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Many restaurants on delivery apps like Door Dash and Uber Eats are actually ghost kitchens without storefronts.

The Gig Economy of Cloud Kitchens

When you open a food delivery app for a meal brought straight to you, do you ever see brand you don't recognize? These are likely ghost kitchens, which exist without storefronts. How do they operate, and why have they become so popular over the last decade?...
4 min read
How is Behavioral Economics Different From Classical Economics?
Behavioural economics

How is Behavioral Economics Different From Classical Economics?

Published on July 06, 2020

Explaining The Stock Market Boom During A Pending Recession
Market failures Behavioural economics

Explaining The Stock Market Boom During A Pending Recession

Published on June 19, 2020

Subsidy
Definitions Behavioural economics Business economics Competitive markets Factors of production Information Failure

Subsidy

Published on January 29, 2020

Pigouvian Tax
Definitions Behavioural economics Business economics Competitive markets Global economics Information Failure

Pigouvian Tax

Published on January 29, 2020

Moral Hazard
Definitions Information Failure Behavioural economics

Moral Hazard

Published on January 28, 2020

Marginal Propensity to Consume
Definitions Behavioural economics Business economics Managing the economy

Marginal Propensity to Consume

Published on January 28, 2020

Income Effect
Definitions Behavioural economics

Income Effect

Published on January 28, 2020

Diseconomies of Scale
Business economics Factors of production Definitions Behavioural economics

Diseconomies of Scale

Published on January 17, 2020

Criticisms of Behavioral Economics
Behavioural economics

Criticisms of Behavioral Economics

Published on January 17, 2020

Paternalism and the Role of Government
Behavioural economics

Paternalism and the Role of Government

Published on January 17, 2020

Newer Posts
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Many workers are "quiet quitting" today, meaning they perform the bare minimum at work but refuse to leave the job.

The Economics of Quiet Quitting: Labor Supply Meets Workplace Incentives

In recent years, the phenomenon of "quiet quitting" has risen among younger Millenial and Gen Z workers. They don't leave dissatisfying jobs, but instead resort to doing the bare minimum. What has happened, and why?...
4 min read

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