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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

As AI companions become increasingly popular, serious questions are raised about the implications of "subscribing" to digital friendships. Should we be concerned about people entering AI relationships?...
5 min read
Photograph of a hand handling coins inside of a wooden box.
Behavioural economics Managing the economy

The Ripple Effect of Microlending on Economic Growth: A Study Through the Lens of the Multiplier Effect

Published on January 20, 2024

Choice Architecture
Definitions Behavioural economics

Choice Architecture

Published on December 14, 2023

3d rendering of silicon computer chips with a cloud to symbolize cloud computing
Behavioural economics Global economics

The Rise of Cloud Hosting: Trends, Impacts, and the Role of Managed Services in Supporting a Data-Driven Economy

Published on December 10, 2023

Normative Economics and its Applications
Definitions Behavioural economics Managing the economy

Normative Economics and its Applications

Published on November 03, 2023

Utility Maximisation: A Guide to Rational Decision-Making
Definitions Behavioural economics

Utility Maximisation: A Guide to Rational Decision-Making

Published on September 27, 2023

Equimarginal Principle
Definitions Behavioural economics

Equimarginal Principle

Published on August 10, 2023

Bounded Rationality
Definitions Behavioural economics

Bounded Rationality

Published on June 25, 2023

Marginal Rate of Substitution (MRS)
Definitions Behavioural economics

Marginal Rate of Substitution (MRS)

Published on May 21, 2023

Illusory Correlation
Definitions Behavioural economics

Illusory Correlation

Published on May 12, 2023

Understanding the Tragedy of the Commons with Examples
Definitions Behavioural economics Market Failure

Understanding the Tragedy of the Commons with Examples

Published on May 08, 2023

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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

Is it cost-effective for companies with lots of remote workers to actively monitor them through "bossware" that tracks their online activities? Research shows that some monitoring can boost productivity, but too much can cause workers to rebel....
5 min read

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Many consumers encounter dark patterns in website development that influence them to spend more than they planned.
Dark Patterns and Consumer Choice Architecture
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Chipotle pictured on a food delivery app.
Vertical Disintegration and “Platforms for Platforms”: How Modularity Reshapes the Food Delivery Market
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Many consumers today purchase bundles of streaming services rather than individual services.
The Economics of Subscription Bundling Wars
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