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Firms are often willing to pay for data that can help them boost revenue or streamline operations.

Data Pricing and the Economics of Information Markets

Companies are often willing to pay for data that can help them operate more efficiently and/or boost revenue through improved marketing. What are the economic implications and challenges of information markets?...
4 min read
Oligopoly
Definitions

Oligopoly

Saddique Ansari • January 29, 2020 • 1 min read

Author bio

Oligopoly – definition

An oligopoly is a firm in a given market with a few competitors. A market is oligopolistic if it is dominated by a few firms.


  • Application of game theory to oligopoly


  • Read the full analysis of oligopoly



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It seems like everyone is glued to their phones these days...probably because app creators know how to make their sites addictive!

Attention Markets and the Allocation of Cognitive Scarcity

The rapid rise of the smartphone, social media, and streaming entertainment have created more competition for our attention than ever before. Who wants our attention, and why? Are there any potential economic harms to our attentions being so divided among productivity and entertainment?...
4 min read

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