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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

Carbon_offsetting

Published on January 28, 2020

What are buffer stocks?
Definitions

What are buffer stocks?

Published on January 28, 2020

Definitions

Barriers_to_entry

Published on January 28, 2020

Balance of payments - definition
Definitions

Balance of payments - definition

Published on January 28, 2020

Definition of asymmetric shocks
Definitions

Definition of asymmetric shocks

Published on January 28, 2020

Asymmetric information - definition
Definitions

Asymmetric information - definition

Published on January 28, 2020

Definition of aggregate supply
Definitions

Definition of aggregate supply

Published on January 28, 2020

Definitions

Aggregate_demand

Published on January 28, 2020

Definitions

Affordability

Published on January 28, 2020

Definition of ad valorem tax
Definitions

Definition of ad valorem tax

Published on January 28, 2020

Newer Posts
Page 38 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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