For the estimation of the NAIRU´s development, the slope and the shift of the Phillips curve was applied the system of the methods which are commonly used at the international level. Main contribution of this study is to summarize methods and to compare results for selected countries in the...

The discussion on the use of Genetically Modified (GM) crops has become a tedious issue. It seems that an amicable settlement of the conflicts between those who object the use of GM crops and want a general ban (more or less) on modification of plant and animal genetic resources on the one side,...

Traditional interpretations of politics among nuclear-weapons states–as epitomized by Schellingʹs theory of deterrence through mutually-assured destruction–are less useful in todayʹs proliferation environment than they were during the Cold Warʹs superpower rivalry. As...

We model corruption in a society as a result of bargaining for bribes between private citizens and public officials. We investigate the role that incomplete information with respect to the intrinsic moral cost of one's potential corruption partner plays out in his or her propensity to engage in...

The authors’ theory contributes an alternative domestic politics pathway to traditional bargaining models of war termination. In bargaining models, the rational updating process that produces an overlapping bargaining space can develop a significant lag, which extends the war beyond a...

We model a buyer who wishes to combine objects owned by two separate sellers in order to realize higher value. Sellers are able to avoid entering into negotiations with the buyer, so that the order in which they negotiate is endogenous. Holdout occurs if at least one of the sellers is not...