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Could sophisticated AI software quickly determine the maximum you would pay for any item, and charge you accordingly?

Surge Pricing in the Age of AI: Fairness or Exploitation?

Some people fear that one of the many changes coming with AI is rampant price discrimination, where algorithms analyze each consumer and charge him or her the maximum price that he or she would be willing to pay. What could happen to society?...
4 min read
Many consumers purchase multiple Internet subscription services and forget to cancel ones they no longer use.

Buy It Now, Pay Forever? The Economics of Subscription Overload

Published on July 19, 2025

When consumers can make more small transactions instead of single large transactions, they tend to spend more money overall.

Microtransactions and the Psychology of Spending

Published on July 02, 2025

Thanks to the Internet, consumers share tremendous volumes of personal data with sellers, sometimes without realizing it.

When Data Becomes Capital: The Economics of Digital Identity

Published on July 02, 2025

Digital nomad visas can allow remote workers to live in other countries, bringing in revenue but straining local communities.

The Rise of Digital Nomad Visas: Talent Arbitrage in Real Time

Published on July 02, 2025

Cloud kitchens, also known as ghost kitchens, have no storefront and produce food entirely for takeout or delivery.

The Microeconomics of Cloud Kitchens: Efficiency or Exploitation?

Published on June 20, 2025

A shirt promoting environmentalism, which is part of the ethical consumption and clean energy movements.

Green Premiums and the Price of Ethical Consumption

Published on June 20, 2025

ESPN+ is a subsidiary of Disney and can be bundled with other Disney streaming services.

Streaming Fatigue and the Fragmentation of Digital Entertainment

Published on June 20, 2025

Customer loyalty programs often make regular customers eligible for free products after a certain amount of purchases.

The Economics of Loyalty: Points, Perks, and Predictable Behavior

Published on June 08, 2025

Remote workers are changing economic geography across the world by moving away from big cities.

Economic Geography and the Rise of Remote Work

Published on June 08, 2025

Consignment stores and online clothing resale sites are part of circular markets for used goods.

The Resale Economy: From Fast Fashion to Circular Markets

Published on June 08, 2025

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A sign signaling the pick-up location for ride share drivers, who are a major component of the gig economy.

The Gig Worker’s Dilemma: Flexibility vs. Stability

Many people find the idea of working whatever hours they choose to be appealing. Essentially, they get to be their own boss! However, unwary workers may quickly discover some disadvantages of being part of the gig economy. Why might they struggle?...
5 min read

Recent Post

Today's digital era can result in subscription fatigue as consumers try to mentally budget their many digital subscriptions.
The Subscription Fatigue Paradox: When Too Many “Small” Payments Hurt Growth
September 17, 2025
Polluting firms can purchase carbon offsets (also known as carbon credits) to reduce their environmental impact. Does it work?
Carbon Offsets and the Market for Guilt Reduction
September 17, 2025
International Money Transfers: Reducing Transaction Costs and Enhancing Efficiency
International Money Transfers: Reducing Transaction Costs and Enhancing Efficiency
September 16, 2025

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