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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

Nash_death_announced

Published on February 04, 2019

Business economics

Revenue_answers

Published on February 04, 2019

The european chemical cartel
Business economics

The european chemical cartel

Published on February 04, 2019

Telecoms
Business economics

Telecoms

Published on February 04, 2019

Business economics

Unit_3_answers

Published on February 04, 2019

Questions
Business economics

Questions

Published on February 04, 2019

Business economics

Productivity answers

Published on January 29, 2019

Newer Posts
Page 28 of 28
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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