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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
Comparing Fiscal Responses to COVID-19 as Percentage of GDP across Countries
Business economics Labour markets Managing the economy

Comparing Fiscal Responses to COVID-19 as Percentage of GDP across Countries

Published on June 03, 2020

International Student College Enrollment Trends in the US
Business economics Global economics Managing the economy

International Student College Enrollment Trends in the US

Published on June 02, 2020

Cash On-Hand For FAANG Companies during Covid-19
Business economics

Cash On-Hand For FAANG Companies during Covid-19

Published on June 02, 2020

College Education Costs and Inflation in the U.S and U.K
Business economics

College Education Costs and Inflation in the U.S and U.K

Published on June 02, 2020

Labour markets
Business economics

Labour markets

Published on February 04, 2020

Monopsony
Business economics

Monopsony

Published on February 04, 2020

Monopsony power
Business economics

Monopsony power

Published on February 04, 2020

What is Enterprise?
Business economics

What is Enterprise?

Published on January 29, 2020

Competitive labour markets
Business economics

Competitive labour markets

Published on January 29, 2020

Small firms
Business economics

Small firms

Published on January 29, 2020

Newer Posts
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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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