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Most online systems today require users to verify their identity, which is part of Know Your Customer (KYC) protocol.

The Economics of Identity Verification: When KYC Becomes Infrastructure

With terabytes of our personal data online, most consumers want to feel that the countless online companies they frequent will keep it safe from hackers, scammers, and fraudsters. What are the economics behind "Know Your Customer", or KYC, policies?...
4 min read
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Behavioural economics Business economics Competitive markets

Economies of Scale and the Socialization of Fixed Costs: Why Size No Longer Belongs Only to Firms

Published on December 25, 2024

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Behavioural economics Competitive markets

Cost Curves and Fixed Costs: How No-Code Platforms Are Democratizing Software Production

Published on December 21, 2024

Picture of a man's hand putting a piece of puzzle down.
Definitions Behavioural economics

Exploring the Paradox of Value

Published on December 08, 2024

AI Robot at an abstract desk with a blue laptop open.
Behavioural economics Business economics Competitive markets

Global Wage Arbitrage vs. Algorithmic Arbitrage: How AI Rewrites Comparative Advantage in the Homework Economy

Published on December 05, 2024

Orange toy bot sitting on the edge of a desk with post its behind it.
Behavioural economics Business economics Competitive markets

Long Tail of AI Services: When Every Micro-Niche Gets a Bot — An Application of Long-Tail Markets & Love-of-Variety Economics

Published on December 05, 2024

Photo of hand holding a smartphone with text "eSIM" on a yellow background.
Behavioural economics Business economics Competitive markets

eSIM Platforms, Roaming, and the Erosion of National Telecom Rents: Market Integration & Platform Economics in Action

Published on December 04, 2024

Image of a warehouse well ordered and neat.
Business economics Competitive markets Behavioural economics Global economics

Modular Capital and the Fragmentation of Industrial Demand: Economies of Scale vs. Economies of Scope

Published on November 22, 2024

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Definitions Behavioural economics

Broken Window Fallacy

Published on November 18, 2024

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Behavioural economics

Why Americans Are Living Paycheck to Paycheck: The Financial Reality Behind Low Savings

Published on November 16, 2024

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Behavioural economics Business economics Competitive markets

Information Asymmetry and the Demand for Cross-Border Accounting Expertise

Published on November 15, 2024

Newer Posts
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Our ever-growing demand for computing capacity and data storage has turned computing power into a fought-over resource.

AI Supply Chains: When Compute Becomes the New Oil

As consumers and firms rapidly demand more AI processing and data storage, will computing power become the new fought-over resource, similar to oil in the 1970s? A look at the challenges facing the cloud computing industry....
4 min read

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Today, firms use massive sets of data just as they would any other factor of production.
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If AI software scans you and decides you want the product more than average, should it be able to charge you more money?
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Today, the labor market is undergoing yet another evolution thanks to both applicants and hiring managers using AI.
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