This paper analyzes increased risk aversion in the presence of two risks. Necessary and sufficient conditions for increased risk aversion across the domain of the foreground risk are found for changes in both the foreground and background risks. Preferences that satisfy the necessary and...

We consider the variable coefficient inhomogeneous nonlinear diffusion equations of the form xput=[xqunux]x. We present further transformation properties for this nonlinear class of equations that do not appear in the literature. In particular, we map this class of variable-coefficient into...

Changing socio-spatial patterns in Marseilles are redefining the scales of segregation and entailing diverging trends in the city?s school districts. A wide range of interviews and the analysis of data from the city?s ?pupil database? have allowed us to evaluate the role of ?contexts? in the...

This paper presents the first results of a research project which has the aims to identify the problems appearing during the preparation of mergers in compliance with valid Czech regulations and to analyze economic causes and consequences of mergers. At the first stage it was necessary to...

The financial system of the country after the destruction of the administrative management has become the main regulatory institution of the reproduction process on macro-, meso - and microeconomic levels and formed with account of the realities of globalization. At the same time, the financial...