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Your airline ticket price can vary considerably based on time of purchase and amount of baggage.

Why Airline Ticket Prices Fluctuate: Understanding Dynamic Pricing Strategies

Airlines engage heavily in dynamic pricing, where the price is adjusted based on timing of purchase and other factors, ranging from peak travel times to last-minute attempts to fill empty seats. Add tiered memberships and baggage fees, and prices can vary considerably....
5 min read
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Competitive markets Behavioural economics Business economics

Interest Rate Parity: The Economic Principle That Anchors Currency Values

Published on April 22, 2024

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Behavioural economics Business economics Competitive markets

Market Efficiency and the Role of Technology in Transforming the Tourism Industry

Published on April 22, 2024

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Behavioural economics Business economics Managing the economy

Path Dependence in Finance Education: Why Curriculum Change Lags Behind Market Innovation

Published on April 20, 2024

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Competitive markets Behavioural economics Business economics

Incentives Matter: How Academic Economists Respond to the Market of Ideas

Published on April 19, 2024

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Behavioural economics Managing the economy Crypto Business economics

Applying the Efficient Frontier: How Diversification Enhances Crypto’s Role in Modern Portfolios

Published on April 19, 2024

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Behavioural economics Business economics

Marginal Cost and Marginal Benefit in Digital Advertising: How Ad Format Choices Reflect Core Economic Principles

Published on March 31, 2024

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Behavioural economics

Creative Destruction in Action: How Adobe’s DIY Tools Reflect Schumpeter’s Economic Principle

Published on March 29, 2024

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Behavioural economics

Economic Efficiency and Inventory Turnover: How Grocery Stores Use Just-in-Time (JIT) Systems to Reduce Costs and Waste

Published on March 27, 2024

Smartphone with BTC chart on a black textured background.
Behavioural economics Business economics

Liquidity Preference Theory and the High Cost of Instant Bitcoin Purchases

Published on March 25, 2024

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Behavioural economics

Meme Coin Presales and the Greater Fool Theory: A Speculative Bubble in the Making

Published on March 23, 2024

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A Zoom or Google Meet video meeting showing many participants on a person's laptop computer.

The Economics of Remote Work: How Labor Markets Are Adjusting to the Post-Pandemic World

Since the start of the Covid pandemic, a significant portion of white collar workers in the West have been working remotely. As companies and governments want workers to return to the office, a labor force debate has erupted over remote work....
5 min read

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Users may be able to pay free demo versions of video games, but have to pay to access all features.
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Today, many customers can use Buy Now, Pay Later (BNPL) services with zero interest due.
Buy Now, Pay Later and the New Consumer Debt Cycle
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Fast food restaurants with electronic menus have the ability to change prices rapidly, known as surge pricing.
Surge Pricing and the Ethics of Real-Time Markets
April 19, 2025

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