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Digital twins and AI modeling can help companies determine exactly when maintenance should be done to maximize efficiency.

The Economics of Digital Twins and Predictive Maintenance

Large companies may be spending billions of dollars a year in inefficient maintenance on their capital goods, either doing too much maintenance and wasting money or not enough maintenance and dealing with equipment failure. Can digital twins and AI end this inefficiency?...
4 min read
Cloud kitchens, also known as ghost kitchens, have no storefront and produce food entirely for takeout or delivery.

The Microeconomics of Cloud Kitchens: Efficiency or Exploitation?

Published on June 20, 2025

A shirt promoting environmentalism, which is part of the ethical consumption and clean energy movements.

Green Premiums and the Price of Ethical Consumption

Published on June 20, 2025

ESPN+ is a subsidiary of Disney and can be bundled with other Disney streaming services.

Streaming Fatigue and the Fragmentation of Digital Entertainment

Published on June 20, 2025

Customer loyalty programs often make regular customers eligible for free products after a certain amount of purchases.

The Economics of Loyalty: Points, Perks, and Predictable Behavior

Published on June 08, 2025

Remote workers are changing economic geography across the world by moving away from big cities.

Economic Geography and the Rise of Remote Work

Published on June 08, 2025

Consignment stores and online clothing resale sites are part of circular markets for used goods.

The Resale Economy: From Fast Fashion to Circular Markets

Published on June 08, 2025

To get our entertainment today, most of us purchase subscriptions to digital streaming services.

The Subscription Boom: How Predictable Revenue Is Changing Consumer Markets

Published on May 23, 2025

NFTs of "Bored Apes" became a pop culture phenomenon in 2021, selling for many thousands of dollars.

The Rise of Digital Scarcity: Economics of NFTs and Tokenized Assets

Published on May 23, 2025

Will AI-improved autopilot programs reduce the need for humans in airliner cockpits?

AI in the Workforce: Substitution, Complementarity, and Wage Pressures

Published on May 18, 2025

Many consumers are taking advantage of BNPL services to break up expensive payments into four or more installments.

How Buy Now, Pay Later Is Changing Household Finance

Published on May 18, 2025

Newer Posts
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As AI makes fake news harder to distinguish from factual information, will consumers begin paying for verified sources?

The Economics of Deepfake Detection: Trust, Verification, and Information Markets

As AI makes fake news and misinformation harder and harder to detect, will consumers and producers begin paying for verification and certification of authenticity? Should governments get involved to re-establish trust in information to soothe roiling markets?...
4 min read

Recent Post

What would happen if sellers could use AI to determine how much you are willing and able to pay for every possible product?
The Economics of Hyper-Personalization: When Every Consumer Gets a Different Price
December 24, 2025
Thanks to the ease of remote work with today's technology, do cities still enjoy an agglomeration advantage?
The Geography of Remote Work: Are Cities Losing Their Agglomeration Advantage?
December 19, 2025
Instead of paying for Internet ads or TV commercials featuring celebrities, many firms are now using social media influencers to endorse products.
The Economics of Micro-Influencers: Reputation, Pricing, and Market Structure
December 19, 2025

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