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Today, firms use massive sets of data just as they would any other factor of production.

Data as Capital: Rethinking the Factors of Production

In the past quarter-century, digital data has become a new factor of production, allowing firms to create new products, communicate with suppliers and retailers, and advertise to customers. How does data affect firms' value, and how will it affect macro-level economic growth?...
4 min read
More and more people are turning to AI chatbots for companionship and relationships, raising economic and ethical debates.

The Economics of Loneliness: Markets for Companionship

Published on August 14, 2025

Some remote workers are accused of time theft for only working a portion of their expected working hours.

The Economics of Time Theft: Productivity, Surveillance, and Remote Work

Published on August 09, 2025

An Amazon package, which can often be returned for no cost if the customer is dissatisfied.

The Shadow Cost of Free Returns: E-Commerce and the Reverse Logistics Crisis

Published on July 29, 2025

Cryptocurrency owners can engage in decentralized finance (DeFi) by lending out their crypto through automated lending pools.

Decentralized Finance (DeFi) and the Future of Banking

Published on July 29, 2025

Shoppers outside of a store of a well-known luxury brand that counts as a Veblen good, meaning popularity increases as price increases.

The Economics of Social Status: Why We Pay More for Less

Published on July 29, 2025

Content creators with thousands of followers on social media platforms can monetize their posts by promoting products.

The Creator Economy: Why Attention Is the New Currency

Published on July 20, 2025

Artificial intelligence programs, commonly known as AI, allow computers to mimic human abilities.

AI and the Labor Market: Complement or Competitor?

Published on July 20, 2025

Many consumers purchase multiple Internet subscription services and forget to cancel ones they no longer use.

Buy It Now, Pay Forever? The Economics of Subscription Overload

Published on July 19, 2025

When consumers can make more small transactions instead of single large transactions, they tend to spend more money overall.

Microtransactions and the Psychology of Spending

Published on July 02, 2025

Thanks to the Internet, consumers share tremendous volumes of personal data with sellers, sometimes without realizing it.

When Data Becomes Capital: The Economics of Digital Identity

Published on July 02, 2025

Newer Posts
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If AI software scans you and decides you want the product more than average, should it be able to charge you more money?

AI Price Discrimination and the End of the “Uniform Price”

Sellers have long wished to be able to charge higher prices to customers who are willing and able to pay more. Now, with AI software, sellers may finally have the ability to quickly and accurately analyze customers' willingness to pay. Is this ethical?...
4 min read

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