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Your airline ticket price can vary considerably based on time of purchase and amount of baggage.

Why Airline Ticket Prices Fluctuate: Understanding Dynamic Pricing Strategies

Airlines engage heavily in dynamic pricing, where the price is adjusted based on timing of purchase and other factors, ranging from peak travel times to last-minute attempts to fill empty seats. Add tiered memberships and baggage fees, and prices can vary considerably....
5 min read
Nvidia’s Market Cap Drops Following Massive Stock Sell-Off

Nvidia’s Market Cap Drops Following Massive Stock Sell-Off

Published on March 28, 2024

Consumer Durables
Definitions Business economics

Consumer Durables

Published on March 27, 2024

Complements Economics
Definitions Competitive markets

Complements Economics

Published on March 27, 2024

Supermarket shelves, colorful packages.
Behavioural economics

Economic Efficiency and Inventory Turnover: How Grocery Stores Use Just-in-Time (JIT) Systems to Reduce Costs and Waste

Published on March 27, 2024

Smartphone with BTC chart on a black textured background.
Behavioural economics Business economics

Liquidity Preference Theory and the High Cost of Instant Bitcoin Purchases

Published on March 25, 2024

The Rise of Emerging Markets as Key Players in Online Investment.

The Rise of Emerging Markets as Key Players in Online Investment.

Published on March 25, 2024

Image of bitcoin and an amorphous red shape on black background.
Behavioural economics

Meme Coin Presales and the Greater Fool Theory: A Speculative Bubble in the Making

Published on March 23, 2024

Man in white robe driving a rolls royce
Behavioural economics

The Economics of Luxury Car Rentals in Dubai: Analyzing the Experience Economy and Status Signaling

Published on March 22, 2024

The Circular Flow Diagram
Definitions Managing the economy

The Circular Flow Diagram

Published on March 22, 2024

Marginal Utility Formula
Definitions Behavioural economics

Marginal Utility Formula

Published on March 22, 2024

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A Zoom or Google Meet video meeting showing many participants on a person's laptop computer.

The Economics of Remote Work: How Labor Markets Are Adjusting to the Post-Pandemic World

Since the start of the Covid pandemic, a significant portion of white collar workers in the West have been working remotely. As companies and governments want workers to return to the office, a labor force debate has erupted over remote work....
5 min read

Recent Post

Users may be able to pay free demo versions of video games, but have to pay to access all features.
From Freemium to Premium: The Economics of Free Products
April 27, 2025
Today, many customers can use Buy Now, Pay Later (BNPL) services with zero interest due.
Buy Now, Pay Later and the New Consumer Debt Cycle
April 27, 2025
Fast food restaurants with electronic menus have the ability to change prices rapidly, known as surge pricing.
Surge Pricing and the Ethics of Real-Time Markets
April 19, 2025

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