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Although increasingly popular, AI still makes serious mistakes...which could cost companies big bucks in damages.

The Economics of AI Hallucinations and Error Costs

To save money on labor, many companies want to use AI to automate basic office functions, from customer service to research. However, AI is prone to making mistakes that are confidently presented as accurate facts. What are the economic implications of unchecked AI use by companies?...
5 min read
Open-plan office with rows of desks, computers, and employees working in a modern corporate workspace.

Transaction Cost Economics and the Hidden Cost of Disconnected Business Systems

Published on March 30, 2026

Firms are often willing to pay for data that can help them boost revenue or streamline operations.

Data Pricing and the Economics of Information Markets

Published on March 30, 2026

It seems like everyone is glued to their phones these days...probably because app creators know how to make their sites addictive!

Attention Markets and the Allocation of Cognitive Scarcity

Published on March 30, 2026

Stacks of documents secured with large black binder clips are arranged on a desk, with a blurred keyboard and calculator in the background.

Transaction Cost Economics and Why Businesses File Dormant Company Accounts

Published on March 29, 2026

Will expensive and highly bureaucratic asset record keeping by government agencies, such as titles and deeds, move to blockchains?

The Economics of Trustless Systems and Blockchain Governance

Published on March 27, 2026

Can online companies simply relocate their headquarters to enjoy lower taxes and regulations?

Regulatory Arbitrage in Cross-Border Digital Services

Published on March 20, 2026

Digital art can bring users lots of utility, but will skilled creators continue making it for free?

Scarcity by Design: Artificial Constraints in Digital Goods

Published on March 19, 2026

Platform Exit Barriers and the Economics of Lock-In

Platform Exit Barriers and the Economics of Lock-In

Published on March 19, 2026

Why do some streaming platforms offer no-cost channels or packages?

Zero-Price Goods and Cross-Subsidisation in Digital Markets

Published on March 17, 2026

Many bosses today use "bossware" to measure and analyze the computer use of white collar workers.

Algorithmic Management and the Economics of Surveillance

Published on March 16, 2026

Newer Posts
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AI logo and network powe

Beyond the Chips: Why Cables, Connectors and Power Networks Matter to AI Growth

Artificial intelligence is often presented as a race for faster processors and more capable software. Yet every large AI system also depends...
3 min read

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