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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
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Behavioural economics Managing the economy

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

Published on February 04, 2025

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Behavioural economics Business economics Competitive markets

Transaction Costs, Market Frictions, and Digital Disintermediation in Mobile Connectivity

Published on February 03, 2025

Consumers desire tech products that synchronize, creating network effects.

Economies of Scale in the Tech Industry: How Big Tech Firms Achieve Dominance through Network Expansion

Published on January 31, 2025

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Competitive markets Behavioural economics

Price Discrimination in the Airline Industry: A Study of Dynamic Pricing Strategies

Published on January 30, 2025

The 2008 financial crisis triggered the Great Recession (2008-09), which was the worst since the Great Depression.

Moral Hazard in the Banking Sector: Lessons from the 2008 Financial Crisis and Beyond

Published on January 30, 2025

Traffic congestion can cause several negative externalities that harm consumers and society.

Externalities and Urban Congestion: Analyzing the Economic Costs and Policy Responses in Major Global Cities

Published on January 30, 2025

A striking black-and-white view of skyscrapers converging towards the sky, highlighting modern architecture and geometric designs.

The Annual Budget No Longer Works: How Businesses Survive in an Era of Volatility

Published on January 30, 2025

Abstract image showing skyscrapers with financial charts and graphs overlayed, symbolizing data analysis and market trends.

What Competitive Economics Can Teach Us About Ranking in Search

Published on January 29, 2025

Moral Hazard and Financial Crises: The 2008 Bailouts of US Financial Institutions

Moral Hazard and Financial Crises: The 2008 Bailouts of US Financial Institutions

Published on January 27, 2025

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Behavioural economics Business economics Competitive markets

Fixed Costs, Minimum Efficient Scale, and Entry Barriers in Chartered Private Aviation

Published on January 27, 2025

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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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