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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
Autarkic: A Comprehensive Guide
Definitions Global economics Managing the economy

Autarkic: A Comprehensive Guide

Published on January 16, 2024

Implicit vs. Explicit Costs
Definitions Business economics

Implicit vs. Explicit Costs

Published on January 14, 2024

Quaternary Sector
Definitions Global economics

Quaternary Sector

Published on January 09, 2024

Cartelism Meaning
Definitions Market Failure

Cartelism Meaning

Published on January 02, 2024

Midpoint Method in Economics
Definitions Business economics

Midpoint Method in Economics

Published on December 30, 2023

Positive vs. Normative Economics: A Comprehensive Guide
Definitions Managing the economy

Positive vs. Normative Economics: A Comprehensive Guide

Published on December 21, 2023

Choice Architecture
Definitions Behavioural economics

Choice Architecture

Published on December 14, 2023

What is a NEET?
Definitions Labour markets

What is a NEET?

Published on December 13, 2023

Image of a roll royce logo
Definitions Business economics

Veblen Goods Explained

Published on December 12, 2023

Dutch Disease
Definitions Managing the economy

Dutch Disease

Published on December 01, 2023

Newer Posts
Page 13 of 22
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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

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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
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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
April 27, 2025

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