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Cryptocurrency owners can engage in decentralized finance (DeFi) by lending out their crypto through automated lending pools.

Decentralized Finance (DeFi) and the Future of Banking

Rather than applying for a loan through a bank, you can automatically borrow cryptocurrency online by putting up an equal or greater amount of collateral. This is decentralized finance (DeFi), and is a growing part of the finance industry....
5 min read
Business economics

Complex monopolies

Published on January 20, 2020

Cartels
Business economics

Cartels

Published on January 20, 2020

Natural monopolies
Business economics

Natural monopolies

Published on January 20, 2020

Price discrimination
Business economics

Price discrimination

Published on January 20, 2020

Monopoly
Business economics

Monopoly

Published on January 20, 2020

Pricing options
Business economics

Pricing options

Published on January 20, 2020

John Nash - Nash equilibrium
Business economics

John Nash - Nash equilibrium

Published on January 20, 2020

Game Theory
Business economics

Game Theory

Published on January 20, 2020

A lone building representing oligopoly dominance in a market
Business economics

Oligopoly

Published on January 20, 2020

Monopolistic competition
Business economics Right Rail

Monopolistic competition

Published on January 17, 2020

Newer Posts
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Shoppers outside of a store of a well-known luxury brand that counts as a Veblen good, meaning popularity increases as price increases.

The Economics of Social Status: Why We Pay More for Less

Veblen goods are luxury goods that violate the Law of Demand, which states that quantity demanded of a good falls as price rises. Veblen goods actually become more popular as prices increase. Why is this the case? Can the purchase of such goods be reasonable?...
5 min read

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Could sophisticated AI software quickly determine the maximum you would pay for any item, and charge you accordingly?
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A sign signaling the pick-up location for ride share drivers, who are a major component of the gig economy.
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Online gamers can spend significant sums of money through in-game purchases, raising questions about behavioral nudges and gaming.
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