Multiple ways exist to organise a bus-based transport system connecting suburban towns to the city centre as well as between different suburban areas of a larger city. One approach uses the hub and spoke model that connects individual suburban towns to the city centre. Another approach uses a...

Food delivery companies play crucial roles in connecting food vendors to a wider clientele through the enabling tools of the Internet as well as a dynamic, efficient, and fast delivery network that abrogated the distance between client and food vendors. In essence, they serve both an advertising...

Despite the popularity of online news available through social media, newspapers remain as an important source of validated information for citizens in various strata of society. This is particularly true for low-income citizens and those with less skill who are not plugged into the Internet...

Supply and demand drive economic incentives for goods and services provision, and the point where the demand and supply curves meet discovers the price. But, what does a price mean and what is the specific context? In a perfectly competitive market, the price reflects the fundamentals of supply...

Moving from one place to another is essential for an individual to obtain food, to work and to explore the surrounding environment. Foot power was the only means of transportation before the arrival of animal powered transportation, and later fossil fuel powered engine-based transport. But,...

Provision of charging stations is requisite infrastructure supporting the adoption of electric vehicles in any city and country. To avoid duplications and wastage of resources, only one charging station is available at each parking lot, which meant that only one provider is assigned for each...

Raising initial capital is the necessary rite of passage for any new start-up, particularly one dealing with hardware and the brick-and-mortar world. Specifically, compared to software companies, initial capital expenditure for non-software company is usually much more substantial. More...

The main bugbear of renewable energy has been its intermittency in supply. Though advances in battery technologies and grid level storage have helped ameliorate the problem, current limitations in grid level storage capacity meant that we still could not cope with extreme weather events where...

Sea freight remains the most cost-effective delivery option for many types of goods in many cities around the world. But, depending on the distance between the city and a seaport, sea freight and the ensuing land transport (freight) could pose significant logistical challenges that impact on the...

Price control for consumer goods typically would result in poor quality products at a low price or acceptable products sold at an elevated price. Auction theory posits that the market price discovery mechanism depends on perfect competition where for each good, supply meets demand and the price...