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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
Inflationary Gap
Business economics Global economics Definitions Managing the economy

Inflationary Gap

Published on March 05, 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

Marginal Analysis
Definitions

Marginal Analysis

Published on January 28, 2023

Say's Law: An Overview
Definitions

Say's Law: An Overview

Published on January 24, 2023

Joint Supply
Behavioural economics Definitions Factors of production Business economics

Joint Supply

Published on January 24, 2023

Constant Returns to Scale
Definitions Factors of production Business economics

Constant Returns to Scale

Published on January 16, 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

Increased UK Labor Force Embraces Digital in Navigating the Market
Definitions Labour markets

Increased UK Labor Force Embraces Digital in Navigating the Market

Published on December 01, 2022

What is Derived Demand?
Definitions Managing the economy

What is Derived Demand?

Published on November 11, 2022

Demographic Transition Model (DTM)
Definitions Global economics

Demographic Transition Model (DTM)

Published on November 08, 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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