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Firms are often willing to pay for data that can help them boost revenue or streamline operations.

Data Pricing and the Economics of Information Markets

Companies are often willing to pay for data that can help them operate more efficiently and/or boost revenue through improved marketing. What are the economic implications and challenges of information markets?...
4 min read
Managing the economy

Equilibrium_answer

Saddique Ansari • February 04, 2019 • 1 min read

Author bio

 Answer

Price level Aggregate demand Aggregate supply
200 50 700
180 160 700
160 270 700
140 380 680
120 490 660
100 600 600
80 710 100

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It seems like everyone is glued to their phones these days...probably because app creators know how to make their sites addictive!

Attention Markets and the Allocation of Cognitive Scarcity

The rapid rise of the smartphone, social media, and streaming entertainment have created more competition for our attention than ever before. Who wants our attention, and why? Are there any potential economic harms to our attentions being so divided among productivity and entertainment?...
4 min read

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