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Incomplete Contracts and Complex Requirements: Contract Theory and the Persistence of Bespoke Website Design Services

Incomplete contracts explain why bespoke website design services thrive amid evolving, complex digital needs....
4 min read
Regulatory Capture
Definitions Managing the economy

Regulatory Capture

Published on February 01, 2024

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Behavioural economics

The Enduring Power of Legacy Tech Businesses: A Case Study in Economies of Scope

Published on January 31, 2024

The Economic Effects of Working Remotely

The Economic Effects of Working Remotely

Published on January 30, 2024

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Bringing Wellness Home: How Economic Shifts Are Transforming Consumer Behavior

Published on January 28, 2024

The Economics of Incentivized Internet Activity: A Case Study in Modern Economic Principles

The Economics of Incentivized Internet Activity: A Case Study in Modern Economic Principles

Published on January 26, 2024

Shaping Economies: The Impact of VPNs in Nations with Restricted Internet

Shaping Economies: The Impact of VPNs in Nations with Restricted Internet

Published on January 24, 2024

Capital Account of the Balance of Payments
Definitions Managing the economy

Capital Account of the Balance of Payments

Published on January 24, 2024

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Competitive markets

The Resilience of Human Instruction: Examining the Economic Principle of Comparative Advantage

Published on January 23, 2024

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Behavioural economics Managing the economy

The Ripple Effect of Microlending on Economic Growth: A Study Through the Lens of the Multiplier Effect

Published on January 20, 2024

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Business economics Managing the economy Competitive markets

Social Media Views as a Liquid Store of Value: Analyzing the Role of Network Effects

Published on January 20, 2024

Newer Posts
Page 63 of 185
Older Posts
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

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Companies that amass large volumes of consumer data can use this data to make product improvements and engage in price discrimination.
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