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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
Hedging Definition
Definitions Forex Trading

Hedging Definition

Published on May 27, 2024

Predatory Pricing
Definitions Competitive markets

Predatory Pricing

Published on May 23, 2024

Marginal Propensity to Save (MPS)
Definitions Managing the economy

Marginal Propensity to Save (MPS)

Published on May 17, 2024

Brand Loyalty
Definitions Business economics

Brand Loyalty

Published on May 15, 2024

Composite Demand Definition
Definitions Competitive markets

Composite Demand Definition

Published on May 15, 2024

Positive Feedback Loop Examples
Definitions Behavioural economics

Positive Feedback Loop Examples

Published on May 12, 2024

What is the IMF?
Definitions Global economics

What is the IMF?

Published on May 12, 2024

Understanding Nudges
Definitions Behavioural economics

Understanding Nudges

Published on May 09, 2024

Market Structure
Definitions Competitive markets

Market Structure

Published on May 07, 2024

Pure Competition
Definitions Competitive markets

Pure Competition

Published on May 07, 2024

Newer Posts
Page 9 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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