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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
Definitions

University Clearing 2019

Published on February 04, 2020

Definitions

Gender_pay_gap

Published on February 04, 2020

List
Definitions

List

Published on February 04, 2020

Measure_of_economic_welfare
Definitions

Measure_of_economic_welfare

Published on February 04, 2020

Quota
Definitions

Quota

Published on February 04, 2020

Economics – schools of thought
Definitions

Economics – schools of thought

Published on January 29, 2020

Income elasticity of demand (YED)
Definitions

Income elasticity of demand (YED)

Published on January 29, 2020

What is Cross Elasticity of Demand?
Definitions

What is Cross Elasticity of Demand?

Published on January 29, 2020

Withdrawals
Definitions

Withdrawals

Published on January 29, 2020

Wealth effect
Definitions

Wealth effect

Published on January 29, 2020

Newer Posts
Page 24 of 39
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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