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Three original microeconomic models of an externality market are described: (1) model of the marketable permits for exhalations emission, (2) model of optimal financial satisfaction of a damage caused by a negative externality in the economy with agents maximizing probability of their survival...
Persistent link: https://www.econbiz.de/10010322187
The theory of endogenous money supply forms one of the cornerstones of Post Keynesian economics. It has been developing rapidly during the last twenty years, but is still neglected as a theoretical background for practical central bank policy. This may be (among other reasons) due to the...
Persistent link: https://www.econbiz.de/10010322224
The paper reviews (in Czech) the main qualitative tools applied by (micro)economic analysis and surveys the main literature on the topic. Economics is often being criticised by its opponents for the use of unrealistic assumptions. On the contrary, my claim is that if economics has anything to...
Persistent link: https://www.econbiz.de/10010322316
Persistent link: https://www.econbiz.de/10000835883
Persistent link: https://www.econbiz.de/10000835884