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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
Economies of scale
Business economics

Economies of scale

Published on January 17, 2020

Efficiency
Business economics

Efficiency

Published on January 17, 2020

Profits
Business economics

Profits

Published on January 17, 2020

The minimum and living wage
Labour markets

The minimum and living wage

Published on January 17, 2020

Zero hours contracts
Labour markets

Zero hours contracts

Published on January 17, 2020

Trade unions and the labour market
Labour markets

Trade unions and the labour market

Published on January 17, 2020

Monopsony power and remedies
Labour markets

Monopsony power and remedies

Published on January 17, 2020

Monopsony
Labour markets

Monopsony

Published on January 17, 2020

Labour market discrimination
Labour markets

Labour market discrimination

Published on January 17, 2020

Wage differentials
Labour markets

Wage differentials

Published on January 17, 2020

Newer Posts
Page 172 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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