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Today, firms use massive sets of data just as they would any other factor of production.

Data as Capital: Rethinking the Factors of Production

In the past quarter-century, digital data has become a new factor of production, allowing firms to create new products, communicate with suppliers and retailers, and advertise to customers. How does data affect firms' value, and how will it affect macro-level economic growth?...
4 min read
Business economics

Complex monopolies

Published on January 20, 2020

Cartels
Business economics

Cartels

Published on January 20, 2020

Natural monopolies
Business economics

Natural monopolies

Published on January 20, 2020

Price discrimination
Business economics

Price discrimination

Published on January 20, 2020

Monopoly
Business economics

Monopoly

Published on January 20, 2020

Pricing options
Business economics

Pricing options

Published on January 20, 2020

John Nash - Nash equilibrium
Business economics

John Nash - Nash equilibrium

Published on January 20, 2020

Game Theory
Business economics

Game Theory

Published on January 20, 2020

A lone building representing oligopoly dominance in a market
Business economics

Oligopoly

Published on January 20, 2020

Monopolistic competition
Business economics Right Rail

Monopolistic competition

Published on January 17, 2020

Newer Posts
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Older Posts
If AI software scans you and decides you want the product more than average, should it be able to charge you more money?

AI Price Discrimination and the End of the “Uniform Price”

Sellers have long wished to be able to charge higher prices to customers who are willing and able to pay more. Now, with AI software, sellers may finally have the ability to quickly and accurately analyze customers' willingness to pay. Is this ethical?...
4 min read

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