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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
depends on price and income elasticities of the demand for the services. Given these elasticities, an equilibrium price of the …
Persistent link: https://www.econbiz.de/10005036700
This paper presents the basics of the Transaction cost theory (TCT) and shows it's contribution to the Theory of the … TCT mainly by O. E. Williamson. The theory is based on asset specificity. The formal model with the human asset …
Persistent link: https://www.econbiz.de/10009401149
We present a model of learning in which agents learn from errors. If an action turns out to be an error, the agent rejects not only that action but also neighboring actions. We find that, keepng memory of his errors, under mild assumptions an acceptable solution is asymptotically reached....
Persistent link: https://www.econbiz.de/10005572182
Results of a survey concerning the importance of quality management of the educational process among high officials of Czech universities and colleges are summarized in this article. Three of possible methods of quality management in the educational process are described here: Standardization...
Persistent link: https://www.econbiz.de/10005258340
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