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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

Why have a handful of websites come to dominate the Internet? Network effects explain how demand for a good or service increases as more people use it; users benefit from accessing more fellow users....
5 min read
Brand Loyalty
Definitions Business economics

Brand Loyalty

Published on May 15, 2024

Composite Demand Definition
Definitions Competitive markets

Composite Demand Definition

Published on May 15, 2024

Positive Feedback Loop Examples
Definitions Behavioural economics

Positive Feedback Loop Examples

Published on May 12, 2024

What is the IMF?
Definitions Global economics

What is the IMF?

Published on May 12, 2024

Understanding Nudges
Definitions Behavioural economics

Understanding Nudges

Published on May 09, 2024

Market Structure
Definitions Competitive markets

Market Structure

Published on May 07, 2024

Pure Competition
Definitions Competitive markets

Pure Competition

Published on May 07, 2024

Ostentation Definition
Definitions Behavioural economics

Ostentation Definition

Published on May 04, 2024

Dynamic Pricing Explained
Definitions Competitive markets

Dynamic Pricing Explained

Published on April 29, 2024

Robert Shiller and the Housing Market
Definitions Competitive markets

Robert Shiller and the Housing Market

Published on April 29, 2024

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When shopping online, could you be charged a personalized price based on an AI analysis of your income and habits?

Price Discrimination in the Digital Age: How Companies Maximize Profits Through Personalized Pricing

Artificial intelligence (AI) software could be used to change prices charged to individual online shoppers based on their income, wealth, and consumption habits, raising ethical implications....
5 min read

Recent Post

Smartphone apps allow workers in the gig economy to quickly take on individual tasks for cash payment.
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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
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
April 27, 2025

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