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Cryptocurrency owners can engage in decentralized finance (DeFi) by lending out their crypto through automated lending pools.

Decentralized Finance (DeFi) and the Future of Banking

Rather than applying for a loan through a bank, you can automatically borrow cryptocurrency online by putting up an equal or greater amount of collateral. This is decentralized finance (DeFi), and is a growing part of the finance industry....
5 min read
Emerging Business Trends in the UAE: 2025 and Beyond

Emerging Business Trends in the UAE: 2025 and Beyond

Published on May 20, 2025

Will AI-improved autopilot programs reduce the need for humans in airliner cockpits?

AI in the Workforce: Substitution, Complementarity, and Wage Pressures

Published on May 18, 2025

Many consumers are taking advantage of BNPL services to break up expensive payments into four or more installments.

How Buy Now, Pay Later Is Changing Household Finance

Published on May 18, 2025

Image of a beautiful cathedral in Spain.
Behavioural economics Competitive markets Business economics

How Purchasing Power Parity Explains the Boom in International Retirement Services

Published on May 15, 2025

Smartphone apps allow workers in the gig economy to quickly take on individual tasks for cash payment.

The Gig Economy and the Disintegration of the Traditional Labor Contract

Published on May 12, 2025

Can companies use powerful data analysis tools to figure out how much each of us is willing to pay?

Why Data Is the New Oil: Market Power in the Age of Information Capitalism

Published on May 12, 2025

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

Published on 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

Published on 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

Published on April 19, 2025

Many young people dream of being able to make a living from posting digital content on social media.

The Creator Economy: Why Attention Is the New Currency

Published on April 19, 2025

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Shoppers outside of a store of a well-known luxury brand that counts as a Veblen good, meaning popularity increases as price increases.

The Economics of Social Status: Why We Pay More for Less

Veblen goods are luxury goods that violate the Law of Demand, which states that quantity demanded of a good falls as price rises. Veblen goods actually become more popular as prices increase. Why is this the case? Can the purchase of such goods be reasonable?...
5 min read

Recent Post

Could sophisticated AI software quickly determine the maximum you would pay for any item, and charge you accordingly?
Surge Pricing in the Age of AI: Fairness or Exploitation?
August 29, 2025
A sign signaling the pick-up location for ride share drivers, who are a major component of the gig economy.
The Gig Worker’s Dilemma: Flexibility vs. Stability
August 26, 2025
Online gamers can spend significant sums of money through in-game purchases, raising questions about behavioral nudges and gaming.
The Free-to-Play Game Economy: Selling Pixels for Billions
August 26, 2025

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