Strategies for Retailers Fighting Price Wars

(PhysOrg.com) -- All retail companies want to maximize their profits, while at the same time maintaining high market share compared with their competitors. One way to do this is by promising to offer the lowest prices in ...

What's fair?: New theory on income inequality

The increasing inequality in income and wealth in recent years, together with excessive pay packages of CEOs in the U.S. and abroad, is of growing concern, especially to policy makers. Income inequality was identified as ...

Psychology influences markets, research confirms

When it comes to economics versus psychology, score one for psychology. Economists argue that markets usually reflect rational behavior—that is, the dominant players in a market, such as the hedge-fund managers who make ...

The reason we lose at games

If you have ever wondered why you never seem to win at skill-based games such as poker or chess, there might be a very good reason. Writing in PNAS, a University of Manchester physicist has discovered that some games are ...

Sony PS Vita gets world launch in Japan

Technology giant Sony on Saturday held the world launch of its next-generation PlayStation Vita handheld console in Japan, as the company aims to take a bite out of the growing smartphone games market.

Social gaming a big winner in smartphone boom

More virtual livestock looks set to be traded and petulant fowl hurled at targets as social gaming takes hold in the booming mobile phone market, industry experts say.

Nintendo 3DS game system gets momentum in US

Nintendo on Tuesday announced that it sold more than four million of its sophisticated 3DS handheld videogame gadgets in the United States by end of 2011.

Nevada adopts rules for Internet poker licenses

(AP) -- Nevada gambling regulators on Thursday unanimously approved rules that allow companies in the state apply for licenses to operate poker websites, a move that puts Nevada in a position to capitalize if Congress reverses ...

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