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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
What is Monetarism?
Definitions Managing the economy

What is Monetarism?

Published on June 09, 2024

Kinked Demand Curve
Definitions Competitive markets

Kinked Demand Curve

Published on June 06, 2024

Inferior Commodity
Definitions Business economics

Inferior Commodity

Published on June 05, 2024

Equilibrium Quantity
Definitions Competitive markets

Equilibrium Quantity

Published on June 04, 2024

Considerations in Changing Succession Laws Globally

Considerations in Changing Succession Laws Globally

Published on May 30, 2024

Contagion Meaning in Economics
Definitions Global economics

Contagion Meaning in Economics

Published on May 29, 2024

Deindustrialisation
Definitions Global economics

Deindustrialisation

Published on May 29, 2024

Hedging Definition
Definitions Forex Trading

Hedging Definition

Published on May 27, 2024

Predatory Pricing
Definitions Competitive markets

Predatory Pricing

Published on May 23, 2024

Marginal Propensity to Save (MPS)
Definitions Managing the economy

Marginal Propensity to Save (MPS)

Published on May 17, 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.
The Gig Economy and the Disintegration of the Traditional Labor Contract
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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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