The impact of different financing alternatives on two simple models of the university system is analysed in this paper. Both models are agent - based, the reason is that we analyse a system of heterogeneous universities instead of a representative university. Models differ in the rules for the...

According to the effective market theory, the stock prize on an effective market is the best estimate of the stock's current value. This is the basic assumption for predictions using experimental markets. This article describes the first experimental market organised in the Czech Republic, the...

Results of a survey concerning the importance of quality management of the educational process among high officials of Czech universities and colleges are summarized in this article. Three of possible methods of quality management in the educational process are described here: Standardization...

George J. Stigler, in his Nobel price lecture of 1982, suggested that the economics of information could be applied to the marketplace of new economic ideas. Economists enter this marketplace ? economic knowledge ? principally on the demand side, where they attempt to distinguish new and...

According to efficient markets theory, the stock price on a competitive market is the best estimate of the stock’s present value. This is the basic assumption for predictions using experimental markets. The first part of the paper describes the features of such an experimental market,...

Migration from poorer to richer countries can produce a vicious circle from a gap in real wages through a gap in human capital causing a gap in productivity causing a gap in real wages again. This circle can be linked with another one (based on the effective wage theory) connecting the level of...

The Czech Council for R&D developed a new version of the Methodic for the Evaluation of R&D. In this paper, we discuss especially three criteria from this Methodic: - publications in impacted journals - publications in other scientific refereed journals - evaluation of publications with more...