This empirical investigation into life satisfaction, using nationally representative German panel data, finds a substantial association with an individual's thoughts about the future, whether they are optimistic or pessimistic about it. Furthermore, including individuals' optimism and pessimism...

This research is focused on realizing a better understanding of the aspects and the conditions that facilitate human traffick in a full transition society, such as the Romanian society. To highlight the characteristics of human trafficking and the actual dimensions of this phenomenon in Romania,...

We frame sustainability problems as bargaining problems among stakeholders who have to agree on a common development path. For infinite alternatives, the set of feasible payoffs is unknown, limiting the possibility to apply classical bargaining theory and mechanisms. We define a framework...

Economic agents are not always rational or farsighted and can make decisions according to simple behavioral rules that vary according to situation and can be studied using the tools of evolutionary game theory. Furthermore, such behavioral rules are themselves subject to evolutionary forces....

This paper aims to capture key features of the Ricardo–Viner (RV) and Heckscher–Ohlin (HO) theories in a single dynamic general equilibrium framework. We use a simple 2-sector 2-factor model with adjustment costs associated with the movement of capital across sectors. We analyze the...