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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
Producer Surplus Equation
Definitions Competitive markets

Producer Surplus Equation

Published on December 12, 2024

Evaluating the France Très Haut Débit Plan: Achievements, Challenges, and Future Prospects
Global economics

Evaluating the France Très Haut Débit Plan: Achievements, Challenges, and Future Prospects

Published on December 10, 2024

Analysis of Productivity and Growth Disparities Between the United States and Europe (2010–2023)
Managing the economy

Analysis of Productivity and Growth Disparities Between the United States and Europe (2010–2023)

Published on December 09, 2024

Picture of a man's hand putting a piece of puzzle down.
Definitions Behavioural economics

Exploring the Paradox of Value

Published on December 08, 2024

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Global economics

Diverging Inflation Dynamics: A Comparative Analysis of the Eurozone and the United States

Published on December 07, 2024

Picture of monopoly houses on sheets of paper with graphs
Definitions Business economics

Proportional Tax

Published on December 06, 2024

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Global economics Managing the economy Definitions

The Evolution and Challenges of the Circular Economy: From Utopia to Reality

Published on December 05, 2024

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Global economics Managing the economy

Transition Risk: Navigating the Financial Implications of Climate Mitigation Strategies

Published on December 04, 2024

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Definitions Business economics

Privatisation Definition

Published on December 03, 2024

Stone statue of Yen currency symbol.
Definitions Forex Trading

Yen Carry Trade

Published on December 02, 2024

Newer Posts
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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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