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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
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

A person in a plaid shirt sits at a desk, focused on a computer screen displaying a search interface, with headphones and a phone nearby.

Irregular Earnings of Gig Workers and the Microeconomic Perspective on Volatility

Published on December 24, 2025

Thanks to the ease of remote work with today's technology, do cities still enjoy an agglomeration advantage?

The Geography of Remote Work: Are Cities Losing Their Agglomeration Advantage?

Published on December 19, 2025

Instead of paying for Internet ads or TV commercials featuring celebrities, many firms are now using social media influencers to endorse products.

The Economics of Micro-Influencers: Reputation, Pricing, and Market Structure

Published on December 19, 2025

Most online systems today require users to verify their identity, which is part of Know Your Customer (KYC) protocol.

The Economics of Identity Verification: When KYC Becomes Infrastructure

Published on December 19, 2025

Our ever-growing demand for computing capacity and data storage has turned computing power into a fought-over resource.

AI Supply Chains: When Compute Becomes the New Oil

Published on December 19, 2025

A close-up view of a sign reading "TRADING" against a backdrop of tall, modern skyscrapers in a black and white setting.

Understanding CFDs in Today’s Market: Flexibility in a Volatile Landscape

Published on December 19, 2025

Illustration of the U.S. Treasury building, featuring a grand facade with columns, steps, and an American flag waving above.

The Emergence of Hybrid Curve Dynamics After Inversion

Published on December 18, 2025

Will AI be the ed tech innovation that finally levels the educational playing field between rich and poor?

AI Tutors, Inequality, and the New Education Production Function

Published on December 11, 2025

AI is a convenient tool for getting answers in common language...but are these answers accurate?

The Economics of AI Hallucinations: Information Quality as a Market Good

Published on November 27, 2025

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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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