Browsing Economics by Title
Now showing items 21-24 of 24
(2006-11-21)After one eats in a restaurant, that one has to leave a tip is a social norm, and that one has to pay for the food is law. As is evident from this, both norms and the law influence our behaviour. What we say, for instance, ...
(2006-11-21)This paper shows that in a model of managerial delegation in □ duopoly, if an owner’s decision to hire a manager is modeled explicitly, then the subgame perfect equilibrium may coincide with the Stackelberg solution. I ...
(Jaroslav Vanek, 2000)For our purposes a Social System is defined as a human community whose members interact, depend on each other and are affected jointly by actions of or physical characteristics within the community. Decisions concerning ...