Just like there’s no such thing as a free lunch, for consumers, retailers and shippers, there’s no such thing as free shipping.…
What Happens When the Price Isn’t Right
Maybe 20% of all online prices change daily. Some even change every few minutes. When the Wall Street Journal compared Amazon, Sears and Best Buy, they saw intraday prices bounce between a low of $744…
A 13 Minute Delivery
With “click to plop” in just 13 minutes, last week’s totally automated Amazon drone delivery to a real customer can create huge cost savings.…
Amazon’s New Way to Think About Prices
Knowing that Amazon’s list prices will soon disappear from most of their ads, we can ask Nobel laureate Danial Kahneman how they affected us.…
Restroom Access and Power
Formally or informally, through laws or architecture, limiting restroom access to women, transgender people and men creates externalities and powerlessness.…
Amazon’s Government Connection
No longer laissez-faire, government creates a mixed economy when it responds to Amazon’s lobbying and other firms’ influence.…
Disney’s Dynamic Pricing Power
Displaying Disney’s pricing power, they will implement dynamic pricing for 1-Day tickets and as do the airlines, Amazon and Uber.…
The Impact of a Cardboard Economy
With the growth of online shopping and the cardboard containers used to ship all we buy, we are creating a long list of externalities that affect us daily.…
Where Your Price Depends On Your Timing
Dynamic pricing at Amazon, the Indianapolis Zoo and a Dallas toll road displays how price influences buyer and seller behavior.…
The Unintended Consequences of Parental Leave
Although firms and countries have family friendly policies with generous paternity and maternity leave, the impact has harmed women’s chances for promotion.…