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tourism. Since the TICs perform a prominent role in destination marketing management, the quality of their services seems to …
Persistent link: https://www.econbiz.de/10009294293
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...
Persistent link: https://www.econbiz.de/10005036644
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...
Persistent link: https://www.econbiz.de/10005036675
This paper pits expected utility theory and cumulative prospect theory against each other as regards their descriptive accuracy. Some older as well as newer pieces of evidence are described which show that under certain circumstances, expected utility theory is not descriptively valid. The most...
Persistent link: https://www.econbiz.de/10005698647
This paper summarizes the major events in the recent history of modelling human decisions under risk. After presenting the basics of expected utility theory, the key pieces of evidence are described which showed that under certain circumstances, this theory is not descriptively valid. The most...
Persistent link: https://www.econbiz.de/10005673608
While the significance of tourism for the Czech Republic's economy is relatively high, it is far from being the … tourism in the gross value added has been steadily declining, similarly to the ratio of tourism revenue to the gross domestic … product. The year 2008 saw these values hitting a bottom as a result of the overall stagnation of tourism in the European …
Persistent link: https://www.econbiz.de/10009371710
This paper deals with relations between Czechoslovakia and Germany in the sphere of tourism. The interwar period was a … decline in the German visit rates in the 1930s. Besides the economic depression, the tourism between Czechoslovakia and … isolating economies. Tourism helped the settlement of frozen outstanding debts. Tourism also played this new role between …
Persistent link: https://www.econbiz.de/10008500690