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One of the key assumptions of neoclassical economics is the existence of the rational individual, who always tries to maximize his or her utility. The paper shows possibilities of experimental evaluation of this hypothesis with respect to the various groups of people who undertake the...
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Paper outlines economic connections of labor market discrimination. It is intended on discrimination based upon gender, because this type of discrimination is on the point of our social background. In the introductory part are defined discrimination and delineated the various types of...
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The key question of the presented thesis is what precisely economic nationalism means. The author uses the situation in Czechoslovakia between the two world wars as a background of her examination of both its dimensions, economic and nationalistic. She points out several problems arising from...
Persistent link: https://www.econbiz.de/10005036650
A social rate of discount is an important variable for cost-benefit analysis. Its size can be crucial for an approval (or disapproval) of the project under evaluation, therefore it is important to have a theoretically founded estimate of the discount rate. There are two main approaches to...
Persistent link: https://www.econbiz.de/10008553107
The authors' approach to the ethical and political aspects of inter-temporal interactions is the following: 1) Two representative agents Ra and Râ are analyzed and asymmetries in their wealth and voting powers are dealt with by a the text-book tool of a welfare function - its intra and...
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