The deterministic and stochastic versions of the resource allocation problem have already been discussed in the literature. The goal of this contribution is to formulate optimization models applicable to the problem of resource allocation under uncertainty, which signifies that profits resulting...

The aim of this article is to present empirical estimates about the impact of human capital on labor productivity growth in the case of Slovenia. Instead the conventional methodology the methodology principally aimed at estimating the real convergence of labor productivity was used. The basic...

The objective of this paper is to analyse the intergenerational transmission mechanisms within a theoretical framework which presumes a heterogeneous family structure. For that, we propose a modified version of the Becker and Tomes model (1986) by assuming that there are two groups of children:...