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What caused the rapid rise of Airbnb and Vrbo (short-term rental market) as rivals to hotels and motels?

The Economics of Short-Term Rentals vs. Hotels

Most consumers are familiar with the popular short-term rental apps Airbnb and Vrbo. What caused their rapid rise in the vacation market? Why has that market cooled in recent years, swinging demand back to hotels?...
4 min read
NYC Times Square at night with cars flashing by and a crowd on the sidewalk.
Managing the economy

Pigovian Taxes and Urban Mobility: Economic Implications of New York's $9 Congestion Toll

Published on April 05, 2025

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Business economics Behavioural economics

Creative Destruction and the Rise of Physical-Digital Advertising: How Innovation is Shifting Back to the Real World

Published on March 01, 2025

The Economic Impact of Internet Infrastructure: How Connectivity Drives Growth in the UK

The Economic Impact of Internet Infrastructure: How Connectivity Drives Growth in the UK

Published on February 22, 2025

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Behavioural economics Managing the economy

The Principle of Market Competition: Retail Investors Venturing into Complex Trading Sectors

Published on February 04, 2025

A photograph of a bust of Karl Marx
Managing the economy

Historical Materialism and the Misjudgment of Capitalism in the 19th Century

Published on January 18, 2025

Photograph of African mine
Competitive markets Managing the economy Factors of production

The Resource Curse and Institutional Failure: Economic Rent-Seeking and Development Challenges in Africa

Published on January 12, 2025

A photograph of a port with cargo containers.
Managing the economy

Consumer Surplus and the Economics of Parallel Importation

Published on January 10, 2025

Photograph of a city by the ocean, with various ships traversing the water in front of it.
Global economics

Global Trade in the Age of Deglobalization - Is the World Turning Inward?

Published on January 07, 2025

Picture of a shopping center at night.
Behavioural economics

The Behavioral Economics of Everyday Choices: Why We Spend, Save, and Splurge

Published on January 07, 2025

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Managing the economy Market Failure

Tuition and Administrative Bloat: Examining the Economic Principle of Cost Disease

Published on January 01, 2025

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Firms can use data analysis to streamline operations, conduct market research, and design more desirable products.

Data as an Input: Returns to Scale in the Information Economy

As firms increase their volume and analysis of consumer data, will they become increasingly efficient at drawing in customers and create natural monopolies in each market? Will smaller firms be able to hold on in our digital analysis age?...
4 min read

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A vibrant, colorful digital wave background with text overlay reading "A Micro Model for Paid YouTube Promotion.
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Blockchain technology allows for the permanent record of ownership of a digital asset.
The Economics of NFT Scarcity and Digital Ownership
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That in-dash navigation system in your new car is convenient...but is it included in the purchase of the vehicle?
The Subscription to Everything Economy
October 24, 2025

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