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 ...

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 ...

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 ...

New consoles, online games to keep market soaring to 2017

The global video gaming market is set to grow 11.1 percent a year until 2017, boosted by a new generation of consoles and the increasing popularity of online games, according to IDATE digital research and consultancy firm.

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 ...

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.

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.

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