The paper is dealing with the problem of relationship between the rate of competition and final prices in the public procurement. This issue is analysed on the sector of infrastructure buildings in the Czech Republic. The main goal of the paper is to verify the relevance of the hypothesis, that...

The paper is dealing with the problem of so called "municipal" firms. I define them as the firms, which are based on commercial law but are owned by municipalities. The municipal firms are often used for providing services in the Czech Republic. However, this type of firm is connected with a lot...

The paper contains a descriptive analysis of selected interdisciplinary research methods developed for the study of complex socio-ecological systems (climate change problems in particular). Institutional analysis and participatory methods of social consensus are in the centre of the focus.

This paper starts with discussion about enhanced and frequently used conceptions of free markets, market failures and market primacy. There are pointed some simplifications due to the man should be prospective while using them, especially in applied economics. We have no positive definition of a...

The paper is concerned with pension reform in the Czech Republic and abroad. It argues against two opinions: on the one hand, that it is not necessary to do anything, and on the other hand, that a mandatory funded system should be implemented. Both approaches are false, because of creating...

This paper inquires into beginnings of a gift economy as well as related contemporary institutions. Gift economy and the gift as a complex phenomenon was a common base for institutions of markets, credits, taxation, alms or social security. Inquires of origins, development and contemporary forms...

The text deals with claimants approaching to insolvency proceedings in decisions by courts. It focuses on the application of the Civil Proceedings Act to insolvency proceedings, especially problems of approaching insolvency proceedings. It also reflects the incorrect application of law in the...

Federation is one type of state characterised by a contractual and constitutional structure, multilevel power redistribution, a written constitution, and duality of power. Federalism is a philosophy and a political instrument enabling a federation to function. The principle of federalism is an...

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...

The article is based on the thesis that institutional quality influences the economic performance. From this point of view under certain circumstance the government policy is able to increase efficiency and performance of economies through creation, maintenance and cultivation of appropriate...