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In the near future, art generated by AI may be indistinguishable from that created by a human artist.  What then?

The Economics of Generative AI in Creative Industries

Many people fear an upcoming "AI unemployment apocalypse", especially content creators like artists, writers, and journalists. What are the economic forces behind companies using AI to generate content, and what might be done to protect workers?...
4 min read
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

Published on October 02, 2025

Firms can use data analysis to streamline operations, conduct market research, and design more desirable products.

Data as an Input: Returns to Scale in the Information Economy

Published on September 29, 2025

The rise of remote work during the Covid pandemic led to many urban white collar workers moving to small towns.

The Economics of Remote Work Geography

Published on September 25, 2025

The sunk cost fallacy explains that, although the money spent cannot be recovered, people continue to pursue bad investments.

Subscription Creep and the Sunk Cost Fallacy

Published on September 25, 2025

Today's digital era can result in subscription fatigue as consumers try to mentally budget their many digital subscriptions.

The Subscription Fatigue Paradox: When Too Many “Small” Payments Hurt Growth

Published on September 17, 2025

Polluting firms can purchase carbon offsets (also known as carbon credits) to reduce their environmental impact. Does it work?

Carbon Offsets and the Market for Guilt Reduction

Published on September 17, 2025

International Money Transfers: Reducing Transaction Costs and Enhancing Efficiency

International Money Transfers: Reducing Transaction Costs and Enhancing Efficiency

Published on September 16, 2025

When you listen to your favorite artist through a subscription service, does he or she get paid fairly for the work they produced?

The Streaming Royalty Puzzle: Who Gets Paid and Why

Published on September 15, 2025

How much would you be willing to pay to ensure that your identity was protected online?

The Rise of Pay-to-Verify: Monetizing Digital Identity

Published on September 15, 2025

In the near future, art generated by AI may be indistinguishable from that created by a human artist.  What then?

The Economics of Generative AI in Creative Industries

Published on September 15, 2025

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Older Posts
Many consumers encounter dark patterns in website development that influence them to spend more than they planned.

Dark Patterns and Consumer Choice Architecture

Online, sellers can use various web design practices, known as dark patterns, to influence or manipulate us into spending more money than we planned. What are the economic effects of this controversial practice?...
4 min read

Recent Post

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
October 02, 2025
Firms can use data analysis to streamline operations, conduct market research, and design more desirable products.
Data as an Input: Returns to Scale in the Information Economy
September 29, 2025
The rise of remote work during the Covid pandemic led to many urban white collar workers moving to small towns.
The Economics of Remote Work Geography
September 25, 2025

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