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This article focuses on common and different attributes of education and health from economic and social perspective …. Education and health are not usually analyzed together so this could be considered to be an innovative approach. Article … contains knowledge which reflects empirically known dependencies in the area of education and health determinants and …
Persistent link: https://www.econbiz.de/10008754961
In this paper we study three crucial questions of economic decision-making: a) How are the people motivated in the choice of profession (career) and schools? This is also a decision that deals with the criteria for building the human capital of various specialisations. b) Can enterprises rely on...
Persistent link: https://www.econbiz.de/10010322163
In this paper we study three crucial questions of economic decision-making: a) How are the people motivated in the choice of profession (career) and schools? This is also a decision that deals with the criteria for building the human capital of various specialisations. b) Can enterprises rely on...
Persistent link: https://www.econbiz.de/10008736100
This study investigates the relationship between wages and risks of work-related fatalities in the Czech labour market. To prove this relationship, we followed the theory of compensating wage differentials and the theory of hedonic prices. Using data from 2007 Czech labour survey, we...
Persistent link: https://www.econbiz.de/10008754956
This paper summarizes the major events in the recent history of modelling human decisions under risk. After presenting the basics of expected utility theory, the key pieces of evidence are described which showed that under certain circumstances, this theory is not descriptively valid. The most...
Persistent link: https://www.econbiz.de/10005673608
This paper pits expected utility theory and cumulative prospect theory against each other as regards their descriptive accuracy. Some older as well as newer pieces of evidence are described which show that under certain circumstances, expected utility theory is not descriptively valid. The most...
Persistent link: https://www.econbiz.de/10005698647
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