WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Acceptance Rate: 22.04% (for the years 2012 to 2025)
Editorial Board
Editor-in-Chief

Dist. Prof. Michael N. Katehakis
INFORMS (Institute for Operations Research and the Management Sciences) Fellow
Management Science and Information Systems Department
Rutgers University
NJ, USA
E-mail: mnk@business.rutgers.edu
Co-Editor-in-Chief:
Prof. Tarek Saadawi
City University of New York
USA
E-mail: saadawi@ccny.cuny.edu

Prof. Klimis Ntalianis
University of West Attica,
Egaleo, Athens, Greece
E-mail: kntal@image.ntua.gr,
Kntal@uniwa.gr

Prof. Bruno Antonio Pansera
Department of Law, Economics and Human Sciences & Decisions_Lab,
University Mediterranea of Reggio Calabria, Reggio Calabria (RC), Italy
E-mail: bruno.pansera@unirc.it
Associate Editors:
Prof. Oliver D. Hart
Department of Economics
Harvard University
Littauer Center 220
Cambridge MA 02138
USA
E-mail: ohart@harvard.edu
Prof. Liran Einav,
579 Jane Stanford Way
Stanford University
Stanford, CA 94305-6072
USA
E-mail: leinav@stanford.edu
Prof. Bengt Holmstrom,
MIT Department of Economics
The Morris and Sophie Chang Building
50 Memorial Drive
Building E52, Room 512
Cambridge MA 02142-1347
E-mail: bengt@mit.edu
Prof. Arleen Leibowitz,
Department of Public Policy
UCLA School of Public Affairs
University of California, Los Angeles, USA
E-mail: leibowia@luskin.ucla.edu
Prof. Gerhard Clemenz,
Department of Economics
University of Vienna
Bruenner Strasse 72
1210 Vienna, Austria
E-mail: gerhard.clemenz@univie.ac.at
Prof. Sankaran Venkataraman,
Professor of Business Administration
University of Virginia,
Charlottesville, Virginia, USA
E-mail: VenkatS@darden.virginia.edu
Prof. Heather Antecol,
Vice President for Academic Affairs/Dean of the Faculty
Boswell Professor of Economics
Claremont McKenna College
Robert Day School of Economics and Finance
500 E. 9th Street
Claremont, CA 91711
E-mail: heather.antecol@claremontmckenna.edu
Prof. Charles W. Stanley,
Baylor University
Waco, TX 76706,
Texas, USA
E-mail: Charles_Stanley@baylor.edu
Prof. Ricardo Gouveia Rodrigues, University of Beira Interior, Portugal
E-mail: rgrodrigues@ubi.pt
Biswa Nath Datta, Distinguished Research Prof., Northern Illinois University, De Kalb, Illinois 60115, USA
E-mail: dattab@math.niu.edu
Prof. Panos Pardalos, University of Florida, Gainesville, Florida, USA
E-mail: pardalos@ufl.edu
Prof. Gamal Elnagar, University of South Carolina Upstate, Spartanburg, SC, USA
E-mail: gelnagar@uscupstate.edu
Prof. Mark J. Perry, University of Michigan-Flit, USA
E-mail: mark.perry@aei.org
Prof. Igor Kuzle, Faculty of Electrical Engineering and Computing, Zagreb, Croatia
E-mail: igor.kuzle@fer.hr
Prof. Glenn Loury, Brown University, USA
E-mail: glenn_loury@brown.edu
Prof. Gheorghe-Daniel Andreescu, "Politehnica" University of Timisoara, Romania
E-mail: daniel.andreescu@aut.upt.ro, daniel.andreescu@upt.ro
Prof. Gang Yao, University of Illinois at Urbana - Champaign, USA
E-mail: gangw@illinois.edu
Prof. Lu Peng, Luisian State University, Baton Rouge, LA, USA
E-mail: lpeng@lsu.edu
Prof. Pavel Loskot, Swansea University, UK
E-mail: p.loskot@swansea.ac.uk
Prof. Shuliang Li, The University of Westminster, London, UK
E-mail: s.li@westminster.ac.uk

Τhis Journal is published in collaboration with the
University of West Attica, Athens, Greece




