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810 articles found

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Economics

Same Product, Different Price: Price Discrimination

Price discrimination is the strategy of selling the same product or service at different prices to different groups of consumers. This article covers the concept, the first-, secon

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Business administration

An Overview of Revenue Models for Online Businesses

One of the first things to consider when running a business is how to generate revenue through its services. Therefore, to sustain and grow a business, you should start with a clea

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Statistics

An Easy Guide to Probability Sampling Methods

Probability sampling randomly selects cases so that every member of a population has a known probability greater than zero of being chosen for the sample; these probabilities need

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Business administration

A Market That Eats Itself: Cannibalization

Why does cannibalization, where a new product eats into an existing product's sales, happen? This article explains what it is and why it occurs, the cases of Apple, Kodak, and Netf

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Logistics

The Cold Path That Must Never Break: Cold Chain Logistics

How do milk and vaccines reach us while staying cold? This article covers the history of the cold chain from ice-packed shipping to refrigerated trucks, its four stages and tempera

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Psychology

One Good Trait Makes Everything Shine: The Halo Effect

The halo effect is a bias in judgment in which the impression from one standout trait spills over into how we rate other, unrelated traits. This piece covers the research that firs

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Food & nutrition

Why Leftover Rice Hardens: Starch Retrogradation

Fresh rice turns hard in the fridge, and bread grows crumbly over days—because of starch retrogradation. This article explains gelatinization and retrogradation, the conditions tha

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General knowledge

Seasonal Seafood and Biological Mechanisms

At the seafood counter of a large supermarket or a sashimi restaurant, you can enjoy olive flounder and rockfish all year round. Advances in aquaculture technology and innovations