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Online gamers can spend significant sums of money through in-game purchases, raising questions about behavioral nudges and gaming.

The Free-to-Play Game Economy: Selling Pixels for Billions

Today's gamers can make purchases within video games themselves, buying lives, equipment, appearance packages, etc. How much economic impact does this online market have, and should we be concerned about the potential for online gaming addiction?...
5 min read
Close up picture of a $100 bill with Benjamin Franklin's head prominent there.
Competitive markets Behavioural economics Business economics

Interest Rate Parity: The Economic Principle That Anchors Currency Values

Published on April 22, 2024

Picture of a busy street in Southeast Asia
Behavioural economics Business economics Competitive markets

Market Efficiency and the Role of Technology in Transforming the Tourism Industry

Published on April 22, 2024

Picture of an old university with a green lawn
Behavioural economics Business economics Managing the economy

Path Dependence in Finance Education: Why Curriculum Change Lags Behind Market Innovation

Published on April 20, 2024

University classroom with many hands raised.
Competitive markets Behavioural economics Business economics

Incentives Matter: How Academic Economists Respond to the Market of Ideas

Published on April 19, 2024

Blue, purple and green drawings on a piece of paper. Unclear what they are, looks like mock writing.
Behavioural economics Managing the economy Crypto Business economics

Applying the Efficient Frontier: How Diversification Enhances Crypto’s Role in Modern Portfolios

Published on April 19, 2024

Buying a Used Car - Smart Economic Move?

Buying a Used Car - Smart Economic Move?

Published on April 15, 2024

Konstantin Nikolaev - a businessman with experience in various fields
Profiles

Konstantin Nikolaev: Logistics Entrepreneur and Winemaker

Published on April 12, 2024

Image of an iphone in the dark with the screen lit up showing various app
Managing the economy Competitive markets Business economics

Global Talent and the Law of Comparative Advantage: Understanding Labor Arbitrage in App Development

Published on April 11, 2024

Game Theory and Consensus Mechanisms in Blockchain Economies

Game Theory and Consensus Mechanisms in Blockchain Economies

Published on April 10, 2024

Schumpeterian Growth and Disruptive Innovation in the Education Sector

Schumpeterian Growth and Disruptive Innovation in the Education Sector

Published on April 10, 2024

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Thousands of content creators post daily on YouTube, TikTok, and other social media sites in hopes of "going viral."

The Economics of “Going Viral”: Attention as a Scarce Resource

They say that everyone wants to be famous. Today, virtually anyone can, thanks to social media. However, there are high costs of trying to master the algorithms to create the most desirable content. What are the economic costs and benefits of trying to "go viral" online?...
4 min read

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