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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
To get our entertainment today, most of us purchase subscriptions to digital streaming services.

The Subscription Boom: How Predictable Revenue Is Changing Consumer Markets

Published on May 23, 2025

NFTs of "Bored Apes" became a pop culture phenomenon in 2021, selling for many thousands of dollars.

The Rise of Digital Scarcity: Economics of NFTs and Tokenized Assets

Published on May 23, 2025

Utility and Consumer Surplus in the Age of Retail CFD Index Trading

Utility and Consumer Surplus in the Age of Retail CFD Index Trading

Published on May 20, 2025

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

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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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