Mathematical molding disappeared in the changeover from methods to specify causal mechanisms of business cycles to methods to identify economic structures, that is, invariant relationships underlying the workings of an economy. Mathematical molding could fulfill its role in modeling business...

This paper investigates the determinants of grades achieved in mathematics by first year students Economics. We use individual administrative data from 1991 to 2005 to fit an educational production function. Our main findings suggest that good secondary school achievements and good maths skills...

This paper studies single equation models for binary outcomes incorporating instrumental variable restrictions. The models are incomplete in the sense that they place no restriction on the way in which values of endogenous variables are generated. The models are set, not point, identifying. The...

Evolutionary algorithms have attracted more and more the attention of economists in recent years. Repeatedly it is claimed that they are an adequate tool to describe learning processes within a population of individuals. The present paper examines this claim. To this end, a learning model is set...

Low-carbon hydrogen is a promising option for energy security and decarbonization. Cooperation is needed to ensure the widespread use of low-carbon energy. Cooperation among hydrogen supply chain (HSC) agents is essential to overcome the high costs, the lack of infrastructure that needs heavy...

Stochastic frontier models commonly assume positive skewness for the inefficiency term. However, when this assumption is violated, efficiency scores converge to unity. The potential endogeneity of model regressors introduces another empirical challenge, impeding the identification of causal...

Our research aims to reveal the key social, economic, and other factors behind the common fertility trends of the CEE countries compared to the rest of Europe over the past decades. A panel analysis was conducted to examine the main (social and economic) determinants of the total fertility rate...

A matematika tanszék rögös utat járt végig az elmúlt harminc évben, azonban mind az oktatás, mind a kutatás magas színvonalú megvalósításában ez nem volt akadály. A tan­szék történetének áttekintéséhez interjút készítettünk és ennek kapcsán beszélgettünk az...

The nucleolus offers a desirable payoff-sharing solution in cooperative games, thanks to its attractive properties-it always exists and lies in the core (if the core is nonempty), and it is unique. The nucleolus is considered as the most `stable' solution in the sense that it lexicographically...