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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
Image of a man holding a phone with the robin hood app open
Business economics Competitive markets

Diminishing Marginal Returns: Case Study of Client Acquisition by Retail Trading Platforms

Published on January 03, 2024

A yellow iphone with the word "eSim" on it, as well as a hat, map and 35mm photo camera
Business economics Competitive markets

How eSIMs are Driving the Growth of the Digital Economy and Reducing Reliance on Brick-and-Mortar Infrastructure

Published on December 21, 2023

Social Engineering Grows As the Global South Comes Online
Competitive markets

Social Engineering Grows As the Global South Comes Online

Published on October 22, 2023

An image of a steel mill.
Definitions Labour markets Competitive markets

Factor Market: A Comprehensive Guide

Published on October 13, 2023

Disadvantages of Market Economy
Definitions Competitive markets Managing the economy

Disadvantages of Market Economy

Published on October 10, 2023

Pareto Efficiency
Definitions Competitive markets Market Failure

Pareto Efficiency

Published on September 14, 2023

Barriers to Entry
Definitions Competitive markets

Barriers to Entry

Published on September 12, 2023

Monopolistic Competition
Definitions Competitive markets

Monopolistic Competition

Published on August 19, 2023

Productive Efficiency
Definitions Managing the economy Competitive markets

Productive Efficiency

Published on July 06, 2023

Supply and Demand Curves Explained
Competitive markets Definitions Business economics

Supply and Demand Curves Explained

Published on June 16, 2023

Newer Posts
Page 11 of 20
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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