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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
What Is Leverage Ratio?
Managing the economy Definitions

What Is Leverage Ratio?

Published on April 25, 2021

What is an inverted yield curve recession
Business economics Definitions Questions

What is an inverted yield curve recession

Published on July 06, 2020

Freedom of choice
Definitions

Freedom of choice

Published on February 04, 2020

Competition сommission
Definitions

Competition сommission

Published on February 04, 2020

Definitions

Definitions_home

Published on February 04, 2020

National_income-definition
Definitions

National_income-definition

Published on February 04, 2020

Data response technique
Definitions

Data response technique

Published on February 04, 2020

Evaluation skills
Definitions

Evaluation skills

Published on February 04, 2020

Definitions

Fiscal Space

Published on February 04, 2020

Definitions

Thomas Cook

Published on February 04, 2020

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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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