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5 Stacks of pennies and other coins in ascending order from left to right.

Credit Rationing and Information Asymmetry: The Economics Behind Online Micro-Loans

Credit rationing and asymmetric info explain why high-risk micro-loans exist and carry high rates....
4 min read
Contestability
Definitions

Contestability

Published on January 28, 2020

Consumer surplus
Definitions

Consumer surplus

Published on January 28, 2020

Concentration ratio
Definitions

Concentration ratio

Published on January 28, 2020

Competitive tendering
Definitions

Competitive tendering

Published on January 28, 2020

Competition_and_markets_authority
Definitions

Competition_and_markets_authority

Published on January 28, 2020

Cobweb theorem
Definitions

Cobweb theorem

Published on January 28, 2020

Classical unemployment
Definitions

Classical unemployment

Published on January 28, 2020

The labour market claimant count
Definitions

The labour market claimant count

Published on January 28, 2020

Circular flow of income - definition
Definitions

Circular flow of income - definition

Published on January 28, 2020

Choice architecture - definition
Definitions

Choice architecture - definition

Published on January 28, 2020

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Application Programming Interfaces (APIs) allow software on different devices and systems to talk to each other.

The Economics of API Ecosystems and Modular Innovation

Today, Application Programming Interfaces (APIs) and modular software development allow for widespread and rapid improvement of programs and apps. How has the macro economy changed by this recent shift toward interoperability and add-on upgrades in software?...
4 min read

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