We study item-pricing laws (which require that each item in a store be individually marked with a price sticker) and examine and quantify their costs and benefits. On the cost side, we argue that item-pricing laws increase the retailers’ costs, forcing them to raise prices. We test this...

We study item-pricing laws (which require that each item in a store be individually marked with a price sticker) and examine and quantify their costs and benefits. On the cost side, we argue that item-pricing laws increase the retailers’ costs, forcing them to raise prices. We test this...

We investigate the timing and the valuation of strategic investment aimed at enhancing entry opportunities in related market segments. As demand is uncertain, entry options should be exercised at the optimal time, trading off the market share gain against the option to wait until more...

I examine how ex ante symmetric firms that compete in prices strategically decide to invest in research and development of cost-reducing technology when the rival firm and the consumers are not aware of the actual outcome of the investment. I also compare the strategic incentive to invest and...

Corporate governance is one of the most important issues to which has been paid attention by big companies due to the massive financial scandals of recent years. Corporate governance includes supervising the company management, separating the economic units from its ownership and protecting...

The relationship between Russia and Romania is very interesting and by analyzing its economical, geopolitical, historical and cultural components one may understand why Russia has a strategic interest in Romania’s key industries like the energy and steel sectors. This paper aims to find some...