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What would happen if sellers could use AI to determine how much you are willing and able to pay for every possible product?

The Economics of Hyper-Personalization: When Every Consumer Gets a Different Price

One fear regarding artificial intelligence (AI) is its potential ability to analyze and profile customers to allow sellers to engage in perfect price discrimination: charging each customer the maximum amount he or she is willing to pay. What would be the economic ramifications?...
4 min read
NYC Times Square at night with cars flashing by and a crowd on the sidewalk.
Managing the economy

Pigovian Taxes and Urban Mobility: Economic Implications of New York's $9 Congestion Toll

Published on April 05, 2025

White, green and red pixel lights showing VXX market price.
Behavioural economics Managing the economy

The Principle of Market Competition: Retail Investors Venturing into Complex Trading Sectors

Published on February 04, 2025

A photograph of a bust of Karl Marx
Managing the economy

Historical Materialism and the Misjudgment of Capitalism in the 19th Century

Published on January 18, 2025

Photograph of African mine
Competitive markets Managing the economy Factors of production

The Resource Curse and Institutional Failure: Economic Rent-Seeking and Development Challenges in Africa

Published on January 12, 2025

Production Possibility Curve (PPC)
Definitions Managing the economy

Production Possibility Curve (PPC)

Published on January 10, 2025

A photograph of a port with cargo containers.
Managing the economy

Consumer Surplus and the Economics of Parallel Importation

Published on January 10, 2025

Image of a crowd of students graduating, standing in their graduation gowns.
Managing the economy Market Failure

Tuition and Administrative Bloat: Examining the Economic Principle of Cost Disease

Published on January 01, 2025

Tax Multiplier Formula
Definitions Managing the economy

Tax Multiplier Formula

Published on December 21, 2024

Dollar bills with sharpie markers written on them.
Definitions Managing the economy Global economics

Expansionary Monetary Policy

Published on December 17, 2024

The Shift to Electric Vehicles: Europe’s Strategic Challenges and Opportunities
Global economics Managing the economy

The Shift to Electric Vehicles: Europe’s Strategic Challenges and Opportunities

Published on December 15, 2024

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Older Posts
Thanks to the ease of remote work with today's technology, do cities still enjoy an agglomeration advantage?

The Geography of Remote Work: Are Cities Losing Their Agglomeration Advantage?

With high speed Internet, many white collar workers can work from anywhere. Does this ability to work for a big city firm from a town thousands of miles away weaken the agglomeration advantage traditionally enjoyed by big cities?...
4 min read

Recent Post

When you purchase a new digital product, does your usage data from your old product transfer seamlessly to the new one?
Data Portability and Competition Policy in Digital Markets
January 17, 2026
The Covid pandemic created the remote work revolution and allowed urban workers to take their city wages to the suburbs.
Remote Work and the Geography of Wages
January 17, 2026
A smartphone displaying a financial chart under a magnifying glass, with "SELL" and "BUY" buttons and an upward trend arrow.
Day Trading Platforms for Beginners in 2026: An Economic Comparison
January 16, 2026

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