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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
Two wooden blocks labeled "LOYALTY" and "PROGRAM" are placed atop a scattering of smaller wooden cubes on a wooden background.

Loyalty Programs as Two-Part Tariffs and Price Discrimination

Published on October 02, 2024

Understanding Loss Aversion Dividend Payouts in Finance

Understanding Loss Aversion Dividend Payouts in Finance

Published on October 02, 2024

An image of plant with a white background.
Definitions Business economics

Product Life Cycle (PLC)

Published on October 01, 2024

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Definitions Managing the economy

Central Planning

Published on October 01, 2024

Three elder adults walking side by side.
Definitions Managing the economy

Dependency Ratio Definition

Published on October 01, 2024

How Much of the UK Government Spending Goes to the Police Force?

How Much of the UK Government Spending Goes to the Police Force?

Published on September 29, 2024

Logo of H.I.G. Capital, featuring bold blue letters "H.I.G." followed by the word "CAPITAL" in uppercase, all on a white background.

H.I.G. Capital Completes Acquisition of 4Refuel for Up to CAD 400 Million

Published on September 28, 2024

An image of fruits like cherries and tomatoes along with a price tag.
Global economics Managing the economy

Did Food Prices Increase during the Great Depression?

Published on September 27, 2024

A fuel price display at a gas station showing the prices with a bright blue sky in the background.
Managing the economy Global economics

Does the US President Control Inflation?

Published on September 27, 2024

Closeup of golden bitcoins on a dark reflective surface and the histogram of decreasing crypto

Why Crypto Entrepreneurs Are Choosing Switzerland

Published on September 25, 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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