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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
A large curved screen in the background and a male hand holding a smart phone with the skype logo in blue.
Behavioural economics Competitive markets Business economics

Network Effects and the Retirement of Skype: Analyzing Microsoft's Strategic Shift and Its Market Implications

Published on March 07, 2024

Undustrial tubes seen from a top-down view.
Behavioural economics Business economics Competitive markets

The Risk-Reward Tradeoff in B2B Markets: How Fewer Clients Create Higher Volatility but Greater Margins

Published on March 04, 2024

Money Illusion
Definitions Behavioural economics

Money Illusion

Published on February 28, 2024

Smart phone with social media icons on the screen, laying on a piece of fabric.
Managing the economy Business economics Behavioural economics

Incentives and the Attention Economy: A Study in Supply and Demand

Published on February 10, 2024

Prospect Theory
Definitions Behavioural economics

Prospect Theory

Published on February 09, 2024

People standing in front of a floor to ceiling window with a city in the background.
Business economics Behavioural economics

Economies of Scale and the Rise of B2B Subscription Services: Why Selling to Businesses is a Profitable Growth Strategy

Published on February 03, 2024

Vintage radios on wooden shelves.
Behavioural economics

The Enduring Power of Legacy Tech Businesses: A Case Study in Economies of Scope

Published on January 31, 2024

Photograph of a hand handling coins inside of a wooden box.
Behavioural economics Managing the economy

The Ripple Effect of Microlending on Economic Growth: A Study Through the Lens of the Multiplier Effect

Published on January 20, 2024

Choice Architecture
Definitions Behavioural economics

Choice Architecture

Published on December 14, 2023

3d rendering of silicon computer chips with a cloud to symbolize cloud computing
Behavioural economics Global economics

The Rise of Cloud Hosting: Trends, Impacts, and the Role of Managed Services in Supporting a Data-Driven Economy

Published on December 10, 2023

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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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Fast food restaurants with electronic menus have the ability to change prices rapidly, known as surge pricing.
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