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Welcome message from the Editor-in-Chief
I would like to welcome you to WSEAS Transactions on Business and Economics. A Scopus indexed journal. WSEAS is widely recognized as a legitimate, well-established academic publisher. Many WSEAS journals are indexed in Scopus, Scimago, EI Compendex, IET, ProQuest, EBSCO, Scilit etc. As of 2020–2025, 15 WSEAS journals are active in Scopus.
WSEAS implements a strict, often slow, double-blind peer-review process (frequently involving 3–6 reviewers). We require authors to sign a certificate confirming that they have received a thorough, rigorous peer review, and this certificate is published alongside the paper. We maintain high rejection rates, with reports suggesting around 20–25% acceptance in some journals. WSEAS provides clear, public information regarding its editorial board, review times, and fees. The academic ethics of WSEAS are founded on principles of scientific integrity, rigorous peer review, transparency, and equal treatment of authors and reviewers. As an international academic organization focused on the organization of conferences and the publication of peer-reviewed journals, WSEAS emphasizes that scholarly work must be evaluated solely on its scientific merit, originality, methodological soundness, and contribution to knowledge, independent of nationality, institutional affiliation, gender, or political considerations. A core element of WSEAS academic ethics is the implementation of a structured and documented peer-review process. Submitted manuscripts are evaluated by independent experts in the relevant field, and editorial decisions are based on reviewers’ reports and scientific criteria rather than financial or personal considerations. Reviewers are expected to maintain confidentiality, avoid conflicts of interest, and provide objective, constructive, and evidence-based feedback. Authors, in turn, are required to submit original work, properly cite sources, avoid plagiarism, self-plagiarism, and data fabrication, and disclose any potential conflicts of interest. WSEAS also promotes publication ethics aligned with internationally recognized standards in academic publishing. Ethical requirements include clear authorship criteria, prevention of duplicate submissions, transparency in corrections and retractions when necessary, and the maintenance of accurate academic records. Any allegation of misconduct—such as plagiarism, falsification of data, unethical experimentation, or improper authorship—is subject to investigation, and corrective actions are taken in accordance with established editorial policies. Another important ethical dimension of WSEAS is its commitment to academic freedom and open scientific dialogue. Researchers from different countries and disciplines are encouraged to present diverse viewpoints, provided that their work adheres to scientific methodology and professional standards. Conferences organized by WSEAS are designed to facilitate respectful scholarly exchange, where ideas are debated on the basis of evidence and logic. Furthermore, WSEAS supports transparency in editorial operations, including clear information about editorial boards, review procedures, and publication policies. Ethical responsibility extends to the fair management of conference proceedings, proper indexing practices, and the preservation of the scholarly record. The organization maintains that maintaining high editorial standards and a rigorous evaluation framework protects both authors and readers and contributes to the credibility of the published research.
Best Regards
The Editor-in-Chief
News for our Readers
We have found an interesting web site: Ninite.com
Ninite.com is a website that helps users quickly install or update many common Windows programs at once. It works as a package-management and software installation service: instead of downloading each application individually from different websites, the user selects the programs they want on the site and downloads a single custom installer that installs them all automatically. Ninite was created by developers Patrick Swieskowski and Sascha Kuzins and is operated by the company Secure By Design Inc..
The main idea behind the service is simplicity and safety. On the website you choose applications (such as browsers, file compression tools, messaging apps, or development tools) and then download a small executable file. When this installer runs, it automatically downloads the latest versions of the selected programs and installs them in the background without requiring manual steps such as clicking “Next” repeatedly. The installer also uses default settings and deliberately rejects bundled extras like toolbars or adware that often come with free software installers.
Another key feature is automatic updating. If you keep the installer file and run it again later, it checks whether any of the programs you originally selected have new versions available and updates them automatically. This is particularly useful when setting up a new computer or reinstalling Windows because it allows a user or IT technician to install many essential applications (such as browsers, media players, or utilities) in a single step.
The service is free for personal use and widely considered trustworthy in the tech community because it downloads the software directly from official sources rather than hosting modified copies. Its clean-install approach and long-standing reputation have made it popular among system administrators and advanced users who frequently set up or maintain computers.
Several websites and tools provide functionality similar to Ninite. One example is Chocolatey, a Windows package manager that installs and manages applications through command-line commands and scripts, often used by developers and system administrators. Another is Windows Package Manager (also known as winget), an official Microsoft tool integrated into Windows that allows users to install and update programs through a centralized package repository.
There are also web-based alternatives that work in a similar way to Ninite by letting users select multiple programs and download a bundled installer. Examples include Patch My PC Home Updater, which focuses on automatic updates and security patches for installed applications, Ketarin, a tool designed to automate downloading the latest versions of software installers, and Snap Store or Homebrew in other operating systems. While these tools vary in interface and complexity, they share the same general goal: simplifying the installation and maintenance of software by centralizing the process and automating updates.
Overall, Ninite.com is best described as a simple automation platform for installing and maintaining common Windows applications. It reduces the time required to set up a computer, minimizes the risk of downloading unwanted bundled software, and allows multiple programs to be installed or updated in one automated operation.