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Modern technology and algorithms will likely lead to increased dynamic prices in tickets for sports and entertainment.

Dynamic Pricing in Sports and Entertainment

Over the past decade, dynamic pricing has expanded as we purchase everything from food to transportation to entertainment online. When variables change around us, sellers can raise or lower prices to maximize revenue given our fluctuating demand. Is this ethical?...
4 min read
Close-up of the word "Skill" in a dictionary, highlighting its definition as an ability developed through training and technique.

7 Labour Market Shifts Driving Adult UpSkilling

Published on October 28, 2024

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Definitions Business economics

Real vs. Nominal in Economics

Published on October 25, 2024

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Managing the economy

Economic Development Stasis: Rent Seeking in Bangladesh

Published on October 25, 2024

Two mannequins displayed in a store window, with discount labels showing 30%, 50%, and 20% off.
Business economics Definitions

Penetration Pricing

Published on October 24, 2024

A construction site with a red crane atop a modern glass building, against a cloudy sky.

The Economics of Construction Productivity: Why Management Skills Matter

Published on October 24, 2024

A golden dollar sign stands between blue house outlines, symbolizing real estate investment and financial value.

The Ultimate Cost Comparison: PCP vs Leasing vs HP Loans

Published on October 24, 2024

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Definitions Competitive markets Factors of production

Economic Efficiency

Published on October 23, 2024

Colorful sticky notes on a corkboard, featuring the phrase "Gen Z" prominently on a blue note amidst various doodles and graphs.

China's "Fake Office" Trend: Decoding Gen Z's New Work Culture Signals

Published on October 23, 2024

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Definitions Managing the economy

Seigniorage Explained

Published on October 22, 2024

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Definitions Competitive markets

Atomistic Competition

Published on October 21, 2024

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What caused the rapid rise of Airbnb and Vrbo (short-term rental market) as rivals to hotels and motels?

The Economics of Short-Term Rentals vs. Hotels

Most consumers are familiar with the popular short-term rental apps Airbnb and Vrbo. What caused their rapid rise in the vacation market? Why has that market cooled in recent years, swinging demand back to hotels?...
4 min read

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