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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
Fence and sign with the word "Privat" written on it.
Definitions Business economics

Privatisation Definition

Published on December 03, 2024

Two hands doing a handshake.
Definitions Business economics

Collective Bargaining Definition

Published on November 25, 2024

Black headphones on a yellow background.
Definitions Business economics

Cheapening of Electronic Products

Published on November 22, 2024

Image of a warehouse well ordered and neat.
Business economics Competitive markets Behavioural economics Global economics

Modular Capital and the Fragmentation of Industrial Demand: Economies of Scale vs. Economies of Scope

Published on November 22, 2024

Light industrial machinery printing simple electronics.
Business economics Competitive markets Global economics Managing the economy

Lower Entry Barriers: Used Machinery and Small-Firm Formation

Published on November 21, 2024

Four skyscraper taken from the ground floor looking up, in black and white
Behavioural economics Business economics Competitive markets

Information Asymmetry and the Demand for Cross-Border Accounting Expertise

Published on November 15, 2024

Regulatory Arbitrage and the Geography of Online Credit
Business economics Behavioural economics Competitive markets

Regulatory Arbitrage and the Geography of Online Credit

Published on November 15, 2024

Image of four hands each holding dollar bills.
Definitions Business economics

Gross Wages vs. Net Wages

Published on November 14, 2024

Two windmills on a hilltop with a scenic background of mountains, a lake, and a sunset sky.
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

Cell towers in twilight.
Behavioural economics Business economics Competitive markets Managing the economy Information Failure

Anonymity, Information Asymmetry, and State Capacity

Published on October 31, 2024

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Today, most consumers get their digital entertainment through monthly subscriptions.  Will this model last?

Subscription Economies and the Rebundling of Consumer Demand

Over the past two decades, our electronic entertainment has evolved from individual unit purchases to monthly streaming subscriptions. Why has this system evolved, and will it remain popular for the next two decades?...
4 min read

Recent Post

We all have the same 24 hours in a day, meaning our attention is a valuable asset to advertisers!
Attention Markets and the Economics of Time Scarcity
January 18, 2026
When you purchase a new digital product, does your usage data from your old product transfer seamlessly to the new one?
Data Portability and Competition Policy in Digital Markets
January 17, 2026
The Covid pandemic created the remote work revolution and allowed urban workers to take their city wages to the suburbs.
Remote Work and the Geography of Wages
January 17, 2026

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