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Firms want to capture your attention so they can advertise their goods and services to you, seeking more sales.

Attention Markets and the Allocation of Cognitive Scarcity

When you go online, your attention is highly coveted by advertisers. There are attention markets where firms pay considerable sums to capture consumers' attention for ads. What are the economic implications of these markets?...
4 min read
Image of an office phone, foreground is focuse
Factors of production Managing the economy Labour markets Market Failure

Labor Market Polarization and the Rise of the Virtual AI Agent for Sales Calls: An Application of Routine-Biased Technological Change

Published on July 26, 2024

Image of a computer screen displaying a program used for video editing.
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

Sign showing the word "silver" in various language
Behavioural economics Business economics Competitive markets Labour markets

How Nudge Theory Is Transforming Customer Loyalty Through Behavioral Economics

Published on April 28, 2024

Person working on multiple screens, engaged in coding.
Labour markets

The Principle of Comparative Advantage: Navigating the Shift to an A-La-Carte Workforce

Published on March 04, 2024

What is a NEET?
Definitions Labour markets

What is a NEET?

Published on December 13, 2023

An image of a steel mill.
Definitions Labour markets Competitive markets

Factor Market: A Comprehensive Guide

Published on October 13, 2023

Labour Arbitrage
Definitions Labour markets Global economics

Labour Arbitrage

Published on September 27, 2023

Binding Price Floor
Definitions Managing the economy Labour markets

Binding Price Floor

Published on July 31, 2023

Efficiency Wage Theory
Definitions Labour markets

Efficiency Wage Theory

Published on May 18, 2023

The Law of Unintended Consequences
Definitions Behavioural economics Labour markets Managing the economy

The Law of Unintended Consequences

Published on April 07, 2023

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SpaceX rocket in a large assembly hangar, showing engines and fuselage under bright industrial lighting.

Amazon vs SpaceX: Capital, Infrastructure, and the New Space Race

The $11.57 billion acquisition of Globalstar was more than just an expansion deal for Amazon — it was part of a broader investment strategy...
3 min read

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Workers in the gig economy have lots of flexibility regarding when and how much they work, but what about job and wage security?
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Operating systems and software suites are bundles of programs consolidated into one package.
Platform Envelopment and Predatory Bundling in Digital Markets
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Open source code is available to everyone, who can edit the code for their individual software needs.
The Economics of Open Source Software and Public Good Provision
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