Environmental economics is a study at the intersection of both ecological and economic processes. After all, one of the reasons the earth is warming is because of the continuing growth of our economy and our reliance on fossil fuels. Although numerous efforts have...
The world of online shopping is growing extremely quickly. As a consequence, the importance of targeting is also really important and, therefore, companies are making great use of the enormous availability of data. The implementation of cookies on almost every website...
In history, there have been numerous influential scholars in the field of economics and econometrics. Think for instance of John Maynard Keynes, who is known for his influence in macroeconomics through the Keynesian School. Or think of Adam Smith, who introduced the...
There are many theories trying to describe the dynamics of economies. One of the first economists to think about this was Adam Smith. He laid the foundation of classical economics and thought of the economy as a free market. Then came Alfred Marshall, who was one of...
Forgot to buy that one ingredient for dinner? Normally you would have to choose to go for a quick run to the grocery store to get that ingredient or you just make dinner without it. However, in the last few years, and in the last few months in the Netherlands, a new...
On December 15, 2021, party leaders Rutte (VVD), Kaag (D66), Hoekstra (CDA), and Segers (CU) presented the coalition agreement “Looking after each other, looking ahead to the future”. This coalition agreement has also some unpleasant consequences for Dutch real estate...
What is the best strategy for the tribes in Candyland? Find out together with Sjors Keet.
On the 11th of October the Nobel Prize in Economics was awarded to David Card, Joshua Angrist and Guido Imbens “for their methodological contributions to the analysis of causal relationships”. Loosely speaking, these researchers are looking at ways to address several...
There is a dire housing crisis in the Netherlands, and in the major cities, such as Amsterdam and Utrecht, finding a place to live is expensive and difficult. Especially for people who want to buy their first homes, the housing market has become a nightmare over the...
The Dutch Royal Family is in the news every once in a while. Whether it is with their yearly press photo in Lech, or when princess Amalia was told she could still be queen if she marries a woman, or even when a private picture of Alexia was shared. We have had the...
Did you ever go for a quick stop at the grocery store to buy some essential products that you needed to have and then came back home with way more food and drinks than you were planning to do so? Like most of us, you probably have done so. You didn’t need that bottle...
The bank robbery that you planned with your best friend, Llyod Shapley, did not go as successfully as you both expected. Multiple things were working against you after you hid the stolen money and as a result you both ended up in the police station. Both taken to a...
“This is truly amazing news and a gigantic win for the earth, our children and all of us. The judge has spoken clearly: Shell causes severe climate change and will have to end that rapidly.’’ These were the words of Donald Pols, director of Milieudefensie in the...
If you are a student in Econometrics or Economics, the concept of marginal utility should ring a bell. From your first-year course in microeconomics to the more advanced courses later in your bachelor, the concept plays an important role in understanding...
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