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To get our entertainment today, most of us purchase subscriptions to digital streaming services.

The Subscription Boom: How Predictable Revenue Is Changing Consumer Markets

Many online companies have evolved from selling individual units of service to subscription models that allow subscribers access to a range of materials. Why has this evolved, and what are the benefits and drawbacks?...
5 min read
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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

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Behavioural economics Business economics Competitive markets Factors of production

Navigating the Learning Curve: Why AI Helper Firms Thrive in Early-Stage Markets

Published on June 08, 2024

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Business economics Competitive markets Factors of production

Comparative Advantage and the Rise of B2B AI & ML Development Services

Published on May 29, 2024

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Behavioural economics Factors of production Global economics

How Comparative Advantage Is Driving the Outsourcing of Fintech Development

Published on May 16, 2024

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Business economics Behavioural economics Factors of production

Transaction Cost Economics and the Evolution of ERP Software Development

Published on March 13, 2024

Scarcity in Economics
Definitions Factors of production

Scarcity in Economics

Published on February 18, 2024

Isoquant Curves Simplified
Definitions Factors of production

Isoquant Curves Simplified

Published on September 11, 2023

Law of Diminishing Returns
Definitions Factors of production

Law of Diminishing Returns

Published on August 16, 2023

Understanding the Supply Shifters
Definitions Business economics Factors of production

Understanding the Supply Shifters

Published on May 17, 2023

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Competitive markets Definitions Factors of production Market Failure Market failures Information Failure Behavioural economics

Allocative Efficiency

Published on March 05, 2023

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NFTs of "Bored Apes" became a pop culture phenomenon in 2021, selling for many thousands of dollars.

The Rise of Digital Scarcity: Economics of NFTs and Tokenized Assets

Between 2017 and 2021, people bought digital assets known as NFTs - nonfungible tokens - for outrageous prices. Why? And why do they not command such prices anymore? A look at the rise and fall of NFTs and tokenized assets....
5 min read

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Cloud kitchens, also known as ghost kitchens, have no storefront and produce food entirely for takeout or delivery.
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