Adding to the value of a good or a service, firms in the top 15 global brands like Apple and Amazon have our loyalty by distinguishing what they produce.
To understand why certain cities have more dog walkers, scientists, and pastry chefs, we just need to look at the geography of jobs.
During Super Bowl LIII, Bud Light's beer ads started a corn syrup war that unfolded during the game and after but was really about product differentiation.
We could have a problem with our supply of Super Bowl guacamole if Mexico's pipeline fuel thefts lead to avocado shortages.
These six facts tell us how our supermarket shopping can be influenced by much more than the shopping list we bring with us.
Reese's Peanut Butter Cups and Coca-Cola are just two examples of higher consumer prices because transport and ingredient costs have gone up.
Called the Starbucks effect, current and future housing prices tend to rise when a Starbucks moves into the neighborhood.
With social media telling us everything our friends are doing and much more, many of us experience FOMO (Fear Of Missing Out).
When coffee drinkers hear that some prices at Starbucks will rise, their response will depend how how elastic their demand is.
Recent research explains why and when we experience choice fatigue after seeing the alternatives at a salad bar or options at an auto dealer.
While Gander's hospitality on 9/11 is an example of considerable graciousness, it also can be remembered for its economics.











