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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
Understanding the J Curve with Graphs
Definitions Managing the economy

Understanding the J Curve with Graphs

Published on December 01, 2023

Trilemma: A Comprehensive Guide
Definitions Managing the economy

Trilemma: A Comprehensive Guide

Published on November 22, 2023

What is the Rust Belt?
Definitions Global economics

What is the Rust Belt?

Published on November 21, 2023

How to Stop Inflation?
Definitions Managing the economy

How to Stop Inflation?

Published on November 09, 2023

Normative Economics and its Applications
Definitions Behavioural economics Managing the economy

Normative Economics and its Applications

Published on November 03, 2023

Mid Luxury Sector Grows Amidst Economic Recession
Definitions Global economics

Mid Luxury Sector Grows Amidst Economic Recession

Published on October 25, 2023

An image of notes and coins.
Definitions Managing the economy

Ample Reserves vs. Limited Reserves

Published on October 19, 2023

Liquidity Preference Theory with Graphs
Definitions Managing the economy

Liquidity Preference Theory with Graphs

Published on October 16, 2023

An image of a steel mill.
Definitions Labour markets Competitive markets

Factor Market: A Comprehensive Guide

Published on October 13, 2023

Disadvantages of Market Economy
Definitions Competitive markets Managing the economy

Disadvantages of Market Economy

Published on October 10, 2023

Newer Posts
Page 14 of 22
Older Posts
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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Users may be able to pay free demo versions of video games, but have to pay to access all features.
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