Risk aversion is among the most advertised and complex factors influencing a decision, but it is itself subject to an intricate complex of both objective and subjective factors. The present paper set out to investigate some of the factors that would have appeared obvious in influencing attitudes...

The purpose of this paper consists in modelling as a multi-attribute decision making problem the process of selecting the best financing alternative for the acquisition of a car out of the following financial alternatives: bank loan, financial leasing, rates or even paying cash, although mostly...

The LIFE programme was adopted in 1992 to support the implementation of Community policy and legislation in the field of the environment. For period 2007-2013 the ney financial instrument is LIFE + has as objective to contribute to the development, implementation and updating of Community...

This paper aims to review the different impacts of income inequality drivers on the Gini coefficient, depending on institutional specificities. In this context, we divided the European Union member states in two clusters (the cluster of member states with inclusive institutions / extractive...

The paper uses annual data for the period 1970-2007 in order to estimate the size of Spanish shadow economy. In view to do so, the shadow economy is modelled like a latent variable using the structural equation model(SEM). The model includes tax burden, social benefits, subsidies, government...