Owen Rust - Economics Online

Thanks to APIs, many programmers can create add-ons and extensions to existing software.

API Economies and the Modularization of Production

Published on May 18, 2026

Although increasingly popular, AI still makes serious mistakes...which could cost companies big bucks in damages.

The Economics of AI Hallucinations and Error Costs

Published on May 18, 2026

Today, firms use volumes of data to maximize their efficiency.

Data Pricing and the Economics of Information Markets

Published on May 14, 2026

Firms want to capture your attention so they can advertise their goods and services to you, seeking more sales.

Attention Markets and the Allocation of Cognitive Scarcity

Published on May 14, 2026

What will be the fate of most entry-level white collar workers once the AI revolution is in full swing?

AI as Capital Deepening: Substitution and Complementarity in Labour Markets

Published on April 11, 2026

Today, thanks to Application Programming Interfaces (APIs), diverse software can communicate with each other.

API Economies and the Modularization of Production

Published on April 11, 2026

AI can work much faster than human employees, but rates of AI hallucinations and other errors remain significant.

The Economics of AI Hallucinations and Error Costs

Published on April 11, 2026

As streaming subscription costs continue to rise, many customers are experiencing "subscription fatigue" and logging off.

Subscription Fatigue and Consumer Optimization in Digital Markets

Published on April 06, 2026

Firms are often willing to pay for data that can help them boost revenue or streamline operations.

Data Pricing and the Economics of Information Markets

Published on March 30, 2026

It seems like everyone is glued to their phones these days...probably because app creators know how to make their sites addictive!

Attention Markets and the Allocation of Cognitive Scarcity

Published on March 30, 2026