In this study, we use two representative surveysto investigate how competition and cooperation relate on the individual level and whether (and how) they associate with educational attainment. Our first result is that the correlation between competition and cooperation is positive and...

In our study, we present the concept of locus of control, a non-cognitive ability that is increasingly researched in economics. We then review the economic literature on locus of control and show that people who believe they are in control of their lives are more successful in many areas of...

In this study, we use two representative surveysto investigate how competition and cooperation relate on the individual level and whether (and how) they associate with educational attainment. Our first result is that the correlation between competition and cooperation is positive and...

In our study, we present the concept of locus of control, a non-cognitive ability that is increasingly researched in economics. We then review the economic literature on locus of control and show that people who believe they are in control of their lives are more successful in many areas of...

Over the past two decades, an enormous amount of work has been done to improve the Expected Utility model. Two areas have attracted major attention: the possibility of describing unforeseen contingencies and the need to accomodate the kind of behavior ref

A tanulmány hozzájárulás kíván lenni a Scitovsky által bevezetett, címben jelzett fogalmak tartalmi tisztázásához, értelmezéséhez. Arra vállalkozom, hogy körüljárjam: pontosan mit is kell (vagy inkább célszerû) érteni árelfogadó/ármeghatározó szereplõk alatt,...

Macroeconomic modelling is a recent development within the rapidly advancing field of agentbased modelling. Like older macromodels macro ABMs must also feature a well-designed consumption-savings block. As the microeconomic ABM literature on savings is non-existent researchers had to resort to...

Macroeconomic modelling is a recent development within the rapidly advancing field of agentbased modelling. Like older macromodels macro ABMs must also feature a well-designed consumption-savings block. As the microeconomic ABM literature on savings is non-existent researchers had to resort to...

This paper uses the complexity of non-competitive behaviour to provide a new justification for competitive equilibrium in the context of extensive-form market games with a finite number of agents. This paper demonstrates that if rational agents have (at least at the margin) an aversion for...