How can we explain why cognitive biases are not wiped away by natural selection? Can other-regarding agents evolve out of self-regarding agents? This article develops a model of the co-evolution of morality (i.e. tendency to internalize externalities of one's own actions) with overconfidence...

The article explores prospects of adopting the euro in the Czech Republic. Interests and arguments of important stakeholders are discussed, concluding that reasons for diverging attitudes result from conflicting particular economic interests and political preferences on the future course of...

The article contests an argument that the creation of a capital market in educational "human capital" and subsequent voluntary transactions on this market are sufficient to create equal opportunities in education, consequently reducing the income premium enjoyed by households with higher initial...