This paper is focused on the theory of optimal taxation applied to environmental regulation. The first part summarizes the current state of knowledge in this field, especially it concentrates on the so called double dividend hypothesis. The second part of the paper defines the concept of triple...

Európske stratégie v rámci spoločnej dopravnej politiky Európskej únie obsahujú súbory opatrení navrhovaných Európskou komisiou s cieľom zvýšiť kvalitu, bezpečnosť a konkurencieschopnosť jednotlivých druhov dopravy. Tento článok sa zaoberá tak cieľmi a opatreniami Bielej...

Panel data are specific data where cases are observed at two or more time periods. This approach brings many advantages: larger dataset, decreasing collinearity between exogenous variables and using advanced econometric models. The panel data models were applied to data from the Household Budget...

The power-generation industry offers numerous opportunities to apply real options. This paper uses current empirical market data to estimate the value of flexibility in the Czech energy sector, which can serve to compare available technologies, and support various investment decisions. The model...