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AI can work much faster than human employees, but rates of AI hallucinations and other errors remain significant.

The Economics of AI Hallucinations and Error Costs

AI can be great, but "AI hallucinations" are frequent when AI software attempts to plug in data holes with information that it creates. This can include "ghost citations" of false sources of information. What will firms do to limit the dangers of AI error?...
4 min read
Today, many subscribers of digital entertainment are discovering they must pay additional fees for premium content.

Subscription Fatigue and Two-Part Tariffs in the Digital Economy

Published on February 24, 2026

Today's workers may be less productive due to technological advances intended to distract them.

Attention as an Economic Resource

Published on February 21, 2026

An abstrait Digital Finance background.

How to Bridge Traditional Banking with Digital Finance

Published on February 20, 2026

MacBook with wireframe designs on the screen.
Behavioural economics Business economics Competitive markets

Incomplete Contracts and Complex Requirements: Contract Theory and the Persistence of Bespoke Website Design Services

Published on February 20, 2026

Firms will soon be using AI modeling to determine their optimal level of output and pricing.

Algorithmic Collusion Without Communication

Published on February 20, 2026

Cityscape featuring a mix of historic and modern architecture, including a red brick building with a tower and clock amidst tall glass structures.

Shifts in the UK economy are changing attitudes to investment risk

Published on February 10, 2026

3D Rendered image of a computer with emblems floating around saying PHP, HTML, JS & CSS
Behavioural economics Business economics Competitive markets

Comparative Advantage and Specialization in Execution: Ricardo’s Law Applied to SaaS Development

Published on February 03, 2026

Cell phone with black background and white text.
Behavioural economics Business economics Competitive markets

Bounded Rationality and Behavioral Frictions: Why Simple Digital Tools Outcompete “Built-In” Features

Published on January 30, 2026

When you are shopping online, is the seller using psychological tricks to manipulate you into buying more?

Dark Patterns and the Economics of Consumer Mistakes

Published on January 23, 2026

The high costs of data centers has limited the expansion of AI for now, creating an oligopoly market.

Compute Constraints and the New Economics of Scarcity in AI

Published on January 22, 2026

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As streaming subscription costs continue to rise, many customers are experiencing "subscription fatigue" and logging off.

Subscription Fatigue and Consumer Optimization in Digital Markets

Streaming entertainment services seemed like a great deal a decade ago. Now, rising costs have reduced consumers' utility significantly. How can streaming firms fight subscription fatigue and keep longtime customers from canceling due to price hikes?...
4 min read

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