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More and more people are turning to AI chatbots for companionship and relationships, raising economic and ethical debates.

The Economics of Loneliness: Markets for Companionship

As AI companions become increasingly popular, serious questions are raised about the implications of "subscribing" to digital friendships. Should we be concerned about people entering AI relationships?...
5 min read
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

Loanable Funds Theory with Graphs
Definitions Managing the economy Competitive markets

Loanable Funds Theory with Graphs

Published on May 15, 2023

The Money Market Graph and Interest Rate Determination
Definitions Competitive markets

The Money Market Graph and Interest Rate Determination

Published on April 29, 2023

Non-Price Competition
Competitive markets Definitions Business economics

Non-Price Competition

Published on March 22, 2023

An image showing a light bulb.
Competitive markets Definitions Factors of production Market Failure Market failures Information Failure Behavioural economics

Allocative Efficiency

Published on March 05, 2023

Image showing seasaw which is not in balance.
Definitions Behavioural economics Information Failure Market Failure Competitive markets

Asymmetric Information

Published on December 26, 2022

Microsoft and Google are at war on AI. Who will Prevail?
Business economics Competitive markets

Microsoft and Google are at war on AI. Who will Prevail?

Published on October 21, 2022

5 Top Challenges Facing the Finance Industry in 2023
Business economics Competitive markets

5 Top Challenges Facing the Finance Industry in 2023

Published on February 28, 2022

Newer Posts
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Older Posts
Some remote workers are accused of time theft for only working a portion of their expected working hours.

The Economics of Time Theft: Productivity, Surveillance, and Remote Work

Is it cost-effective for companies with lots of remote workers to actively monitor them through "bossware" that tracks their online activities? Research shows that some monitoring can boost productivity, but too much can cause workers to rebel....
5 min read

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