The Economics of Information

Key aspects to understand about Robotic process automation (RPA) and artificial intelligence (AI)...

Background: Large companies often receive thousands of invoices from suppliers every month. Proce...

Agrawal, A., Gans, J., & Goldfarb, A. (Eds.). (2019). The economics of artificial intelligence: a...

Platforms and the sharing economy are central to modern business strategies and the evolution of ...

Background and Development: Founded in 2008 by Brian Chesky, Joe Gebbia, and Nathan Blecharczy...

Background and Development: Founding: Uber was founded in 2009 by Garrett Camp and Travis Kala...

Schor, J. (2016). Debating the sharing economy. Journal of self-governance and management economi...

Here is an overview of the most important aspects related to Blockchain and Smart Contracts:   ...

Georgia has historically faced challenges with land registration. The process was cumbersome, pro...

Comuzzi, M., Grefen, P., & Meroni, G. (2023). Blockchain for Business: IT Principles into Practic...

Definition: Information asymmetry occurs when one party in a transaction has more or better infor...

Akerlof, George (1970). The Market for "Lemons": Quality Uncertainty and the Market Mechanism. Th...

The principal-agent problem is an important topic in both economics and organizational theory. ...

The principal-agent problem (or agency dilemma) arises when one person (the "agent") is allowed t...

Greenstone, M., He, G., Jia, R., & Liu, T. (2022). Can technology solve the principal-agent probl...

What is Game Theory? At its core, Game Theory is the study of how people make decisions in situa...

The Trans-Pacific Partnership (TPP) negotiations involved multiple countries, each with its own s...

Osborne, M.J. (2003). An Introduction to Game Theory. Oxford University Press. ISBN: 978019512895...

Markets and price signals are fundamental concepts in economics and business. Here are the main t...

Price differentiation, also known as price discrimination, refers to the practice of charging dif...

Bichler, M., Knörr, J., & Maldonado, F. (2023). Pricing in nonconvex markets: How to price electr...

Big data, privacy, and the General Data Protection Regulation (GDPR) are all interconnected in th...

The following material is available on the website of the National Supervisory Authority for Pers...

European Union. (2023). What is GDPR, the EU’s new data protection law? https://gdpr.eu/what-is-...

1.      Privacy and Data Protection: ·       Big Tech: Claims robust data protection and offers ...

Big tech companies often find themselves in disputes with governments over user data, driven by t...

Agarwal, R. (2020). Why A Big Government Cure Would Be Worse Than Big Tech Control. Forbes https...

Definition and Identification: Understand what constitutes fake news: misinformation (false or m...

  In the 2016 U.S. Presidential election, a widely circulated fake news story claimed that Pope ...

Baptista, J. P., & Gradim, A. (2020). Understanding fake news consumption: A review. Social Scien...

Definition of Intellectual Property (IP): IP refers to creations of the mind such as inventions, ...

Patents have often played a complex role in the balance between fostering innovation and potentia...

European Patent Office. (2023). New study reveals how IP helps startups raise finance. https://w...

Crowdsourcing has emerged as a potent tool for businesses and organizations to harness the collec...

Wikipedia: Perhaps the most famous example, Wikipedia is a free online encyclopedia created thr...

Vermicelli, S., Cricelli, L., & Grimaldi, M. (2021). How can crowdsourcing help tackle the COVID‐...

Definition: Outsourcing involves delegating certain business processes or functions to third-part...

Apple, known for its wide range of popular consumer electronics like iPhones, iPads, and Mac comp...

Schniederjans, M.J., Schniederjans, A. M., Schniederjans, D. G. (2010). Outsourcing and Insourcin...