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Foreign suppliers of resources and parts may be less expensive, but more vulnerable to risks.

Supply Chain Resilience and Comparative Advantage: Rethinking Global Trade After COVID-19

Since the Covid pandemic, many Western companies are looking to protect their supply chains from shutdowns and epidemics. Is it worth the higher per-unit cost to buy resources from more developed countries?...
5 min read
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Behavioural economics

The Economics of Luxury Car Rentals in Dubai: Analyzing the Experience Economy and Status Signaling

Published on March 22, 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

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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

Image of two broken windows against a brick wall.
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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Business economics Managing the economy Labour markets Behavioural economics Global economics

The Impact of Small, Highly Efficient, and Cheap Nuclear Reactors on Developed Economies: A Focus on Energy Costs and Transportation

Published on November 11, 2024

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Older Posts
Glowing digital signage at night

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

Advertising is shifting from digital-only to physical-digital, driven by Creative Destruction and new smart signage tech....
3 min read

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Man in white robe driving a rolls royce
The Economics of Luxury Car Rentals in Dubai: Analyzing the Experience Economy and Status Signaling
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Gold is a traditional hedge investment, but now is challenged by cryptocurrency.
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