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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
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

Published on 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

Published on 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

Published on January 16, 2026

Today, firms use massive sets of data just as they would any other factor of production.

Data as Capital: Rethinking the Factors of Production

Published on January 16, 2026

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”

Published on January 15, 2026

Today, the labor market is undergoing yet another evolution thanks to both applicants and hiring managers using AI.

Algorithmic Hiring and the New Labor Market Matching Function

Published on January 09, 2026

Digital Payments and the Vanishing Role of Cash

Digital Payments and the Vanishing Role of Cash

Published on January 09, 2026

Can customer reviews on Google, Amazon, Walmart, Target, and other sites replace the need for some government regulations?

Platform Ratings as Informal Regulation

Published on January 09, 2026

Today, most consumers get their digital entertainment through monthly subscriptions.  Will this model last?

Subscription Economies and the Rebundling of Consumer Demand

Published on January 06, 2026

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

Published on December 24, 2025

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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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