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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

As firms increase their volume and analysis of consumer data, will they become increasingly efficient at drawing in customers and create natural monopolies in each market? Will smaller firms be able to hold on in our digital analysis age?...
4 min read
Blockchain technology allows for the permanent record of ownership of a digital asset.

The Economics of NFT Scarcity and Digital Ownership

Published on October 24, 2025

That in-dash navigation system in your new car is convenient...but is it included in the purchase of the vehicle?

The Subscription to Everything Economy

Published on October 24, 2025

What tools can companies use to convince consumers to buy more expensive sustainable consumption options?

Behavioral Nudges in Sustainable Consumption

Published on October 24, 2025

Algorithms are used by today's social media platforms to determine which posts we see.

The Economics of Algorithmic Curation in News and Media

Published on October 24, 2025

Many restaurants on delivery apps like Door Dash and Uber Eats are actually ghost kitchens without storefronts.

The Gig Economy of Cloud Kitchens

Published on October 19, 2025

Many workers are "quiet quitting" today, meaning they perform the bare minimum at work but refuse to leave the job.

The Economics of Quiet Quitting: Labor Supply Meets Workplace Incentives

Published on October 17, 2025

Are influencers and short-form social media feeds destroying our attention spans from our constant desire for entertainment?

The Attention Economy and Cognitive Scarcity

Published on October 05, 2025

Modern technology and algorithms will likely lead to increased dynamic prices in tickets for sports and entertainment.

Dynamic Pricing in Sports and Entertainment

Published on October 05, 2025

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

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Older Posts
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

In the short and long run, how will the rise of remote work - spurred by the Covid pandemic in 2020 - affect the geography of economic activity? Although many workers initially moved to small towns, return-to-office mandates are calling some back....
4 min read

Recent Post

Blockchain technology allows for the permanent record of ownership of a digital asset.
The Economics of NFT Scarcity and Digital Ownership
October 24, 2025
That in-dash navigation system in your new car is convenient...but is it included in the purchase of the vehicle?
The Subscription to Everything Economy
October 24, 2025
What tools can companies use to convince consumers to buy more expensive sustainable consumption options?
Behavioral Nudges in Sustainable Consumption
October 24, 2025

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