prices
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The Myth of Lower Prices: Do Multinationals Save Us Money?
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The most commonly cited argument in favor of the expansion of multinational retailers is one of costs and benefits. Proponents argue that the cost of the proliferation of multinational corporations—displacing local retailers who create more employment per dollar of sales—are outweighed by the benefit of lower retail prices. However, the…
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Cheap Talk and the Economics of Negotiation
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Empirical research shows that impatient sellers use round numbers to signal their willingness to cut prices in order to sell more quickly.
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What Drives Oil and Gas Company Stock Prices?
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To what extent do changing energy policies contribute to the volatility in oil and gas companies’ stock returns?