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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 a crowd of students graduating, standing in their graduation gowns.
Managing the economy Market Failure

Tuition and Administrative Bloat: Examining the Economic Principle of Cost Disease

Published on January 01, 2025

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Market Failure

The Economic Impact of Geopolitical Risk: Insights from the War in Ukraine

Published on November 28, 2024

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Managing the economy Market Failure

The Importance of Government Investment in Technologies for National Economic Protection and Development: A Case Study of Transistor Manufacturing in the United States

Published on November 10, 2024

A one billion dollar bill of Zimbabwean currency.
Managing the economy Market Failure

Understanding Zimbabwe’s Economic Collapse: Causes and Consequences

Published on November 06, 2024

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Definitions Information Failure Market Failure

Adverse Selection in Insurance

Published on October 18, 2024

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Business economics Labour markets Market Failure

Exponentially Rising Tuition Costs Suppress Economic Growth in the U.S.

Published on October 05, 2024

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Market Failure Business economics

Potential Effects of the Harris-Walz $25,000 Down Payment Assistance Plan

Published on October 05, 2024

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Managing the economy Market Failure

Housing Shortages and Canada's Rental Controls

Published on September 20, 2024

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Business economics Managing the economy Market Failure

Unpaid Invoices: The Hidden Crisis Facing UK Small Businesses

Published on August 12, 2024

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Factors of production Managing the economy Labour markets Market Failure

Labor Market Polarization and the Rise of the Virtual AI Agent for Sales Calls: An Application of Routine-Biased Technological Change

Published on July 26, 2024

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Older Posts
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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