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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
Image of a person counting dollar bills.
Definitions Labour markets

Sticky Wages

Published on August 28, 2024

A person holding a mobile phone showing the calculator.

How Economic Trends Affect Our Future: Analysis and Forecasts

Published on August 28, 2024

Billion-Dollar Dilemma: Nvidia and AMD Face Costly Decisions in China Market

Billion-Dollar Dilemma: Nvidia and AMD Face Costly Decisions in China Market

Published on August 28, 2024

One Dataset, Many Insights: Maximizing Research Output in Economics

One Dataset, Many Insights: Maximizing Research Output in Economics

Published on August 27, 2024

Understanding Crypto Market Cycles Through An Economic Lens

Understanding Crypto Market Cycles Through An Economic Lens

Published on August 26, 2024

A phone showing the logo of PayPal.

Beyond PayPal: Macroeconomic Impacts of Digital Money Movement in 2024

Published on August 23, 2024

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Definitions Managing the economy

Core CPI vs CPI

Published on August 21, 2024

A photo of a man taking picture of a tarmac from a airline terminal.
Behavioural economics Business economics Competitive markets

Platforms, Complements, and Two-Sided Markets: How Airline Stopovers Fuel Urban Micro-Tourism

Published on August 20, 2024

Europe’s EV Market Booms — Without Tesla

Europe’s EV Market Booms — Without Tesla

Published on August 19, 2024

Illustration of a house with money, a calculator, and a rising bar chart with a percentage symbol, representing Help to Buy loan repayment

Equity Loan Repayment under the UK Help to Buy Scheme: Economic Considerations

Published on August 19, 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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