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Online gamers can spend significant sums of money through in-game purchases, raising questions about behavioral nudges and gaming.

The Free-to-Play Game Economy: Selling Pixels for Billions

Today's gamers can make purchases within video games themselves, buying lives, equipment, appearance packages, etc. How much economic impact does this online market have, and should we be concerned about the potential for online gaming addiction?...
5 min read
Gold mining machinery at night in a desert setting with base camp light bright in the background.
Competitive markets Business economics Definitions

Path Dependence and Lock-In: How SAP Shapes the Economics of Gold and Precious Metals Firms

Published on July 02, 2024

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Behavioural economics Competitive markets Business economics

Spatial Economics and Hyper-Local SEO: Proximity as a Market Differentiator

Published on June 28, 2024

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Behavioural economics Business economics Crypto

The Innovator’s Dilemma: Why Legacy Firms Like VistaPrint Must Reinvent to Survive

Published on June 28, 2024

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Business economics Behavioural economics Competitive markets Definitions Information Failure Managing the economy

Excess Capacity and Market Fragmentation: Why So Many Trading Platforms Exist

Published on June 28, 2024

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Behavioural economics Business economics Competitive markets Factors of production Global economics

Platform Economics and Modularity: How Composable Tools Are Reshaping Enterprise Software

Published on June 28, 2024

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Behavioural economics Business economics Competitive markets Factors of production Managing the economy Labour markets

Labor Market Polarization: AI and the Reshaping of the Video Editing Industry

Published on June 25, 2024

Two screen and two keyboards with trading graphs.
Behavioural economics Business economics Definitions Forex Trading

Behavioral Economics and the Scalping Illusion: How Overconfidence Fuels the Market for Dubious Forex Trading Strategies

Published on June 25, 2024

Variable Cost Definition
Definitions Business economics

Variable Cost Definition

Published on June 23, 2024

Trade-Off in Economics
Definitions Business economics

Trade-Off in Economics

Published on June 23, 2024

Economies of Scope
Definitions Business economics

Economies of Scope

Published on June 19, 2024

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Thousands of content creators post daily on YouTube, TikTok, and other social media sites in hopes of "going viral."

The Economics of “Going Viral”: Attention as a Scarce Resource

They say that everyone wants to be famous. Today, virtually anyone can, thanks to social media. However, there are high costs of trying to master the algorithms to create the most desirable content. What are the economic costs and benefits of trying to "go viral" online?...
4 min read

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