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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
Credit Default Swap (CDS)
Definitions Competitive markets

Credit Default Swap (CDS)

Published on June 16, 2024

Washington Consensus Definition
Definitions Managing the economy

Washington Consensus Definition

Published on June 16, 2024

Regressive Taxes
Definitions Managing the economy

Regressive Taxes

Published on June 09, 2024

Neoliberal Meaning
Definitions Managing the economy

Neoliberal Meaning

Published on June 09, 2024

What is Monetarism?
Definitions Managing the economy

What is Monetarism?

Published on June 09, 2024

Kinked Demand Curve
Definitions Competitive markets

Kinked Demand Curve

Published on June 06, 2024

Inferior Commodity
Definitions Business economics

Inferior Commodity

Published on June 05, 2024

Equilibrium Quantity
Definitions Competitive markets

Equilibrium Quantity

Published on June 04, 2024

Contagion Meaning in Economics
Definitions Global economics

Contagion Meaning in Economics

Published on May 29, 2024

Deindustrialisation
Definitions Global economics

Deindustrialisation

Published on May 29, 2024

Newer Posts
Page 8 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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