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Choice between the Discrete and Continuous Models in Economic Applications and Its Implications

Kadeřábek, Petr - In: Acta Oeconomica Pragensia 2005 (2005) 1, pp. 21-26

When building a dynamic model we express an impact of past on future state variables. We usually know if the change should be positive or negative and have an idea about a magnitude of the change. But if we express the change with either a difference or a derivative often depends on such...

Persistent link: https://www.econbiz.de/10005036350

The Supply of Foreign Direct Investment Incentives: Subsidy Competition in an Oligopolistic Framework / Nabídka pobídek pro zahraniční investory: Soutěž o FDI v rámci oligopolu [av...

Havránek, Tomáš - Institut ekonomických studií, Univerzita Karlova v Praze - 2007

Jaké motivy vedou vlády k poskytování pobídek zahraničním investorům? Které aspekty nejvíce ovlivňují nabízený objem úlev? Nakolik je mezinárodní „pobídková soutěž“ intenzivní? Jako nástroj zkoumání těchto otázek představíme dva mikroekonomické modely nabídky...

Persistent link: https://www.econbiz.de/10005698682

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 … preferences theory, followed by the critical analysis of Samuelsson´s concept of the revealed preferences. Further the attention … is being paid to the Rothbard´s concept of the demonstrated preferences and unprecedented Becker´s concept of the stable …

Persistent link: https://www.econbiz.de/10009147143

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

Learning from Errors

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 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