In this paper we construct a supply function of university education, i.e. the dependence of the supply (the number of places for students) on its price, i.e. on the revenue of university (either from scholarship or from state support) per student. We derive our results from an optimization...

The impact of different financing alternatives on two simple models of the university system is analysed in this paper. Both models are agent - based, the reason is that we analyse a system of heterogeneous universities instead of a representative university. Models differ in the rules for the...

This article focuses on common and different attributes of education and health from economic and social perspective. Education and health are not usually analyzed together so this could be considered to be an innovative approach. Article contains knowledge which reflects empirically known...

The impact of different financing alternatives on dynamic model of the university system is analysed in this paper. Model is agent – based, the reason is that we analyze a system of heterogenous universities instead of a representative university. Heterogeneity of universities is not in...

This study investigates the relationship between wages and risks of work-related fatalities in the Czech labour market. To prove this relationship, we followed the theory of compensating wage differentials and the theory of hedonic prices. Using data from 2007 Czech labour survey, we...