The paper analyzes an important part of the institutional quality - regulation and studies relation between the regulatory environment and the bureaucratic barriers. The analysis is based on theoretical models of the comparative institutional economics. In the paper, we discuss possibilities of...

This paper shows results of comparison of the original theoretical conception of modeling human decisions under risk with two well known models. In the paper the demand function for insurance is constructed for the model of maximization of the probability of agent’s (economical) survival. This...

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...

The St Petersburg paradox could be used as an extreme demonstration of the utility function cardinalisation in case of stochastic utility. In this article we reassume the von Neumann and Mongernstern explanation to this paradox based on the risk aversion expressed by the strict concavity of the...

V článku navrhujeme tři metody přepočtu hlasů na mandáty pro volby do Poslanecké sněmovny Parlamentu ČR (PS PČR) založené na metodách matematického programování. Důvod pro jejich zavedení spatřujeme v tom, že běžně používané metody přepočtu hlasů na mandáty často...

The economic theory of the last decades deals with how certain models of institutions and incentives could improve the coordination of individual actions in society. Setting rules regulating relationships between economic agents is considered as the key requirement of such coordination....

Czech Abstract: Cílem kvalifikační práce je vysvětlení řešení problému korupce z pohledu dvou ekonomických teorií a nalezení řešení problému korupce, které by bylo platné pro obě vysvětlené ekonomické teorie. V metodologické části je argumentováno ve prospěch...