Written by Radi Akbar Last year, a League of Legends professional player by the name Hu-Shuo Chieh, also known as SwordArt, made a 6-million-dollar contract with TeamSoloMid of North America (Dot Esports, 2020). This is the most expensive contract ever made in LCS, the North American league for the game. However, this is not surprising…
Category: Boundaries of Economics
Behavioral Economics and Mask Compliance
Written by Rachel Barkan The COVID 19 pandemic has created a divide between those who wear masks and those who don’t. Although much of this divide has been attributed to politics there are other reasons why people opt to wear a mask or not. Such reasons can be understood through the lens of behavioral economics.…
How Long Until Business Travel Returns And What It Means For The Travel Industry?
Written by Rachel Barkan Since the start of the COVID-19 pandemic, the U.S. travel economy has lost roughly 415 billion dollars and this number is predicted to increase (U.S. Travel Association). Among the biggest contributors to the U.S. travel economy is business travel. As a result of the pandemic, business travel has nearly come to…
Shortcomings of the Gig Economy During the COVID-19 Pandemic
Written by Brooke Van Horne Since the beginning of the novel coronavirus pandemic in late 2019, residents of numerous countries have been subject to “stay at home” or quarantine mandates from national and local governments. These public health measures–while imperative to the safety of people around the world–negatively impacted the global economy through the shutdowns…
Coronavirus: Cause or Factor in Declining College Attendance?
Written by Connor Smith The effects of the current COVID-19 pandemic are widespread, damaging practically all industries with the exception of a select few. While hundreds of thousands of adolescents are returning to university for an uncertain fall semester, the rapid decline in college attendance occurring across the nation may not be obvious. Of course,…