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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
How is Behavioral Economics Different From Classical Economics?
Behavioural economics

How is Behavioral Economics Different From Classical Economics?

Published on July 06, 2020

Explaining The Stock Market Boom During A Pending Recession
Market failures Behavioural economics

Explaining The Stock Market Boom During A Pending Recession

Published on June 19, 2020

Subsidy
Definitions Behavioural economics Business economics Competitive markets Factors of production Information Failure

Subsidy

Published on January 29, 2020

Pigouvian Tax
Definitions Behavioural economics Business economics Competitive markets Global economics Information Failure

Pigouvian Tax

Published on January 29, 2020

Moral Hazard
Definitions Information Failure Behavioural economics

Moral Hazard

Published on January 28, 2020

Marginal Propensity to Consume
Definitions Behavioural economics Business economics Managing the economy

Marginal Propensity to Consume

Published on January 28, 2020

Income Effect
Definitions Behavioural economics

Income Effect

Published on January 28, 2020

Diseconomies of Scale
Business economics Factors of production Definitions Behavioural economics

Diseconomies of Scale

Published on January 17, 2020

Criticisms of Behavioral Economics
Behavioural economics

Criticisms of Behavioral Economics

Published on January 17, 2020

Paternalism and the Role of Government
Behavioural economics

Paternalism and the Role of Government

Published on January 17, 2020

Newer Posts
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Older Posts
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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