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It seems like everyone is glued to their phones these days...probably because app creators know how to make their sites addictive!

Attention Markets and the Allocation of Cognitive Scarcity

The rapid rise of the smartphone, social media, and streaming entertainment have created more competition for our attention than ever before. Who wants our attention, and why? Are there any potential economic harms to our attentions being so divided among productivity and entertainment?...
4 min read
Movements and shifts in demand and supply curves
Definitions

Movements and shifts in demand and supply curves

Published on January 28, 2020

Moral Hazard
Definitions Information Failure Behavioural economics

Moral Hazard

Published on January 28, 2020

Monopoly
Definitions

Monopoly

Published on January 28, 2020

Monetary policy committee
Definitions

Monetary policy committee

Published on January 28, 2020

Monetary policy
Definitions

Monetary policy

Published on January 28, 2020

Definition of Minimum Price
Definitions

Definition of Minimum Price

Published on January 28, 2020

Merit good
Definitions

Merit good

Published on January 28, 2020

Maximum price
Definitions

Maximum price

Published on January 28, 2020

Maximax and maximin
Definitions

Maximax and maximin

Published on January 28, 2020

Market failure
Definitions

Market failure

Published on January 28, 2020

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Stacks of documents secured with large black binder clips are arranged on a desk, with a blurred keyboard and calculator in the background.

Transaction Cost Economics and Why Businesses File Dormant Company Accounts

Sometimes a business will continue to be registered even though it is not actively trading. This could be seen mainly as an administrative d...
4 min read

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