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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
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Managing the economy

Economic Diversification and the Reincarnation of Saudi Arabia

Published on December 01, 2024

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Factors of production

Economics as a Pillar of Public Health: Addressing R&D Imbalances Through Public-Private Partnerships

Published on November 30, 2024

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Managing the economy

The Evolution of Public Debt in a Changing Economic Landscape

Published on November 29, 2024

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Market Failure

The Economic Impact of Geopolitical Risk: Insights from the War in Ukraine

Published on November 28, 2024

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Global economics Crypto

The Emergence and Potential of Zero-Knowledge Proofs in Blockchain Technology

Published on November 27, 2024

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Forex Trading Managing the economy

What Caused the Stock Market Crash of 1929?

Published on November 26, 2024

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Definitions Business economics

Collective Bargaining Definition

Published on November 25, 2024

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Definitions Managing the economy

Expansionary Fiscal Stance

Published on November 24, 2024

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Economic Impact of Business Planning Mistakes: Market Assumptions and Forecasting Errors

Published on November 23, 2024

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Definitions Business economics

Cheapening of Electronic Products

Published on November 22, 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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