• Asymmetric Information – Adverse Selection Problem 

      Aldea, Anamaria; Marin, Dumitru (Universitas Galatiensis, 2007-01)
      The present paper makes an introduction in the contract theory starting with the definitions of asymmetric information and some of the problems that generate: moral hazard and adverse selection. We provide an insight of ...
    • How Should they Affect Pricing Decisions? Difficult Comparison Effect 

      Micu, Angela Eliza; Micu, Adrian ("Dunarea de Jos" University of Galati, 2007-01)
      In most companies, there is ongoing conflict between managers in charge of covering costs (finance and accounting) and managers in charge of satisfying customers (marketing and sales). Accounting journals warn against ...
    • Information the Invisible Hand of Development and Progress 

      Petrache, Mihaela Cornelia (Universitas Galatiensis, 2007-01)
      The economic, social, cultural evolution of the economic society it is based on the human´s being faculty of inventing and understanding different concepts and notions, on his spiritual activity, often materialized in ...
    • Simulation of an Economic Policy on Second Life Using a Conjunctural Analysis Approach 

      Janvier, Yrina ("Dunarea de Jos" of University of Galati, 2007-01)
      This paper intends to define an economic policy that does not compromise the coordination between the 4 main sectors of an economy: the real sector, the public sector, the exterior sector and the monetary sector. The ...