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Modern technology and algorithms will likely lead to increased dynamic prices in tickets for sports and entertainment.

Dynamic Pricing in Sports and Entertainment

Over the past decade, dynamic pricing has expanded as we purchase everything from food to transportation to entertainment online. When variables change around us, sellers can raise or lower prices to maximize revenue given our fluctuating demand. Is this ethical?...
4 min read
Answer zinc student
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Answer zinc student

Published on January 31, 2020

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Questions on CBA

Published on January 31, 2020

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Exchange Rate

Published on January 31, 2020

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Questions on global shocks

Published on January 31, 2020

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Questions on government failure

Published on January 31, 2020

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Questions on national income

Published on January 31, 2020

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Questions on taxation

Published on January 31, 2020

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Questions on vanilla prices

Published on January 31, 2020

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Published on January 30, 2020

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Questions on global economic problems

Published on January 29, 2020

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What caused the rapid rise of Airbnb and Vrbo (short-term rental market) as rivals to hotels and motels?

The Economics of Short-Term Rentals vs. Hotels

Most consumers are familiar with the popular short-term rental apps Airbnb and Vrbo. What caused their rapid rise in the vacation market? Why has that market cooled in recent years, swinging demand back to hotels?...
4 min read

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