In a paper titled Artificial Superintelligence May Be Useless: Equilibria in the Economy of Multiple AI Agents, a team of researchers state that equilibrium outcomes in multi-agent economies may ...

Andrew Bloomenthal has 20+ years of editorial experience as a financial journalist and as a financial services marketing writer. Erika Rasure is globally-recognized as a leading consumer economics ...

Discover how marginal cost and revenue calculations help businesses find their profit-maximizing point by comparing costs and ...

Marginal utility helps set product pricing; high initial satisfaction decreases with more units. Some stores use bulk pricing when consumers value additional items less. Progressive taxes assume each ...