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A closer look at utility maximised by economic agents
Skořepa, Michal - In: Politická ekonomie 2008 (2008) 2, pp. 242-256
implications. The distinction is explained among experienced utility, remembered utility and predicted utility as three candidates … for decision utility. Examples of selected empirical findings are given which show discrepancies, first, between past … experienced utility and remembered utility and, second, between predicted utility and actual future experienced utility. Some …
Persistent link: https://www.econbiz.de/10005036702
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The Nobel Memorial Prize Laureats 2002
Komárek, Luboš - In: Czech Journal of Economics and Finance (Finance a uver) 53 (2003) 5-6, pp. 267-269
The article summarizes the main points discussed at the seminar on The Nobel Memorial Prize Laureates 2002, held by the Czech Economic Association (CEA) in March 2002. There were two main speakers at the seminar: The first was Michal Skoøepa (Czech National Bank and Charles University), who...
Persistent link: https://www.econbiz.de/10008495614
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Economics and Happiness: Why More is Sometimes not Better
Mlčoch, Lubomír - In: Politická ekonomie 2007 (2007) 2, pp. 147-163
The author raises doubts about a sense of "catching up" and an idolatry of HDP´s growth. His argumentation is based on the longitudinal international research of the link "economics-happiness" at the frontier between economics and psychology. The rationality of economic science "more is better"...
Persistent link: https://www.econbiz.de/10005036569
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Mikroekonomické modely trhu s externalitami, zobecněný Coaseho teorém
Hlaváček, Jiří; Hlaváček, Michal - 2008
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
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Mikroekonomické modely trhu s externalitami, zobecněný Coaseho teorém
Hlaváček, Jiři (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003790267
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Theory of Redistribution Systems
Budinský, Petr; Valenčík, Radim - In: Politická ekonomie 2009 (2009) 5, pp. 644-659
Theory of redistribution systems is an application and at the same time extension of Game Theory. It deals with functioning of institutions, establishments, firms and others social systems, in that pay-offs are redistributed in contrast to achievement of individual players. The redistribution is...
Persistent link: https://www.econbiz.de/10008545887
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Theory of Individual Labour Supply Decisions, Selected Applications and Extensions of the Basic Model
Brožová, Dagmar - In: Acta Oeconomica Pragensia 2008 (2008) 4, pp. 56-69
The article deals with a subject s decisions about his individual labour supply. It explains the development of this problem from the cardinalistic point of view, characteristic for marginalistic economists, concerning ordinalistic decision-making between consumption and free time. The gist of...
Persistent link: https://www.econbiz.de/10005036314
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Preference Dilemma in Economics
Vojáček, Ondřej - In: Politická ekonomie 2011 (2011) 3, pp. 345-358
The paper deals with the different concepts of the human economic preferences in the point of view of the different economic schools, which deals with this topic. The paper begins with the description of the neoclassical concept of the preferences theory, followed by the critical analysis of...
Persistent link: https://www.econbiz.de/10009147143
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Are economists different? economic model
Šeneklová, Jitka; Špalek, Jiří - In: Politická ekonomie 2009 (2009) 1, pp. 21-47
maximize his or her utility. The paper shows possibilities of experimental evaluation of this hypothesis with respect to the … various groups of people who undertake the experiment. Our experiments try to (1) Evaluate real outcomes of model situations …
Persistent link: https://www.econbiz.de/10008754965
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Application of Combinatorial Auctions on Allocation of Public Financial Support in the Area of Environmental Protection: Economic Laboratory Experiment
Fiala, Petr; Šauer, Petr - In: Politická ekonomie 2011 (2011) 3, pp. 379-392
bidder can more fully express his preferences. This is particular important when items are complements. In the experiment …. The design of the laboratory experiment is presented in the next section and the results are shown in the last section. …
Persistent link: https://www.econbiz.de/10009147148