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Today, firms use massive sets of data just as they would any other factor of production.

Data as Capital: Rethinking the Factors of Production

In the past quarter-century, digital data has become a new factor of production, allowing firms to create new products, communicate with suppliers and retailers, and advertise to customers. How does data affect firms' value, and how will it affect macro-level economic growth?...
4 min read
Many consumers are taking advantage of BNPL services to break up expensive payments into four or more installments.

How Buy Now, Pay Later Is Changing Household Finance

Published on May 18, 2025

Smartphone apps allow workers in the gig economy to quickly take on individual tasks for cash payment.

The Gig Economy and the Disintegration of the Traditional Labor Contract

Published on May 12, 2025

Can companies use powerful data analysis tools to figure out how much each of us is willing to pay?

Why Data Is the New Oil: Market Power in the Age of Information Capitalism

Published on May 12, 2025

Users may be able to pay free demo versions of video games, but have to pay to access all features.

From Freemium to Premium: The Economics of Free Products

Published on April 27, 2025

Today, many customers can use Buy Now, Pay Later (BNPL) services with zero interest due.

Buy Now, Pay Later and the New Consumer Debt Cycle

Published on April 27, 2025

Fast food restaurants with electronic menus have the ability to change prices rapidly, known as surge pricing.

Surge Pricing and the Ethics of Real-Time Markets

Published on April 19, 2025

Many young people dream of being able to make a living from posting digital content on social media.

The Creator Economy: Why Attention Is the New Currency

Published on April 19, 2025

By producing, distributing, advertising, selling, and servicing its own vehicles, most major automakers are vertically integrated.

How Vertical Integration Is Reshaping Consumer Markets

Published on April 19, 2025

Online shopping has become the dominant medium thanks to convenient platforms like Amazon and Walmart

Platform Economics and the Power of Scale: Why Big Tech Keeps Getting Bigger

Published on April 11, 2025

The ease of linking Apple products for digital use is part of a network effect that increases its popularity.

Network Effects and the Rise of Big Tech: Analyzing Market Dominance in the Digital Economy

Published on April 01, 2025

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If AI software scans you and decides you want the product more than average, should it be able to charge you more money?

AI Price Discrimination and the End of the “Uniform Price”

Sellers have long wished to be able to charge higher prices to customers who are willing and able to pay more. Now, with AI software, sellers may finally have the ability to quickly and accurately analyze customers' willingness to pay. Is this ethical?...
4 min read

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