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Player strategies in pay-per-bid auctions
Cestr, Ondřej ; Svoboda, Miroslav (advisor) ; Hudík, Marek (referee)
This paper analyzes impact of concrete game strategies used by players on auction sites with pay-per-bid auction system, which spread to Czech market. In my analysis I use an individual aggression model, presented by Byers, Mitzenmacher a Zervas (2010). By using data sets of complete bidding records acquired from Bonus.cz I found that winners of auctions are much more aggressive than usual. Wide spread waiting strategy, which uses low aggression method is represented between winners only with less than 9%.
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Analysis the impact of various factors on the election of left-wing political parties
Kuchařová, Eva ; Hudík, Marek (advisor) ; Mičúch, Marek (referee)
My bachelor thesis analyzes the impact of various factors on the election of left-wing political parties. Data from elections to the Chamber of Deputies for years 2002, 2006 and 2010 have been used. Dependent variable was election gains (percentage of votes) of left- wing political parties (KSČM, ČSSD). Chosen explanatory variables were as follows: unemployment, higher education, age, wage, activity rate, number of applicants per job and abstention. First, correlations between the variables were examined and with uncorrelated variable linear regressions were done. All uncorrelated variables were then used into the model and backward elimination was applied. Results demonstrated positive dependence of unemployment and negative dependence of higher education on election of left-wing parties in 2002 and 2006. In 2010 a positive dependence of abstention and negative dependence of activity rate on election of left-wing parties was demonstrated.
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Je česká myslivost institucionalizovanou formou trvale udržitelného pytláctví?
Ambrožová, Zuzana ; Bartoň, Petr (advisor) ; Hudík, Marek (referee)
This paper aims at unveiling the true nature of the Czech hunting Act by modeling the competition for property rights characteristics among gamekeepers, the subsidized group, and other users of land based resources, the taxed group. We show that the subsidized gamekeepers' group seeking to decrease public opposition tries to obfuscate the true goal of its profit-oriented efforts by supporting relatively less revealing technically imperfect institutions. It does so by advertising artificially created qualities such as tradition and public interest. What hunters try to achieve technically is to shift the reference points of desire of the other users of land-based resources in order to disable them from perceiving total policy costs. As a result taxpayers' intrinsic advantage is undermined, and contrary to the efficient redistribution hypothesis a Pareto-inferior outcome is reached. Moreover taking full account of all costs of rent-seeking, including incomplete externality internalization, institutional rigidity and created moral hazard, total social costs, connected with the outcome of competition for property rights, are not minimized. Regarding empirical testing of the theoretical propositions, analyzing hunting statistics we prove that whereas the acknowledged public goals are not met, the technically imperfect Act 449/2001 Coll. creates moral hazard in favor of gamekeepers' private interests.
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Gender Studies na VŠE (aneb Ženy v ekonomii vs. typ osobnosti)
Naglová, Vendula ; Bartoň, Petr (advisor) ; Hudík, Marek (referee)
The main aim of this thesis was answering the question, if lack of women in the economics is caused by discrimination or if personality type affects successful passing of advance economic courses. Myers-Briggs Personality Type Indicator (MBTI) was used for purposes of this thesis as the most convenient personality type indicator. This thesis tested several hypotheses resulting from expected correlation between personality type, gender (both for students and teachers) and final results. Paper showed correlation between gender and final result and also between some personality types and grade. Paper also disclosed interesting correlations between final grade and other variables unique for testing system at the University of Economics, Prague.
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Not all dogs are alike: a cost-benefit analysis of guide and assistance dogs in the Czech Republic
Vašíčková, Pavla ; Hudík, Marek (advisor) ; Schwarz, Jiří (referee)
In the Czech Republic the guide dogs for the blind are recognized as a compensation tool and may be reimbursed up to 100% of the cost; on the other hand, assistance dogs for people in a wheelchair, the deaf, deafblind, or other people with disabilities are not. This thesis explains the concepts of blind person and disabled person, and distinguishes among various types of service dogs. The costs and benefits of guide dogs on one hand, and of assistance dogs for people using a wheelchair on the other, are calculated and the results are compared; it is also examined, whether "favoring" guide dogs by means of providing government support on their acquisition is legitimate, and what it may be caused by. Further, the thesis calculates the maximum possible burden for the state budget if a support for assistance dogs is introduced. It also explores the possible effects of the impact of the introduction of this support on the markets for guide and assistance dogs, respectively.
