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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
Female holding a tablet with the word "Blockchain" on a blue background.
Behavioural economics Business economics

Time Preference and Hyperbolic Discounting: Understanding Credit Card Bitcoin Purchases

Published on March 13, 2024

Photograph of buildings on Wall Street
Behavioural economics

Private Wealth Management and Risk Perception: A Prospect Theory Perspective

Published on March 11, 2024

A neon sign that reads "PSYCHIC"
Behavioural economics Competitive markets Business economics Information Failure

The Economics of Credence Goods: How Unverifiable Services Thrive in Modern Markets

Published on March 10, 2024

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

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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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Want to rent a house for a weekend getaway?  Customers get convenience, but there are risks!
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