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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
Black and white photo of a man looking at his macbook with a trading screen on it.
Business economics Competitive markets

Market Access, Transaction Costs, and Financial Inclusion in Retail FX: The Case of OANDA

Published on September 19, 2024

Diversity and Resilience: The Hidden Drivers of Economic Growth in Modern Business

Diversity and Resilience: The Hidden Drivers of Economic Growth in Modern Business

Published on September 17, 2024

Smarter Web Company: Leading Bitcoin Purchases in the UK and Shaping the Future

Smarter Web Company: Leading Bitcoin Purchases in the UK and Shaping the Future

Published on September 17, 2024

Kitchen Economics: Lease Today, Own Tomorrow?

Kitchen Economics: Lease Today, Own Tomorrow?

Published on September 16, 2024

A tall building with Gothic architecture, featuring tall spires, arched windows, and a lawn.

UK Universities Are Educating the Next Generation of Criminals, Tyrants, and Despots

Published on September 14, 2024

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Forex Trading Managing the economy

AI Penetrates Retail Currency Trading As More Products Become Available

Published on September 13, 2024

Man working on a laptop with code on the screen.
Business economics Competitive markets

Who Captures the Surplus? Complementors vs. Platforms — Platform Economics, Bargaining Power & Value Capture

Published on September 06, 2024

A man working on a task in front of a small, cluttered shop filled with tools, materials, and everyday items.
Definitions Labour markets

Backward Bending Supply Curve

Published on September 04, 2024

A screen and a laptop, with black background and colorful code.
Business economics Competitive markets

Make-or-Buy in Software: The Boundaries of the Firm through Transaction Cost Economics

Published on September 03, 2024

Image of North America from space, at night
Business economics Competitive markets

Economies of Density and the Last-Mile: Urban Economics in the Age of Geocoding

Published on September 03, 2024

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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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