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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
Productive Efficiency
Definitions Managing the economy Competitive markets

Productive Efficiency

Published on July 06, 2023

Capital Flight
Definitions Global economics Managing the economy

Capital Flight

Published on July 06, 2023

Horizontal Integration
Definitions Business economics

Horizontal Integration

Published on July 05, 2023

Pros and Cons of Capitalism
Definitions Managing the economy Business economics

Pros and Cons of Capitalism

Published on July 03, 2023

GDP Deflator - Formula, Calculation and Importance
Definitions Managing the economy

GDP Deflator - Formula, Calculation and Importance

Published on June 30, 2023

Global Cyber Security Sector Grows Aggressively With the Advent of AI

Global Cyber Security Sector Grows Aggressively With the Advent of AI

Published on June 30, 2023

Bounded Rationality
Definitions Behavioural economics

Bounded Rationality

Published on June 25, 2023

The Kuznets Curve
Definitions Managing the economy

The Kuznets Curve

Published on June 19, 2023

Supply and Demand Curves Explained
Competitive markets Definitions Business economics

Supply and Demand Curves Explained

Published on June 16, 2023

New Economics Frontiers: Build In-Game Economics

New Economics Frontiers: Build In-Game Economics

Published on June 16, 2023

Newer Posts
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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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