Why More Movies Are Boring

With the competitive market structure of the movie business changing from less to more competition, movie content from major studios is less innovative.

What New Coke Could Teach Baseball

Baseball managers say that winning requires time consuming competitive strategies that conflict with the sport’s need to shorten game time and attract fans.

Weekly Roundup: From Pacesetters to Prices

Our everyday economics includes externalities, supply and demand, price maker, monopolistic competition, oligopoly, statistics, money supply & innovation.

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.

Weekly Roundup: From Turkey to Buffalo

This week’s everyday economics include competition, oligopoly, marginal cost and benefit, GDP growth, unemployment, supply and demand, OPEC, redistribution.

How To Make a $200 Sneaker Worth $8000

As an oligopoly, Nike uses limited edition sneakers, coveted by Sneakerheads, to compete because they create cache, a cool image, and eliminate discounting.

Next Day Delivery and the Prisoner’s Dilemma

Retailers face the prisoners’ dilemma when deciding whether to keep next day shipping guarantees on December 23rd because a decision relates to what others do.

Will Conspicuous Consumption Add to iPhone 6 Sales?

As an oligopoly, through pricing power and product differentiation, Apple takes advantage of the conspicuous consumption customers could experience.

Our Weekly Roundup: From Tipping to Startup Airlines

Our weekly roundup includes everyday economics that relate to entitlements, the market, competitive market structures, regulation and labor.

Back to the Future… of Air Travel

Although 82% of the U.S. airline industry is dominated by 4 airlines, it is not a typical oligopoly because of new small airlines flying routes that the bigger carriers cut.