Posted on Leave a comment

When theories emerge from crises

Every theory, while trying to explain the socio-economic phenomena, is affected by the particular era in which it wishes to integrate; one might say that tradition, religion, technology and recent historical events are among the most important elements.

So what … Read more...

Posted on Leave a comment

Probabilities Sensitivity

George and Peter, dear friends for more than 50 years although totally different, are having their morning coffee arguing about life as they have done so many times in the past. George, the more pessimist and introvert between the two, … Read more...

Posted on Leave a comment

Pricing products at ,99 (Part 1)

pricing

Pricing at 9

We’ve all seen a product with a ,99 pricing (for example, a jar of jam at 2,99 euros). These prices are usually overstressed on catalogues, posters, television and websites, with big, vivid numbers. But why does that … Read more...