Mystum Business & Economy Category Page List All Articles

Business & Economy

Starbucks cups and Dunkin' donuts chess pieces on a chessboard, representing strategic market competition.

Dynamic Decisions: Can Starbucks and Dunkin' Teach Us About Game Theory and Economic Modeling?

Explore how game theory and economic modeling reveal the strategic dynamics between Starbucks and Dunkin'. Uncover how information and market conditions shape their decisions, impacting broader business and economic strategies.

Economic fragility symbolized by a large skyscraper overshadowing smaller buildings.

Is Your Business Safe? Unmasking Hidden Risks in Today's Economy

Worried about the next recession? Discover how changes in market power and firm competition could be making the economy more fragile than you think. Learn how to protect your business and understand the underlying risks.

Chess pieces representing McDonald's and Burger King on a map of the U.S.

Strategic Moves: How Fast Food Giants Play the Game of Location and Information

Ever wonder why you see a McDonald's and Burger King so close together? This article dives deep into the strategic location decisions of these fast-food giants, revealing how they use market information, anticipate each other's moves, and adapt to stay ahead in the competitive landscape.

AI-powered grocery inventory management

Decoding Grocery Inventory: How AI is Revolutionizing E-Retail

E-grocery is booming, but managing inventory is a complex puzzle. This article explores how AI and advanced algorithms are helping e-retailers predict demand, minimize waste, and deliver the freshest products right to your doorstep.

Cityscape merging with a brain symbolizes strategic facility planning.

Strategic Location: How Smart Facility Planning Can Boost Your Business

Discover how location intelligence and cost planning can revolutionize your business strategy. Learn to strategically place facilities, manage budgets, and predict customer behavior for maximum impact.

A person at a crossroads symbolizing treatment decisions and uncertainty.

Are You Making the Right Choices? A New Approach to Treatment Decisions

Making decisions under uncertainty is hard, especially when lives and livelihoods are on the line. Discover how a novel approach called nonlinear regret can help improve treatment choices in various fields, from medicine to economics.

Workers clustered around a time clock with a diverging path in the background.

Decoding the Overtime Puzzle: What Bunching Designs Reveal About Work Hours

Delve into an innovative economic analysis that deciphers the complexities of overtime regulations and their surprising effects on work hours, challenging conventional assumptions and offering fresh insights for policymakers.

Visual representation of wealth distribution with a bell curve transforming into a mountain range.

Decoding Wealth: How the Generalized Beta Prime Distribution Reveals Economic Inequality

Explore the Generalized Beta Prime (GB2) distribution as a powerful tool for understanding wealth and income disparities. Discover how this model, rooted in stochastic economic exchange, offers unique insights into inequality and challenges conventional measures.

Abstract illustration of a paycheck with blurred numbers representing coarse wage-setting.

Decoding Wage Discrepancies: Is Your Boss Leaving Money on the Table?

Uncover the surprising ways companies set wages, how it affects your paycheck, and what it means for fair compensation in today's job market.

Surreal cityscape with building-bubbles, representing asset bubbles and financial instability.

Decoding Bubbles: Can We Predict the Next Market Crash?

Worried about another market crash? This article breaks down complex financial research on asset bubbles, exploring how they form, how they spread, and whether we can ever truly predict when they'll burst. Learn about the factors that fuel these economic phenomena and what it means for your investments.

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