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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
Quiz - Introduction to economics
Quiz

Quiz - Introduction to economics

Published on January 31, 2020

Quiz - Trade and the balance of payments
Quiz

Quiz - Trade and the balance of payments

Published on January 29, 2020

Quiz - taxes and subsidies
Quiz

Quiz - taxes and subsidies

Published on January 29, 2020

Quiz - the measurement of national income
Quiz

Quiz - the measurement of national income

Published on January 29, 2020

Quiz - equilibrium national income
Quiz

Quiz - equilibrium national income

Published on January 29, 2020

Quiz - Monetary Policy
Quiz

Quiz - Monetary Policy

Published on January 29, 2020

Quiz - Fiscal Policy
Quiz

Quiz - Fiscal Policy

Published on January 29, 2020

Quiz - contestability and efficiency
Quiz

Quiz - contestability and efficiency

Published on January 29, 2020

Quiz - price determination
Quiz

Quiz - price determination

Published on January 29, 2020

Quiz - perfect competition and monopolistic competition
Quiz

Quiz - perfect competition and monopolistic competition

Published on January 29, 2020

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Older Posts
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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