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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
Labour market failures
Labour markets

Labour market failures

Published on January 17, 2020

Economic rent and transfer earnings
Labour markets

Economic rent and transfer earnings

Published on January 17, 2020

Wages and employment
Labour markets

Wages and employment

Published on January 17, 2020

Supply of labour
Labour markets

Supply of labour

Published on January 17, 2020

Business motives
Business economics

Business motives

Published on January 17, 2020

Costs
Business economics

Costs

Published on January 17, 2020

Revenue
Business economics

Revenue

Published on January 17, 2020

Production
Business economics

Production

Published on January 17, 2020

Demand for labour
Labour markets

Demand for labour

Published on January 17, 2020

Revenue and sales maximisation
Business economics

Revenue and sales maximisation

Published on January 17, 2020

Newer Posts
Page 173 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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