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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
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

Perfect competition
Definitions

Perfect competition

Published on January 17, 2020

Market structures
Business economics

Market structures

Published on January 17, 2020

Minimum efficient scale
Business economics

Minimum efficient scale

Published on January 17, 2020

Diseconomies of Scale
Business economics Factors of production Definitions Behavioural economics

Diseconomies of Scale

Published on January 17, 2020

Growth of firms
Business economics

Growth of firms

Published on January 17, 2020

Newer Posts
Page 171 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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