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Today, firms use volumes of data to maximize their efficiency.

Data Pricing and the Economics of Information Markets

In today's modern society, firms use tremendous volumes of data to determine their best strategies for production (reduce costs) and marketing (boost revenue). What are the economic variables in the market for information?...
4 min read
Quiz - Introduction to economics
Quiz

Quiz - Introduction to economics

Saddique Ansari • January 31, 2020 • 1 min read

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Bank of England Cuts Interests Rates

Firms want to capture your attention so they can advertise their goods and services to you, seeking more sales.

Attention Markets and the Allocation of Cognitive Scarcity

When you go online, your attention is highly coveted by advertisers. There are attention markets where firms pay considerable sums to capture consumers' attention for ads. What are the economic implications of these markets?...
4 min read

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