We investigate whether growth in consumer income causes an increased willingness to pay to mitigate negative externalities from consumption. Correlational field evidence suggests a positive relationship between income and social responsibility. To investigate a causal link, we conduct a...

Linear fractional stable motion is a type of a stochastic integral driven by symmetric alpha-stable L´evy motion. The integral could be considered as a non-Gaussian analogue of the fractional Brownian motion. The present paper discusses R package rlfsm created for numerical procedures with the...

This paper aims to illustrate the working and business environment of professional fine artists and to identify the factors to successfully make a living in the arts as both market challenges and success factors have not yet been clearly identified in literature. The identification of artists'...

The aim of our contribution is to present an innovative instrument to teach macroeconomics at the undergraduate and master level. We develop a digital learning platform to present and explore some controversies at the very foundations of macroeconomic theory. For this purpose, we explicitly...

This article aims to define crucial skills for the entrepreneurial success of working fine artists as these skills have not yet been clearly identified for this professional group. The identification could be beneficial for artists' entrepreneurship education at higher education institutions...

Abstract The game Pass the Pigs® offers students in statistics to practice a lot of statistical concepts and methods in a coherent way. In this paper a probability model is derived based on assumptions of the data generating process. A previously suggested strategy of maximizing the expected...

Online teaching and online learning have been studied for many years with focus on both the inputs and outputs, but seldom on outcomes such as the well-being of the students and/or teachers. Therefore, we already know that good outputs in forms of grades are strongly correlated with a clear and...

Student achievements are expected to be affected by both educational activities and learning during a course and previous teaching and learning, and earlier eligibility requirements. Using data from a quasi-experimental retrospective study, we estimated the effect on exam scores in an...

The study's aim is to show whether and to what extent services of entrepreneurial value will be provided by arts incubators to nurture fine artists to meet market requirements to make a living in the arts. In order to achieve this aim, the study is previously focused on the clarification of the...

Considerable evidence demonstrates that significant dispersion exists in the prices charged for seemingly homogeneous goods. This paper adopts a simple, flexible equilibrium model of search to investigate the way the market structure influences price dispersion. Using the noisy search approach,...