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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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Global economics Managing the economy

Transition Risk: Navigating the Financial Implications of Climate Mitigation Strategies

Published on December 04, 2024

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Global economics Crypto

The Emergence and Potential of Zero-Knowledge Proofs in Blockchain Technology

Published on November 27, 2024

Image of a warehouse well ordered and neat.
Business economics Competitive markets Behavioural economics Global economics

Modular Capital and the Fragmentation of Industrial Demand: Economies of Scale vs. Economies of Scope

Published on November 22, 2024

Light industrial machinery printing simple electronics.
Business economics Competitive markets Global economics Managing the economy

Lower Entry Barriers: Used Machinery and Small-Firm Formation

Published on November 21, 2024

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Managing the economy Global economics

The Military-Industrial Complex: How Ongoing Conflicts Drive Profits for Defense Contractors

Published on November 13, 2024

Two windmills on a hilltop with a scenic background of mountains, a lake, and a sunset sky.
Business economics Managing the economy Labour markets Behavioural economics Global economics

The Impact of Small, Highly Efficient, and Cheap Nuclear Reactors on Developed Economies: A Focus on Energy Costs and Transportation

Published on November 11, 2024

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Definitions Global economics

What does Hysteresis do?

Published on November 08, 2024

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Global economics Definitions

Economic Ripple of Spanish Gold

Published on October 28, 2024

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Managing the economy Global economics

Why is Turkey a Bad Economy?

Published on October 11, 2024

An image of fruits like cherries and tomatoes along with a price tag.
Global economics Managing the economy

Did Food Prices Increase during the Great Depression?

Published on September 27, 2024

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Today, the labor market is undergoing yet another evolution thanks to both applicants and hiring managers using AI.

Algorithmic Hiring and the New Labor Market Matching Function

When you see a job you want, are you using AI to optimize your online application, resume, and cover letter? Do you know whether your words will pass through the hiring managers' filters, or be automatically deleted? A look at the effect of AI on today's hiring markets....
4 min read

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