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This work is based on Prospect theory, which was developed by D. Kahneman and A. Tversky in 1979. This is one the most quoted and best-documented point of view in economic psychology. First of all, it replaces, once again, the notion of utility with value. But value is defined in terms of gains...
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them for stimulating the emergence of alternative methods of financing business operations and cooperation in production …
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Seen from migrants’ point of view, migration exceeds in good parts, usually forgetting the negative aspects. At the state level, however, shows that migration and development are mutual relations. The main discrepancy developed between a developed North and a developing South does not...
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The study is beginning with some statistical data illustrating that the intellectual lies among the branches of the social sciences are very weak.
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This work presents the optimal resource allocation within a E economy with n goods, I consumers and q producers. For the given economy, it is determined a competition equilibrium with public goods and its Pareto optimum is verified. Two types for financing the public goods production also proposed.
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Improving the performance of public sector is the goal that is high on the policy agenda in almost all industrialized countries. Policy makers in individual countries are increasingly aware of the need to know how they are doing relative to the competition. But, the measuring public performance...
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