James Saligari - Economics Students Society of Australia

James Saligari

How does matching theory apply to university admissions?

Matching economics

How does matching theory apply to university admissions?

Contrary to the beliefs of many politicians around the world, not all free markets can be reduced to demand and supply. For example, the markets for university acceptance are unique in that participants must choose and be chosen; the price isn’t the key allocating mechanism. In this two-sided market,

The Rise and Fall of the Advertising Model – The Adblocker Problem

free-rider problem

The Rise and Fall of the Advertising Model – The Adblocker Problem

If I asked you whether you’ve had an adblocker installed on your devices at some point, you’d probably look at me as if I’d asked whether the sky was blue. After all, who wants to be interrupted in the middle of a video with the sixteenth Grammarly

Are Consumers Really Rational?

Are Consumers Really Rational?

Much of consumer choice theory relies on the notion of individuals as economic agents; that is, beings of absolute rationality who don’t struggle with everyday problems like self-control and decision-fatigue. These agents conduct marginal analysis to extract every drop of wellbeing from seemingly routine decisions. In the late 70s,