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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
Questions on labour markets
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Questions on labour markets

Published on January 29, 2020

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Regulation

Published on January 29, 2020

Questions on economies and diseconomies of scale
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Questions on economies and diseconomies of scale

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Questions on price discrimination
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Questions on price discrimination

Published on January 29, 2020

Questions on monopoly
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Questions on monopoly

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Questions on game theory
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Questions on game theory

Published on January 29, 2020

Oligopoly - Questions & Answers
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Oligopoly - Questions & Answers

Published on January 29, 2020

Questions on monopolistic competition
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Questions on monopolistic competition

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Questions on perfect competition
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Questions on perfect competition

Published on January 29, 2020

Profits
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Profits

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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