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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

With AI and massive data sets of our Internet usage history, some fear that companies will be able to engage in price discrimination and personalized pricing, charging each of us the highest price we are willing to pay....
5 min read
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Market Structures and Pricing Strategies: The Case of Amazon in Monopolistic Competition

Published on February 26, 2025

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Externalities and Climate Policy: The European Union Emissions Trading System (EU ETS)

Published on February 15, 2025

Picture of railroad tracks

The Impact of Opportunity Cost in Public Infrastructure Projects: A Case Study of High-Speed Rail in California

Published on February 15, 2025

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Game Theory in Trade Negotiations: The US-China Trade War

Published on January 23, 2025

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Behavioral Economics and Retirement Savings: The Success of the UK’s Auto-Enrolment Pension Scheme

Published on January 23, 2025

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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

Many people use "freemium" services or products, and are asked daily to upgrade to full access to all features as part of the firm's paid tier. Why is it worth it for firms to offer free packages or demo versions?...
5 min read

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