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Many consumers purchase multiple Internet subscription services and forget to cancel ones they no longer use.

Buy It Now, Pay Forever? The Economics of Subscription Overload

Many consumers purchase several subscription services and fail to properly budget for them, leading to broken budgets. How does "subscription overload" affect our budgeting and spending, and why do firms push subscription models so heavily?...
6 min read
Understanding consumer sovereignty
Competitive markets Behavioural economics Definitions Managing the economy

Understanding consumer sovereignty

Published on June 07, 2021

What Is a Duopoly?
Competitive markets Definitions Managing the economy

What Is a Duopoly?

Published on June 07, 2021

Understanding the laffer curve
Managing the economy Definitions Global economics

Understanding the laffer curve

Published on June 04, 2021

ISA allowance for 2022/23: Everything you need to know
Managing the economy

ISA allowance for 2022/23: Everything you need to know

Published on May 12, 2021

What Is Leverage Ratio?
Managing the economy Definitions

What Is Leverage Ratio?

Published on April 25, 2021

Who Is to Blame When Fuel Prices Rise Dramatically?
Managing the economy

Who Is to Blame When Fuel Prices Rise Dramatically?

Published on April 08, 2021

How to Start Online Trading in 4 Simple Steps
Managing the economy

How to Start Online Trading in 4 Simple Steps

Published on January 30, 2021

The Impact Of Education On Economic Growth
Managing the economy

The Impact Of Education On Economic Growth

Published on December 28, 2020

Explaining The K-Shaped Economic Recovery from Covid-19
Uncategorized Business economics Managing the economy Market failures

Explaining The K-Shaped Economic Recovery from Covid-19

Published on November 03, 2020

Largest Retail Bankruptcies Caused By 2020 Pandemic
Market failures Business economics Managing the economy

Largest Retail Bankruptcies Caused By 2020 Pandemic

Published on October 13, 2020

Newer Posts
Page 16 of 26
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When consumers can make more small transactions instead of single large transactions, they tend to spend more money overall.

Microtransactions and the Psychology of Spending

Psychology helps explain why consumers are likely to spend more money in total when they can make many small transactions instead of fewer large transactions. Why is this the case, and what can consumers do to limit overspending?...
5 min read

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