Swedish economists have received impulses from historical or institutuionalist sources on many occasions. A couple of these economists, Gunnar Myrdal and Johan Åkerman, received obvious impulses from American institutionalism. This article deals with the case of Åkerman. To attempt a...

A model of an oligopolistic market with a homogeneous product is examined. Each subject of the model uses a conjecture about the market response to variations of its production volume. The conjecture value depends upon both the current total volume of production at the market and the subject's...

The paper presents that standard methods for estimating effectiveness of capital investment projects are deterministic. Uncertainty and risks are introduced and declared but not described with proper terminology. As far as large capital investment projects are concerned, of which implementation...

Strategy games are a popular part of today's management training in education and business. Complex economic interrelationships can be illustrated and interdependencies of economic decisions can be more easily understood. Most business games work with a discrete time model, i.e., decisions are...

Strategy games are a very popular part of today’s management training in education and business. Complex economic interrelationships can be illustrated and interdependencies of economic decisions may be better understood. Most of the business games work with a discrete time model, i.e....

Today, more than ever, managers are called to solve the problems facing the economy at the beginning of the third millennium, and on this basis, to solve many social problems of humanity. Also, the business world moves today in a very rapid pace and less ordered. This has a direct implication:...

The research objective is to shed light on the structural adjustment process of farming enterprises in Switzerland. To this end, an analytical tool is developed which allows us to identify the most important influencing factors and to estimate in advance their effects on the structural...

Publicly funded competence centres have gained high recognition for improving science-industry collaboration. With the requirement for long-term and geographically concentrated R&D, competence centres provide an environment for joint learning and transfer of “sticky” knowledge. The objective...

Behavioural economics highlights the role of social preferences in economic decisions. Further, populations are heterogeneous, suggesting that the composition of social preference types within a group may impact the ability to sustain voluntary public goods contributions. We conduct agent-based...

To reduce overpopulation around Seoul, Korea, the government implemented a relocation policy of public officers by moving the government complex. This implies that there will be a negative impact on the suburban area that originally hosted the complex, but we do not know the magnitude of the...