Although firms and countries have family friendly policies with generous paternity and maternity leave, the impact has harmed women’s chances for promotion.
Airline Pricing Mysteries
Left to fluctuate freely, a price can tell us information about social norms, efficiency, technology, incentives, quality and supply and demand.
There’s No Such Thing as a Free Delivery
For consumers and retailers, decisions about delivery speed and price involve tradeoffs with each hoping to minimize the cost and maximize the purchase.
Drones and Property Rights In the Air
Regulation of innovations like drones can take us back to old economic principles like property rights that have supported the market system for centuries.
What UPS Learned from Henry Ford
Because free shipping creates pressure on retailers to send parcels more cheaply, UPS has had to lower costs by increasing processing productivity.
How Uber and Amazon Use Pricing Power
Displaying some pricing power, dynamic pricing on Amazon, for airlines, Uber and elsewhere recognizes and responds to changes in demand to maximize profits.
What You Might Not Know About Alibaba's Jack Ma
Seeing the Alibaba IPO in the headlines, I wanted to share these excerpts from a 2006 CNN interview of Jack Ma: About his firm’s name: “One day I was in San Francisco in a coffee shop, and I was thinking…
What Happens When 1-Click Meets a Barcode?
It’s almost like 1-click and the barcode had a child. 1-click diminished the friction of an online purchase. Described in The Everything Store, it let Jeff Bezos increase revenue by making the purchase process easier. And, once Bezos got his…
How Firms Compete With Hidden Messages
Have you noticed the arrow in FedEx’s logo? Especially because, in class, we have been looking at how oligopolies compete, I appreciated what this BusinessInsider slideshow said about their logos: A competitive market structure shapes business behavior. For oligopolies, that…
