Negotiation theories focus on descriptions of various factors that influence the outcome of negotiations. Although the relationship between these factors and the outcome of the negotiation cannot be denied the result of the negotiation is clearly not predetermined but is worked out during the...

Human decision making by professionals trading daily in the stock market can be a daunting task. It includes decisions on whether to keep on investing or to exit a market subject to huge price swings, and how to price in news or rumors attributed to a specific stock. The question then arises how...

Despite intense research on intractable conflicts their dynamical properties are not well understood, and in many respects they appear paradoxical. The defining characteristic of intractable conflicts is stability and resistance to intervention, yet this stability is maintained by underlying...

This study investigates the low-price effect on the Polish stock market. By adopting sorting, cross-sectional tests and checks of the monotonic relation, we have examined the performance of the portfolios formed on the prices of over 850 companies listed on the Polish stock market within the...

Prospect theory implies that assets with positively skewed returns should be traded at premium to assets with negative skewness. We hypothesize that in the integrated financial markets this concept should also hold for the entire country equity portfolios. This article examines the linkages...

Proving the existence of speculative financial bubbles even a posteriori has proven exceedingly difficult[1-3] so anticipating a speculative bubble ex ante would at first seem an impossible task. Still as illustrated by the recent turmoil in financial markets initiated by the so called...

It is hard to overstate the importance that the concept of symmetry has had in every field of physics, a fact alluded to by the Nobel Prize winner P.W. Anderson, who once wrote that “physics is the study of symmetry”. Whereas the idea of symmetry is widely used in science in general, very...

Non-Equilibrium Social Science & Policy -- Economics -- Social Psychology and Narrative Economy -- Sociology and Non-Equilibrium Social Science -- Geography far from Equilibrium -- Cities in Disequilibrium -- The Evolutionary Theory of Globalization -- Systems, Networks, and Policy -- Towards a...