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

API Economies and the Modularization of Production

The dozens of apps on your phone can communicate with each other thanks to Application Programming Interfaces (APIs), which revolutionized software beginning in the year 2000. What are the economic ramifications of modularized production, where add-ons and expansions abound?...
4 min read
A federal building with flag flying at half-staff.
Behavioural economics Business economics Competitive markets

The Benefit Principle of Taxation and the Economics of Fiscal Membership

Published on March 16, 2025

Man sitting at a laptop looking at the screen, leaning in, wearing glassees and looking chubby.
Behavioural economics Business economics Competitive markets

Dual Labour Market Theory and the Casualisation of Work in the Age of Micro-Jobs

Published on March 15, 2025

Gold Bitcoin coins resting on a black wallet with a credit card partially visible underneath, symbolizing digital assets used in corporate treasury or financial strategy.

Speculative Hedge or Digital Gold? Why Firms Are Exploring Bitcoin Treasury Strategies

Published on March 13, 2025

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Behavioural economics Business economics

Emotional Elasticity and Behavioral Economics: Pricing and Advertising in Divorce Legal Markets

Published on March 13, 2025

risk vs reward balance scale finance

How the Cost Structure Shapes Your Choice of a Futures Prop Program

Published on March 12, 2025

9 blank yellow post its, with the 9th one being placed by a woman's hand.
Behavioural economics Business economics Competitive markets

Why Small Businesses Pay for Checklists: The Economics of Scarcity, Bounded Rationality, and the Shadow Price of Attention

Published on March 12, 2025

Top down view of university auditorium
Behavioural economics Business economics Competitive markets

Labor Market Segmentation and Internal Labor Markets: Dual Labor Market Theory in Government-Aligned University Programs

Published on March 07, 2025

Close-up of several Brazilian 100 real banknotes, showing detailed blue design and partial faces on the currency.

Market Reversal Detection Through Algorithmic Forex Bots

Published on March 06, 2025

A digital stock market board displays red downward arrows and numbers at night with blurred city lights and pedestrians in the background.

Nvidia Faces Valuation Test as AI Capex Nears Peak

Published on March 06, 2025

 Andrey Rappoport
Profiles

Rappoport Andrey Natanovich: A Career Built on Strategy, Scale, and Impact

Published on March 05, 2025

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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

AI can be great, but "AI hallucinations" are frequent when AI software attempts to plug in data holes with information that it creates. This can include "ghost citations" of false sources of information. What will firms do to limit the dangers of AI error?...
4 min read

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