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Consignment stores and online clothing resale sites are part of circular markets for used goods.

The Resale Economy: From Fast Fashion to Circular Markets

Many young consumers are beginning to look at circular markets for gently used clothing instead of relying on mass-produced, disposable "fast fashion." What are the economic incentives behind using circular markets to buy secondhand goods?...
5 min read
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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

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

An image of a herd of sheep.
Behavioural economics Definitions

Herding Psychology and Economics

Published on July 31, 2024

A close-up of hands opening a wallet with visible cards inside against a blurred background.
Definitions Behavioural economics

Loss Aversion Definition

Published on July 24, 2024

Irrational Exuberance Meaning
Definitions Behavioural economics

Irrational Exuberance Meaning

Published on June 30, 2024

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A suited man with a bag on his head labeled "TAX" points towards the viewer against a mint green background.

7 Common Tax Mistakes That American Expats Make and How to Avoid Them

Just because you move to another country doesn’t mean Uncle Sam forgets about you. Unlike most countries, the US taxes its citizens no matte...
5 min read

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When consumers can make more small transactions instead of single large transactions, they tend to spend more money overall.
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Thanks to the Internet, consumers share tremendous volumes of personal data with sellers, sometimes without realizing it.
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Digital nomad visas can allow remote workers to live in other countries, bringing in revenue but straining local communities.
The Rise of Digital Nomad Visas: Talent Arbitrage in Real Time
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