Amazon, Google, Facebook, and Apple. How big is too big such that consumers are being harmed by the growing dominance of digital platforms?
Tag: economy
Decision Making: Sunk Cost Fallacy
At the end of the day, the sunk cost fallacy is caused by pride, loss aversion, and irrational commitment to past decisions. The sunk cost fallacy makes us stupid. Don’t let it trick you.
WTF is: Inverted Yield Curve?
Generally, an inverted yield curve signals a potential recession that will occur anywhere in the next 12 to 24 months. So is it time to panic?
Decision Making: Accounting Costs vs. Economic Costs
There ain’t no such thing as a free lunch. Every economist will tell you this. Why? Opportunity costs!
Economics of Valentine’s Day, Tinder, and Relationships
From noticing someone across the bar also noticing you, to swiping left or right on Tinder, our generation for dating has completely changed from just a few decades ago. Swipe right on this article!