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Digital Payments and the Vanishing Role of Cash

Digital Payments and the Vanishing Role of Cash

Today, most consumers rarely use cash at all and rely solely on credit cards, debit cards, or digital payment apps on their smartphones. What are the economic implications of becoming a cashless society?...
5 min read
Managing the economy

AS_answer

Saddique Ansari • February 04, 2019 • 1 min read

Author bio

PRICE
LEVEL
CONSUMER
GOODS
CAPITAL
GOODS
PUBLIC
GOODS
GOODS
FOR EXPORT
AS
200 502 70 50 78 700
180 500 70 50 80 700
160 498 70 50 82 700
140 479 67 50 84 680
120 460 65 50 86 660
100 412 50 50 88 600
80 0 0 10 90 100

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Can customer reviews on Google, Amazon, Walmart, Target, and other sites replace the need for some government regulations?

Platform Ratings as Informal Regulation

Today, consumers can get tremendous volumes of information about the products they want to buy, thanks to online reviews. Could customer reviews reduce the need for government regulation? What are the economic effects of the myriad of online reviews out there for every good and service?...
4 min read

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