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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
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Definitions Business economics

Primary Sector Economics

Published on September 19, 2024

Forex trading dashboard with candlestick chart, currency symbols, and arrows illustrating lowering barriers in spreads, deposits, and onboarding costs

Graphics Wars: Nvidia Surges While AMD Feels the Pressure

Published on September 19, 2024

Black and white photo of a man looking at his macbook with a trading screen on it.
Business economics Competitive markets

Market Access, Transaction Costs, and Financial Inclusion in Retail FX: The Case of OANDA

Published on September 19, 2024

Smarter Web Company: Leading Bitcoin Purchases in the UK and Shaping the Future

Smarter Web Company: Leading Bitcoin Purchases in the UK and Shaping the Future

Published on September 17, 2024

Diversity and Resilience: The Hidden Drivers of Economic Growth in Modern Business

Diversity and Resilience: The Hidden Drivers of Economic Growth in Modern Business

Published on September 17, 2024

Kitchen Economics: Lease Today, Own Tomorrow?

Kitchen Economics: Lease Today, Own Tomorrow?

Published on September 16, 2024

A tall building with Gothic architecture, featuring tall spires, arched windows, and a lawn.

UK Universities Are Educating the Next Generation of Criminals, Tyrants, and Despots

Published on September 14, 2024

An image showing different AI applications.
Forex Trading Managing the economy

AI Penetrates Retail Currency Trading As More Products Become Available

Published on September 13, 2024

Man working on a laptop with code on the screen.
Business economics Competitive markets

Who Captures the Surplus? Complementors vs. Platforms — Platform Economics, Bargaining Power & Value Capture

Published on September 06, 2024

A man working on a task in front of a small, cluttered shop filled with tools, materials, and everyday items.
Definitions Labour markets

Backward Bending Supply Curve

Published on September 04, 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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