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September 25, 2022

Inflation of online ratings can be beneficial and detrimental

Many adults consult online ratings and reviews before they make a purchase. However, how ratings affect sales is a challenging topic as evidenced from controversy surrounding Rotten Tomato scores or sellers trying to manipulate ratings [...]
Taxpayers pay billions to subsidize Australia's fossil fuel industry. This makes absolutely no economic sense

Fossil fuel subsidies from major economies including Australia reached close to US$700 billion in 2021, almost doubling from 2020, according to new analysis by the International Energy Agency and OECD.This post was originally published on [...]
Carbon taxation is ecologically more effective and socially equitable than trading of emission allowances

Putting a price on CO₂ emissions and thus making emissions more expensive can make a significant contribution to reducing them. In a study published in The Economic Journal, Prof. Dr. Fabian Herweg, University of Bayreuth, [...]