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Martinez-Legaz, Juan Enrique; Soubeyran, Antoine - Departament d'Economia i Història Econòmica, … - 2003

We present a model of learning in which agents learn from errors. If an action turns out to be an error, the agent … an acceptable solution is asymptotically reached. Moreover, one can take advantage of big errors for a faster learning. …

Persistent link: https://www.econbiz.de/10005572182

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

This paper presents results of repeated economic lab experiments. They were designed to test a model of combinatorial auctions on the case of providing financial support (capital investment subsidies) to polluters. Combinatorial auctions are those auctions in which bidders can place bids on...

Persistent link: https://www.econbiz.de/10009147148

Managing quality of the educational process

Cahlík, Tomáš; Marková, Jana - In: Politická ekonomie 2009 (2009) 1, pp. 3-20

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

Transactions cost and boundary of the firm

Vitík, Robert - In: Ekonomika a managment 2008 (2008) 3

This paper presents the basics of the Transaction cost theory (TCT) and shows it's contribution to the Theory of the firm by the view of the new institutional economics. In the first part, author presents resources and presumptions of the TCT mainly by O. E. Williamson. The theory is based on...

Persistent link: https://www.econbiz.de/10009401149