Applications of Digital Twin technology have been growing at an exponential rate, and it is transforming the way businesses operate. In the past few years, Digital Twins leveraged vital business applications, and it is predicted that the technology will expand to more applications, use cases,...

The Industrial Internet of Things (IIoT) and Digital Twins (DTs) are changing how digital models and physical products interact. IIoT connects to intelligence in the physical world, and DTs virtually represent their physical counterparts. As a result, DTs will be invaluable for testing and...

The industrial organization literature has reached the conclusion that the U.S. economy has been moving toward more competition and less concentration in the postwar period. In this study, the authors show that this claim, though accurate through the 1970s, does not hold in the 1980s. The...