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The effect of education and health investments on economic growth of the Czech Republic from 1995 to 2009
Charvátová, Kristýna ; Hudík, Marek (advisor) ; Brožová, Dagmar (referee)
This thesis focuses on exploring the influence of private and public expenditures on health and education on economic growth. In the first part a theoretical model based on the aggregate production function is described; on its basis in the second part an empirical analysis based on the data from the Czech Republic from 1995 to 2009 is made. After estimating the model using the least squares method it has been shown that public health expenditures and private expenditures on education positively affect economic growth and on the contrary, private expenditures on health and public spending on education negatively affect economic growth.
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Are Czechs biased?
Vobořil, Lukáš ; Šťastný, Daniel (advisor) ; Hudík, Marek (referee)
This thesis builds on B. Caplan's study, which proves - based on SAEE results - that American public's thinking when deciding on economics is biased from anti-market, anti-foreign, make-work and pessimistic biases. Consequently, there are differences between practiced and really wanted policies. This work focuses on the Czech public. Based on survey processed by regression analysis it confirms that Czechs suffer from the same biases as Americans. The work tests differences between Czech and U.S. experts and finds out indications of pro-work and pessimistic bias
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Which political party is best able to use my CT24 for promotion?
Tykal, František ; Hudík, Marek (advisor) ; Svoboda, Miroslav (referee)
The work deals with the time on public television ČT24. The television broadcast press conferences and briefings of the political parties. However, posting this in the public interest, as defined by the policies themselves, thus maintaining the principle of proportionality as a real political influence in society? Press conferences are inherently political confrontation with reporters who ask the questions that interest them, and to reflect citizens' interest in finding out relevant information. In many cases, politicians have deliberately omitted the questions of journalists, which is obviously very convenient for a politician, because this time it is broadcast by the de facto only unpaid advertising himself and his party. The aim of this work is to determine whether the presence of press conferences in the broadcasting ČT24 corresponds to the proportional distribution, based on the results of election to the Parliament. Which party is best able to take advantage of this way ČT24 broadcast time to promote her? Initial data comes from the television archives from 2006 until 2011. These data will be spread over smaller time intervals according to specific policy preferences in a given period and the intervals will be examined whether the occurrence of the Conference of Parties meets the requisite distribution.
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The Economics of Prostitution: The Market for Sexual Services in the Czech Republic
Houžvičková, Nela ; Hudík, Marek (advisor) ; Bartoň, Petr (referee)
The aim of this work is to find out why the structure of the market for sexual services changed in the years 1999 -- 2009 : why did the number of erotic clubs and the sex workers in clubs and on streets decrease and why did the number of sex workers in apartments increase? The change in nationality of composition of consumers and the development of internet are main factors of the changes. A high correlation proved to be between the number of sex workers and the number of tourists. Because of economic convergence tourists can buy less sexual services than in past whereas Czech can buy more. Other question is why earnings of sex workers are higher in comparison with wages of the women with the comparable education. The main factor is a social stigmatization.
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The impact of immigration on unemployment in the Czech Republic
Hermanová, Zuzana ; Hudík, Marek (advisor) ; Chytilová, Helena (referee)
This paper analyzes the impact of immigration on unemployment of natives in the Czech Republic. The aim of the paper is answering the question, whether immigrants take jobs of host population and thus increase the rate of unemployment in the host country. Period between the years 1995 and 2009 is analyzed. Model is inspired by Australian study written by Pope and Withers (1993). The estimation is made with the method of ordinary least squares. The results of this model indicate that immigrants decrease the rate of unemployment, but this effect is not significant. Paper reaches the conclusion that immigrants do not influence the rate of unemployment and so they do not take jobs of host population.
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