Economics Online
Economics Online
Home Business Economics Definitions Global Economics Managing the Economy Competitive Markets Write For Us
Home Business Economics Definitions Global Economics Managing the Economy Competitive Markets Write For Us Search
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
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

We all have the same 24 hours in a day, meaning our attention is a valuable asset to advertisers!

Attention Markets and the Economics of Time Scarcity

Published on January 18, 2026

Newer Posts
Page 5 of 199
Older Posts
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

Recent Post

PR agency presentation board
Reputation as a Public Good: Externalities in Corporate Communications Markets
June 24, 2026
Oil tanker moving in ocean
Hormuz May Reopen, but the Oil Shock Is Far From Over
June 24, 2026
Workers in the gig economy have lots of flexibility regarding when and how much they work, but what about job and wage security?
The Gig Economy, Labour Market Flexibility and Monopsony Power
June 16, 2026

Tag Cloud

Agglomeration Economies Behavioural economics Business economics Commodities Competitive markets Crypto Definitions Factors of production finance Financial Markets Forced Migration Forex Trading Global economics Human Capital Information Failure Innovation & Technology Investing Labour markets Liquidity Managing the economy Market Failure Market failures Market Liquidity microeconomics operational-efficiency Price discrimination Profiles Questions Quiz Right Rail small business switching costs Uncategorized Updates YouTube

Navigation

Privacy Policy Terms of Service About Us Contact Us

Follow Us

© All Rights Reserved - Bright X Media LLC - EconomicsOnline.co.uk 2008 - 2024