Discover how search theory illuminates market frictions, affecting employment, pricing, and transactions. Learn its applications across different economic contexts.

Think of all the pretty things you’ve squirreled away for a special occasion: the nice plates you only bring out on holidays, the fancy dress in the back of your closet, the pricy perfume you refuse ...

Fans think Stranger Things didn’t really end. The “Conformity Gate” theory claims Vecna won — and the finale was a lie.

Investing can often feel like navigating a maze of endless options and ever-shifting market conditions. This is where the Modern Portfolio Theory (MPT) comes in, offering a roadmap for making smarter ...

Discover the Diamond-Water Paradox—why diamonds cost more than water. Learn about subjective value and marginal utility in economic valuation.