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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
Surge Pricing in the Age of AI: Fairness or Exploitation?

Surge Pricing in the Age of AI: Fairness or Exploitation?

Published on September 25, 2024

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Global economics Managing the economy

Why Economic Sanctions Have Historically Never Worked to Achieve Their Aims

Published on September 22, 2024

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Managing the economy

Government Price Setting vs. Price-Gouging Laws

Published on September 22, 2024

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Managing the economy Global economics

Analyzing Russian Economic Resilience in the Post-Sanctions Era

Published on September 22, 2024

A person using the laptop looking at data and analytics.

Did Reparations to France Hamper Haitian Economic Growth?

Published on September 21, 2024

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Factors of production Managing the economy Global economics

MITI and the Economic Development Miracle of Japan

Published on September 21, 2024

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Managing the economy Market failures

Analyzing Greedflation's Contribution to Inflation in the U.S. 2021-2024

Published on September 21, 2024

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Managing the economy

Government Spending Divorced From Economic Multiplier Effects

Published on September 21, 2024

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Managing the economy Market Failure

Housing Shortages and Canada's Rental Controls

Published on September 20, 2024

Two men face each other with computer screens showing a car and a shirt, separated by a yellow triangle labeled 'Information Asymmetry'

The Economics of Digital Signaling: Information, Attention, and the Role of Presentation

Published on September 20, 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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