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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
Pure Competition
Definitions Competitive markets

Pure Competition

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Behavioural economics Business economics Competitive markets

How Network Effects and Platform Economics Are Reshaping the Retail Trading Tool Market

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Behavioural economics Competitive markets Managing the economy

How Optimal Taxation Theory Explains—and Challenges—the U.S. Exit Tax

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Ostentation Definition
Definitions Behavioural economics

Ostentation Definition

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China's Strategic Response to U.S. Trade Pressures

China's Strategic Response to U.S. Trade Pressures

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Competitive markets Business economics Managing the economy

How VPNs Enhance Market Efficiency by Reducing Friction in Global Commerce

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Dynamic Pricing Explained
Definitions Competitive markets

Dynamic Pricing Explained

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Robert Shiller and the Housing Market
Definitions Competitive markets

Robert Shiller and the Housing Market

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Behavioural economics Business economics Competitive markets

How Market Expansion and Specialization Are Shaping the Freelance Economy

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Behavioural economics Business economics Competitive markets Managing the economy

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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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