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Cryptocurrency owners can engage in decentralized finance (DeFi) by lending out their crypto through automated lending pools.

Decentralized Finance (DeFi) and the Future of Banking

Rather than applying for a loan through a bank, you can automatically borrow cryptocurrency online by putting up an equal or greater amount of collateral. This is decentralized finance (DeFi), and is a growing part of the finance industry....
5 min read
Two windmills on a hilltop with a scenic background of mountains, a lake, and a sunset sky.
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

Tall electricity pylons with wires stretching across the landscape against a vibrant pink and purple sunset sky.
Definitions Behavioural economics

Expected Utility Theory

Published on October 31, 2024

A 3D visualization of a neural network or abstract brain structure made of interconnected nodes and lines.
Definitions Behavioural economics

Network Effects: A Detailed Guide

Published on October 28, 2024

A person playing a game in a handy device.
Definitions Behavioural economics

The Economics of Microtransactions

Published on October 18, 2024

Workers at their desk
Behavioural economics Definitions Business economics Factors of production

Frictional Unemployment

Published on October 17, 2024

Exploring PharmaZee's Economic Impact when Buying Compounded Semaglutide Online
Behavioural economics

Exploring PharmaZee's Economic Impact when Buying Compounded Semaglutide Online

Published on October 04, 2024

Exploring PharmaZee's Economic Impact when Buying Compounded Semaglutide Online
Behavioural economics

Exploring PharmaZee's Economic Impact when Buying Compounded Semaglutide Online

Published on October 02, 2024

Black screen with lines of code on it.
Behavioural economics Business economics Competitive markets

Bayesian Quality Economics: Value of Information & Optimal Thresholds

Published on September 02, 2024

A photo of a man taking picture of a tarmac from a airline terminal.
Behavioural economics Business economics Competitive markets

Platforms, Complements, and Two-Sided Markets: How Airline Stopovers Fuel Urban Micro-Tourism

Published on August 20, 2024

A man holding a pen, writing at a desk.
Behavioural economics

Sanford Schmidt and the Economics of Trust in an Automated Wealth Management Era

Published on August 17, 2024

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Shoppers outside of a store of a well-known luxury brand that counts as a Veblen good, meaning popularity increases as price increases.

The Economics of Social Status: Why We Pay More for Less

Veblen goods are luxury goods that violate the Law of Demand, which states that quantity demanded of a good falls as price rises. Veblen goods actually become more popular as prices increase. Why is this the case? Can the purchase of such goods be reasonable?...
5 min read

Recent Post

Could sophisticated AI software quickly determine the maximum you would pay for any item, and charge you accordingly?
Surge Pricing in the Age of AI: Fairness or Exploitation?
August 29, 2025
A sign signaling the pick-up location for ride share drivers, who are a major component of the gig economy.
The Gig Worker’s Dilemma: Flexibility vs. Stability
August 26, 2025
Online gamers can spend significant sums of money through in-game purchases, raising questions about behavioral nudges and gaming.
The Free-to-Play Game Economy: Selling Pixels for Billions
August 26, 2025

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