We shed light on a money-for-privacy trade-off in the market for smartphone applications ("apps"). Developers offer their apps cheaper in return for greater access to personal information, and consumers choose…
A challenge for many cartels is avoiding a destabilizing increase in non-cartel supply in response to having raised price. In the case of the German cement cartel that operated over 1991-2002, the primary source…
Customised products and services, flexible working arrangements, productivity growth, and increasing prosperity – these are just some of the advantages promised by a digitised and connected economy. Business…
