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Algorithms are used by today's social media platforms to determine which posts we see.

The Economics of Algorithmic Curation in News and Media

Today, most social media platforms allow for continuous scrolling of content. Algorithms determine which posts and videos we see next, based on our past engagement. What are the economic implications of these algorithms determining what we see?...
5 min read
Four empty shopping trolleys lined up.
Definitions Managing the economy

Consumption Function

Published on November 05, 2024

Tall electricity pylons with wires stretching across the landscape against a vibrant pink and purple sunset sky.
Definitions Behavioural economics

Expected Utility Theory

Published on October 31, 2024

A row of vending machines with an elderly person using one of the machines.
Definitions Competitive markets

Substitutes Economics

Published on October 30, 2024

An image of a blank black price tag.
Definitions Competitive markets

Price Taker

Published on October 29, 2024

An image of person counting money.
Definitions Managing the economy

Disinflation Definition

Published on October 29, 2024

A 3D visualization of a neural network or abstract brain structure made of interconnected nodes and lines.
Definitions Behavioural economics

Network Effects: A Detailed Guide

Published on October 28, 2024

An image of a treasure box.
Global economics Definitions

Economic Ripple of Spanish Gold

Published on October 28, 2024

An image of different US dollar bills and coins.
Definitions Business economics

Real vs. Nominal in Economics

Published on October 25, 2024

Two mannequins displayed in a store window, with discount labels showing 30%, 50%, and 20% off.
Business economics Definitions

Penetration Pricing

Published on October 24, 2024

An image of a white bulb.
Definitions Competitive markets Factors of production

Economic Efficiency

Published on October 23, 2024

Newer Posts
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Older Posts
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

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