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Many restaurants on delivery apps like Door Dash and Uber Eats are actually ghost kitchens without storefronts.

The Gig Economy of Cloud Kitchens

When you open a food delivery app for a meal brought straight to you, do you ever see brand you don't recognize? These are likely ghost kitchens, which exist without storefronts. How do they operate, and why have they become so popular over the last decade?...
4 min read
Pigouvian Tax
Definitions Behavioural economics Business economics Competitive markets Global economics Information Failure

Pigouvian Tax

Published on January 29, 2020

Phillips Curve
Definitions

Phillips Curve

Published on January 29, 2020

Price elasticity of supply
Definitions

Price elasticity of supply

Published on January 29, 2020

Perfect competition
Definitions

Perfect competition

Published on January 29, 2020

Price elasticity of demand
Definitions

Price elasticity of demand

Published on January 29, 2020

Pareto efficiency
Definitions

Pareto efficiency

Published on January 29, 2020

Output gap
Definitions

Output gap

Published on January 29, 2020

Opportunity cost
Definitions

Opportunity cost

Published on January 29, 2020

Oligopoly
Definitions

Oligopoly

Published on January 29, 2020

Normative statement
Definitions

Normative statement

Published on January 29, 2020

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Many workers are "quiet quitting" today, meaning they perform the bare minimum at work but refuse to leave the job.

The Economics of Quiet Quitting: Labor Supply Meets Workplace Incentives

In recent years, the phenomenon of "quiet quitting" has risen among younger Millenial and Gen Z workers. They don't leave dissatisfying jobs, but instead resort to doing the bare minimum. What has happened, and why?...
4 min read

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