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Digital Payments and the Vanishing Role of Cash

Digital Payments and the Vanishing Role of Cash

Today, most consumers rarely use cash at all and rely solely on credit cards, debit cards, or digital payment apps on their smartphones. What are the economic implications of becoming a cashless society?...
5 min read
Two people working on a laptop, one hand pointing at the screen.
Business economics Behavioural economics Competitive markets

Bundling Theory and Complementarity: How Value Is Created Beyond the Core Product

Published on January 15, 2025

Man sitting on a scooter looking at his phone
Behavioural economics Business economics Competitive markets

The Gig Economy Revolution: Freedom or Precarity?

Published on December 29, 2024

Windfarm at dusk on a green hillside.
Behavioural economics Business economics Competitive markets

Externalities and Pigouvian Policy: Pricing the Full Social Cost of Green Energy in Europe

Published on December 27, 2024

Bundled cardboard boxes with blue tape over them
Behavioural economics Business economics Competitive markets

Economies of Scale and the Socialization of Fixed Costs: Why Size No Longer Belongs Only to Firms

Published on December 25, 2024

Examples of Threats in SWOT Analysis
Definitions Business economics

Examples of Threats in SWOT Analysis

Published on December 16, 2024

The 1973 Oil Crisis and Shell's Scenario Planning
Business economics

The 1973 Oil Crisis and Shell's Scenario Planning

Published on December 14, 2024

Picture of monopoly houses on sheets of paper with graphs
Definitions Business economics

Proportional Tax

Published on December 06, 2024

Orange toy bot sitting on the edge of a desk with post its behind it.
Behavioural economics Business economics Competitive markets

Long Tail of AI Services: When Every Micro-Niche Gets a Bot — An Application of Long-Tail Markets & Love-of-Variety Economics

Published on December 05, 2024

AI Robot at an abstract desk with a blue laptop open.
Behavioural economics Business economics Competitive markets

Global Wage Arbitrage vs. Algorithmic Arbitrage: How AI Rewrites Comparative Advantage in the Homework Economy

Published on December 05, 2024

Photo of hand holding a smartphone with text "eSIM" on a yellow background.
Behavioural economics Business economics Competitive markets

eSIM Platforms, Roaming, and the Erosion of National Telecom Rents: Market Integration & Platform Economics in Action

Published on December 04, 2024

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Older Posts
Can customer reviews on Google, Amazon, Walmart, Target, and other sites replace the need for some government regulations?

Platform Ratings as Informal Regulation

Today, consumers can get tremendous volumes of information about the products they want to buy, thanks to online reviews. Could customer reviews reduce the need for government regulation? What are the economic effects of the myriad of online reviews out there for every good and service?...
4 min read

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The high costs of data centers has limited the expansion of AI for now, creating an oligopoly market.
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We all have the same 24 hours in a day, meaning our attention is a valuable asset to advertisers!
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When you purchase a new digital product, does your usage data from your old product transfer seamlessly to the new one?
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