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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 an Amazon truck

Market Structures and Pricing Strategies: The Case of Amazon in Monopolistic Competition

Published on February 26, 2025

Traffic congestion in cities like New York can cost billions of dollars in lost productivity.

Externalities in Urban Planning: A Case Study on Congestion Pricing in New York City

Published on February 26, 2025

Sunlit apartment building with fire escapes, featuring a "For Rent" sign; the facade displays a mix of shadows and light.

The Principle of Comparative Statics in Housing Markets: Post-COVID Shifts in Urban Real Estate

Published on February 26, 2025

Crop yields in agriculture were one of the first areas of study in the field of economics.

Diminishing Marginal Returns in Agricultural Technology: A Case Study of India’s Green Revolution

Published on February 26, 2025

Price Discrimination and the Airline Industry: Economic Effects of Tiered Pricing Models

Price Discrimination and the Airline Industry: Economic Effects of Tiered Pricing Models

Published on February 26, 2025

City parks and urban green spaces provide significant economic benefits.

Public Goods and Urban Green Spaces: Economic Implications of Parks in Developing Cities

Published on February 24, 2025

Amazon warehouse

The Principle of Creative Destruction: How E-Commerce Has Reshaped Retail Industries

Published on February 24, 2025

The Economic Impact of Internet Infrastructure: How Connectivity Drives Growth in the UK

The Economic Impact of Internet Infrastructure: How Connectivity Drives Growth in the UK

Published on February 22, 2025

Image of emissions coming from manufacturing facilit

Externalities and Climate Policy: The European Union Emissions Trading System (EU ETS)

Published on February 15, 2025

Oil rigs remain popular due to continued public concerns of renewable energy being less reliable.

Elasticity of Demand and the Global Energy Transition: A Case Study on Fossil Fuels vs. Renewables

Published on February 15, 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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