural economics Business economics Competitive markets

Economies of Scope and the Rise of Global Legal Service Platforms

Published on June 01, 2024

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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

Considerations in Changing Succession Laws Globally

Considerations in Changing Succession Laws Globally

Published on May 30, 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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