The purpose of the present research is to discover and to understand young people’s touristic behaviour. We investigated the process of planning a trip, the perception about travel agencies and about Internet using qualitative methods. The aim of this paper is also to establish how important...

This paper provides a critical analysis of the strategic trade policy, in terms of limitations and difficulties involved in its implementation. Even there are many arguments used by its supporters for justifying the importance of this type of measures, it is impossible for the state to formulate...

The purpose of this paper is related to the idea of providing the theoretical and empirical findings in the literature about the E-Tourism concept. The objective of the paper is resumed to the influence that new IT&C technologies developed during the last decade of the past century, starting the...

The aim of this paper is to highlight the main aspects regarding the rational choice theory in neo-institutionalism, and the role the EU Neighbourhood Policy has nowadays. The protagonist of the rational choice theory in the new institutionalism remains homo-economicus. The theory of rational...

The purpose of the research is to reveal the young tourists preferences in the process of planning a trip. Sources of information used, the utility of Internet/travel agencies in planning travel trip activities, preferred means of transportation and types of accommodation are investigated. As...

This article approaches the problem of soft drugs legalization, from a liberalist point of view, underling the impact that this will have on Romania. Each year, in Romania, the number of soft drug users is increasing. Drug consumption exists and it will continue to exist, Romania being able to...

Traditionally, U.S. and E.U. are the major economic forces in the world. Today, in the context of economic globalization, relations between the U.S. and E.U. continue to guide the world. Yet the economic crisis and the rise of third world countries are affecting their global share.

In this paper we analyze the volatility of the 3 most traded stock options at NYSE Euronext Exchange Amsterdam, between January 2009 and May 2011, in order to identify the best models that explain the evolution of options volatility. Based on the analysis of the phenomena, we determine models...

The EU economy is experiencing a severe recession amid the global crisis, and although in other regions began to appear mild signs of recovery, in EU countries are recorded a continuously worsening. In many European states, the economic contraction is a consequence of the decrease in net exports...

Options’ volatility forecasting represented, in the last decades, a very interesting and frequent domain of research in financial econometrics due to its importance in option pricing, portfolio selection, risk management and other financial activities. The aim of this study is to realize a...