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Bounded Rationality and Behavioral Frictions: Why Simple Digital Tools Outcompete “Built-In” Features

Bounded rationality explains why users choose simple tools like ROI calculators over complex built-in features....
4 min read
The CMA
Business economics

The CMA

Published on January 20, 2020

Regulation and competition policy
Business economics

Regulation and competition policy

Published on January 20, 2020

Barriers to entry
Business economics

Barriers to entry

Published on January 20, 2020

Contestable markets
Business economics

Contestable markets

Published on January 20, 2020

Price discrimination - example
Business economics

Price discrimination - example

Published on January 20, 2020

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

Newer Posts
Page 170 of 183
Older Posts
When you are shopping online, is the seller using psychological tricks to manipulate you into buying more?

Dark Patterns and the Economics of Consumer Mistakes

Almost all of us have experienced websites using various strategies and gimmicks to urge us to buy more stuff. This is known as the use of dark patterns to take advantage of human psychology. What are the economic ramification of widespread ecommerce use of dark patterns?...
4 min read

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