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The aim of this paper is to introduce roots of multi-agent approaches in economic theory. From the beginning, the opinion that economic system should be investigated on the basis of comprehension to its basic units was expressed by many scientists. Friedrich A. Hayek and Herbert A. Simon are two...
Persistent link: https://www.econbiz.de/10005036628
The social responsibility concept is quite broad and relies on three pillars - economical efficiency, environmental responsibility and social involvement. In recent years we have lived in a world of rising interest in the isssues of social responsibility, that is supported not only by the...
Persistent link: https://www.econbiz.de/10009401124
carrot and monitoring as a stick. These two instruments can be mutually substitutable. The more costly the supervision is … individual employee is not only the labour productivity, which is usually considered, but the degree of monitoring costs as well …
Persistent link: https://www.econbiz.de/10005036625
The paper focuses on selective investment incentives, which are aimed primarily to attract foreign direct investment, in the context of the new EU Member States, namely the Czech Republic, Hungary, Poland and Slovakia. We discuss the issue within three closely related dimensions. We point to a...
Persistent link: https://www.econbiz.de/10005036621
The paper works with assumptions, that the conclusions of mainstream approaches to the growth theory are problematical; there are alternative social-economic approaches to the theory of economic growth that offer more plausible explanations of the fundamental economic questions than the...
Persistent link: https://www.econbiz.de/10008545881
The aim of this paper is to describe the current situation of the least developed countries (LDCs). After briefly explaining their historical development, this paper presents the current definition criteria for LDCs as well as their up-to-date list. The position of the LDCs within the...
Persistent link: https://www.econbiz.de/10005036328
Empirical research on the differences between unit values in the EU's trade with the Czech Republic and the intra-EU average has shown a significant changes. The comparative level of manufacturing products imported from the Czech republic has increased, the comparative level of products exported...
Persistent link: https://www.econbiz.de/10005036595
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Persistent link: https://www.econbiz.de/10003950657