Including some surprises, our response to the spikes and dips of gasoline prices can affect regulatory policy.
The Ups and Downs of Gas Prices
Because our spending on gasoline is somewhat constant, gas price fluctuations can have a massive impact on what we spend elsewhere.
Why Taylor Swift Likes Slow Ticketing
Wondering why concert ticket prices have gone up during the past decade, we can look at Taylor Swift’s 2018 Reputation tour.
Why There Is No Such Thing as a Free Coupon
Last week, I paid $25 for three hours at an NYC parking garage. Others though paid $50 for the same amount of time. We could say that it cost me less. But there is much more to the story. What…
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.
Weekly Roundup: From Fast Food Grades to Movie Reviews
Our economic news summary includes inflationary movie reviews, baggage productivity, fast food animal welfare grades, Chinese consumer spending and methane.
A Fast Food “F”
When animal welfare requires cage-free eggs and antibiotic elimination and no gestation crates, some fast food restaurants cannot accept the tradeoffs.
Dynamic Pricing: How To Lower Your Electric Bill
As monopolies, electric utilities have the pricing power that lets them offer dynamic pricing through smart meters but supply and demand will change slowly.