Showing 1 - 10 of 48
This paper describes the main theoretical concepts of the competition, which is thought to be the fundamental social … process in the economy. The protection of competition (or the competition policy) is the one of the most important parts of … economic policy, because the competition ensures the freedom of choice. The theory of competition provides large number of …
Persistent link: https://www.econbiz.de/10005036608
The core aim of this paper is to suggest comprehensive definition of the information economy and delineate the range of economic problems it deals with, paying particular attention to its connections to the economics of information. The text, in the extent provided, can not investigate...
Persistent link: https://www.econbiz.de/10005036629
The paper deals with equilibrium real price of a fixed asset in a growing economy. The supply of this kind of assets is by assumption fixed. Land or unique works of art are probably their closest empirical counterparts. Economic growth is manifested by a systematic increase in the real price of...
Persistent link: https://www.econbiz.de/10005036700
Panel data are specific data where cases are observed at two or more time periods. This approach brings many advantages: larger dataset, decreasing collinearity between exogenous variables and using advanced econometric models. The panel data models were applied to data from the Household Budget...
Persistent link: https://www.econbiz.de/10005036358
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
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
The short characteristics of the transport economics and transport system. The assumed development of the demands and … supllies of the transport. The transport services like the factor of the development of society and companies. The … specification of the necessary level of the transport services in society. The objective of this article is to create the decision …
Persistent link: https://www.econbiz.de/10009398928
European Union Member States with a focus on the energy and transport sectors. After making an overview of CO2 taxation, the … application in both the energy and transport sectors. The authors deal with all taxes that have their current tax base based on CO …
Persistent link: https://www.econbiz.de/10008500683
The short characteristics of the transport economics and transport system. The assumed development of the demands and … supllies of the transport. The transport services like the factor of the development of society and companies. The … specification of the necessary level of the transport services in society. The objective of this article is to create the decision …
Persistent link: https://www.econbiz.de/10005036409
well developing Czechoslovak - West German trade and transport cooperation. In the period 1968-1989 the Czechoslovak share … different power-political and ideological development, in Czechoslovak - West German economic and transport relations, efforts …
Persistent link: https://www.econbiz.de/10005036440