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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
Aerial view of a warehouse with tall, organized shelves filled with various cardboard boxes and packages, creating a busy storage environment.

From Overstock to Out of Stock: The Inventory Balancing Act Every Shop Must Master

Published on October 19, 2024

A hand selecting a bright pink miniature house from a row of black and pink model houses.
Definitions Information Failure Market Failure

Adverse Selection in Insurance

Published on October 18, 2024

A collection of various cryptocurrency coins, including Bitcoin.
Crypto Definitions

Trading Automation Penetrates the Cryptocurrency Sector

Published on October 18, 2024

A person playing a game in a handy device.
Definitions Behavioural economics

The Economics of Microtransactions

Published on October 18, 2024

Workers at their desk
Behavioural economics Definitions Business economics Factors of production

Frictional Unemployment

Published on October 17, 2024

A laptop on a glass table displaying financial charts and data dashboards, including bar graphs, line charts, and key performance metrics.

The Growing Importance of Accounting Skills in Economic Analysis

Published on October 17, 2024

Close-up view of a digital stock market chart showing fluctuating lines and numerical values on a screen, representing financial data and market trends.

The Investor's Guide to Vetting Alternative Assets

Published on October 17, 2024

Crypto Exchanges & Competitive Markets: How Fee Structures Influence Market Power

Crypto Exchanges & Competitive Markets: How Fee Structures Influence Market Power

Published on October 16, 2024

A dilapidated three wheel passenger motorcycle in, presumably, Nigeria.
Managing the economy

The Economic Paradox of Nigeria: Oil Wealth and Underdevelopment

Published on October 14, 2024

A towering statue holding a sword and shield rises above a misty forest.
Managing the economy

Why Ukraine’s Economic Development Has Lagged Despite Its Vast Natural Resources and Educated Population

Published on October 14, 2024

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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