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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
Person typing on macbook with a screen in the background.
Business economics

The Rise of AI in Personal Assistance: A Study in Comparative Advantage

Published on January 13, 2024

Several parked cars at a car dealership in Japan.
Managing the economy

How Digital Approaches are Disrupting Brick-and-Mortar Businesses: The Case of Car Buying and Selling

Published on January 13, 2024

Photograph of the inside of a car dealership, with a red Mazda in the background and a desk in the foregroun
Market Failure

Market Failures in the Age of Product Complexity: Addressing Information Asymmetry

Published on January 12, 2024

The Economics of Consumer Consent: How Regulations Reshape Business Strategies

The Economics of Consumer Consent: How Regulations Reshape Business Strategies

Published on January 10, 2024

The Role of Privacy Tools in the Changing Landscape of E-Commerce

Published on January 04, 2024

Image of a man holding a phone with the robin hood app open
Business economics Competitive markets

Diminishing Marginal Returns: Case Study of Client Acquisition by Retail Trading Platforms

Published on January 03, 2024

Vladimir Semenikhin: An Impactful Contributor to the Construction and Art World
Profiles

Vladimir Semenikhin: An Impactful Contributor to the Construction and Art World

Published on January 03, 2024

A laptop on top of a table with the words "Join Us Online" on the screen.

Online Courses as a Case Study in Applied Economics: Insights for the Modern Classroom

Published on December 30, 2023

Best Practices & How To Manage Your Ecommerce Business

Best Practices & How To Manage Your Ecommerce Business

Published on December 29, 2023

The Economics of Legitimate Review Sites: Reducing Information Asymmetry in the Digital Marketplace

The Economics of Legitimate Review Sites: Reducing Information Asymmetry in the Digital Marketplace

Published on December 29, 2023

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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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International Money Transfers: Reducing Transaction Costs and Enhancing Efficiency
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When you listen to your favorite artist through a subscription service, does he or she get paid fairly for the work they produced?
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