Information Economics: Moral Hazard and Adverse Selection
Information economics examines how information asymmetry—where one party has more or better information than the other—shapes economic decisions and market outcomes. Asymmetric information creates imbalances, leading to inefficiencies, distorted incentives, and even market failures. Two of the most...
Investors pour into photonics startups to stop data centers from hogging energy and to...
Oriole Networks, a British company with plans for a completely new networking infrastructure for AI supercomputing clusters that is based on using light instead of electricity to transmit data, has raised $22 million from the London-based venture capital...
Elon Musk criticised for offering $1mn prizes to voters who sign petition
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseElon Musk’s pledge to dole out money to registered voters who sign his petition backing free speech...
Harris, Trump Duel Over Endurance As Celebrities Join Campaign Trail
Kamala Harris and Donald Trump invited star power to the campaign trail Saturday, as they took shots at each other's endurance and urged early voting in battleground states key to the ever-tightening US presidential race.At rallies in Detroit...
Record number of UK businesses at risk of collapse ahead of critical autumn budget
A record number of UK businesses are facing significant financial distress, underlining the precarious state of the economy as Chancellor Rachel Reeves prepares to unveil her first budget on 30 October.
A report by Begbies Traynor, the insolvency specialists,...
Putin’s Shadow Looms Over Moldova’s Vote on EU Membership
Breadcrumb Trail LinksPMN BusinessPro-European forces in the former Soviet Republic are trying to counter a campaign by Russia to keep the tiny nation in its orbit.Author of the article:Bloomberg NewsJasmina Kuzmanovic and Lina GrauPublished Oct 19, 2024 • ...
RPF seizes gold, silver, cash worth Rs 4.01 crores in major operation at New...
The Railway Protection Force (RPF) conducted a significant operation at New Delhi Railway Station on September 5, 2024, resulting in the seizure of gold, silver, and cash valued at Rs 4.01 crores. Acting on a tip-off, RPF officials...
Understanding Revealed Preference Theory and Utility in Consumer Choice
In microeconomics, understanding how consumers make decisions and choose between different goods is central to analyzing market behavior. Two important concepts in this regard are the utility theory and the revealed preference theory. While utility theory seeks to...
Meta laid off about 100 workers amid permanent ‘efficiency’ mode
Scores of Meta employees have been laid off this week, as the company embraces a new corporate culture of “efficiency” around resources and headcount.
Around 100 people were impacted by the latest round of reorganizations and a related reallocation...
Weight-loss drugs show promise in tackling opioid and alcohol abuse
Observational study points to potential of drugs such as Ozempic beyond tackling obesity and diabetes
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Negative Interest Rates and Inflation: Understanding the Modern Paradox
In the aftermath of the 2008 financial crisis, the world’s leading central banks found themselves in uncharted territory. In a bid to avoid...
