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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
Normative Economics and its Applications
Definitions Behavioural economics Managing the economy

Normative Economics and its Applications

Published on November 03, 2023

Cyber Security and What the Business Sector Can Do

Cyber Security and What the Business Sector Can Do

Published on October 31, 2023

Transforming Market Strategies: The Impact of Customer Reviews on Brand Success

Transforming Market Strategies: The Impact of Customer Reviews on Brand Success

Published on October 25, 2023

Mid Luxury Sector Grows Amidst Economic Recession
Definitions Global economics

Mid Luxury Sector Grows Amidst Economic Recession

Published on October 25, 2023

Are Crypto Cards Safe? How to Avoid Risks

Are Crypto Cards Safe? How to Avoid Risks

Published on October 24, 2023

Cryptocurrency Adoption in the UK: A Growing Trend Among Investors

Cryptocurrency Adoption in the UK: A Growing Trend Among Investors

Published on October 24, 2023

The Legal and Economic Implications of Brand Bidding: How Monitoring Tools Can Protect Your Brand

The Legal and Economic Implications of Brand Bidding: How Monitoring Tools Can Protect Your Brand

Published on October 22, 2023

Social Engineering Grows As the Global South Comes Online
Competitive markets

Social Engineering Grows As the Global South Comes Online

Published on October 22, 2023

Independent Content Creation Continues to Increase in Market Share
Global economics Managing the economy

Independent Content Creation Continues to Increase in Market Share

Published on October 22, 2023

An image of notes and coins.
Definitions Managing the economy

Ample Reserves vs. Limited Reserves

Published on October 19, 2023

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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

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What would happen if sellers could use AI to determine how much you are willing and able to pay for every possible product?
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Thanks to the ease of remote work with today's technology, do cities still enjoy an agglomeration advantage?
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Instead of paying for Internet ads or TV commercials featuring celebrities, many firms are now using social media influencers to endorse products.
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