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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
Dollar bills with sharpie markers written on them.
Definitions Managing the economy Global economics

Expansionary Monetary Policy

Published on December 17, 2024

Examples of Threats in SWOT Analysis
Definitions Business economics

Examples of Threats in SWOT Analysis

Published on December 16, 2024

The Shift to Electric Vehicles: Europe’s Strategic Challenges and Opportunities
Global economics Managing the economy

The Shift to Electric Vehicles: Europe’s Strategic Challenges and Opportunities

Published on December 15, 2024

Systemic Economic Risks of High-Frequency Trading
Managing the economy

Systemic Economic Risks of High-Frequency Trading

Published on December 15, 2024

Emerging Professions and the Future of Work: Navigating Transformation

Emerging Professions and the Future of Work: Navigating Transformation

Published on December 15, 2024

Enhancing Tax Fraud Detection: An AI-Driven Framework for Operational Implementation
Information Failure Managing the economy

Enhancing Tax Fraud Detection: An AI-Driven Framework for Operational Implementation

Published on December 15, 2024

Saudi Arabia’s Strategic Pursuit of Mineral Resources and Regional Influence
Global economics

Saudi Arabia’s Strategic Pursuit of Mineral Resources and Regional Influence

Published on December 14, 2024

The 1973 Oil Crisis and Shell's Scenario Planning
Business economics

The 1973 Oil Crisis and Shell's Scenario Planning

Published on December 14, 2024

Introduction to BRICS+: Economic and Political Evolution
Global economics

Introduction to BRICS+: Economic and Political Evolution

Published on December 14, 2024

Energy and Environmental Implications of Artificial Intelligence
Managing the economy

Energy and Environmental Implications of Artificial Intelligence

Published on December 14, 2024

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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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