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Modern technology and algorithms will likely lead to increased dynamic prices in tickets for sports and entertainment.

Dynamic Pricing in Sports and Entertainment

Over the past decade, dynamic pricing has expanded as we purchase everything from food to transportation to entertainment online. When variables change around us, sellers can raise or lower prices to maximize revenue given our fluctuating demand. Is this ethical?...
4 min read
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Behavioural economics Business economics Competitive markets

Information Asymmetry and the Rise of Expat-Focused Real Estate Brokerages

Published on June 13, 2025

Image of a beautiful cathedral in Spain.
Behavioural economics Competitive markets Business economics

How Purchasing Power Parity Explains the Boom in International Retirement Services

Published on May 15, 2025

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Business economics Behavioural economics

Creative Destruction and the Rise of Physical-Digital Advertising: How Innovation is Shifting Back to the Real World

Published on March 01, 2025

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Behavioural economics Managing the economy

The Principle of Market Competition: Retail Investors Venturing into Complex Trading Sectors

Published on February 04, 2025

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Competitive markets Behavioural economics

Price Discrimination in the Airline Industry: A Study of Dynamic Pricing Strategies

Published on January 30, 2025

Picture of a shopping center at night.
Behavioural economics

The Behavioral Economics of Everyday Choices: Why We Spend, Save, and Splurge

Published on January 07, 2025

Man sitting on a scooter looking at his phone
Behavioural economics Business economics Competitive markets

The Gig Economy Revolution: Freedom or Precarity?

Published on December 29, 2024

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Definitions Behavioural economics

Exploring the Paradox of Value

Published on December 08, 2024

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Definitions Behavioural economics

Broken Window Fallacy

Published on November 18, 2024

A hand holding rolled dollar bills with a blurred background of trees.
Behavioural economics

Why Americans Are Living Paycheck to Paycheck: The Financial Reality Behind Low Savings

Published on November 16, 2024

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Older Posts
What caused the rapid rise of Airbnb and Vrbo (short-term rental market) as rivals to hotels and motels?

The Economics of Short-Term Rentals vs. Hotels

Most consumers are familiar with the popular short-term rental apps Airbnb and Vrbo. What caused their rapid rise in the vacation market? Why has that market cooled in recent years, swinging demand back to hotels?...
4 min read

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