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Future Career Ideas - T he Story of a Private High School Junior Year Students
Lukášová, Hana ; Klusák, Miroslav (advisor) ; Vacek, Pavel (referee) ; Trpišovská, Dobromila (referee)
The study is based on the assumption that J. L. Holland's typology of personalities and work environment can be taken for the mainstream theory regarding the issue of career planning. The essential question of this research is whether and to what extent Holland's theory and the concepts implemented in its consulting practice are already premeditated in the minds of contemporary adolescents, namely of thirty-two junior year students attending a private secondary school in Prague. The main source of empirical data comes from semi-structured interviews conducted by the author from the perspective of a school psychologist. The application of qualitative analysis led to the determination of three fundamental concepts of professional future. The trio provides a guide for interpreting both the ways in which respondents further evolve the self-aware part of their mindsets they have decided to professionalize and the complications that may accompany such process. During the analysis it was revealed that besides the pursuit of information in an attempt to determine one's individual place in the world the process of career decision-making contains a strong emotional dimension accompanying such pursuit.
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Definition of Relevant Market in Rail Transportation on the Route Prague - Košice using consumer survey
Juhásová, Zuzana ; Vacek, Pavel (advisor) ; Luňáčková, Petra (referee)
The aim of the thesis is to define the relevant market in railway transportation on the route Prague - Košice. In the theoretical part we describe the concept of relevant market, its use and importance for competition policy. We explain methods used for defining the relevant market and focus on the SSNIP test and its practical application, critical loss analysis. In the empirical part we conduct a consumer survey among passenger on the route Prague - Košice and use its results to compute elasticity of demand for rail transportation on the route Prague - Košice and then we perform critical loss analysis. JEL Classification C80, C81, D42, D47,K21, L41, L92 Keywords relevant market, SSNIP test, critical loss analysis, critical elasticity, critical loss Author's e-mail juhasova.zuzana@gmail.com Supervisor's e-mail vacek@fsv.cuni.cz
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The Czech Republic's Participation in the Association Agreement between the European Union and Central America and its Policy Implications
Morales Interiano, Andrés ; Vacek, Pavel (advisor) ; Semerák, Vilém (referee) ; Figueira, Filipa (referee)
University College London - School of Slavonic and East European Studies Univerzita Karlova v Praze - Charles University in Prague - Faculty of Social Sciences International Masters in Economy, State & Society - Economics and Business Andrés Morales Interiano UCL Student Number: 14082525 The Czech Republic's Participation in the Association Agreement between the European Union and Central America and its Policy Implications Master's Thesis Supervisors: Dr Filipa Figueira (UCL) and Dr Pavel Vacek (Charles University) 20 May 2016 - Prague, Czech Republic Abstract: Preferential Trade Agreements have become evermore popular in the worldwide market economy and have raised much interest in academics and policy-makers alike. This paper studies the participation that the Czech Republic had in the Association Agreement between the European Union and Central America during the pre- negotiation and negotiation rounds, and the effects that it brought to the Czech Republic's trade policies and trade flow with the mentioned region. It focuses on a qualitative approach of the Political Economy of Regionalism and liberal perspective to explain how the Czech Republic participated in this agreement previous to its signature in 2012 and views some of the consequences it has caused after its provisional application. It finds...
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Detection and survival analysis of cartels. Evidence from the European Union
Blšťáková, Hana ; Vacek, Pavel (advisor) ; Serdarevič, Goran (referee)
- cz Tato práce se zabývá analýzou antimonopolní politiky se zaměřením na kartelové dohody v Evropské unii. Cox·v model proporcionálních rizik je v rámci této práce použit pro predikci proměnných, které ovlivňují trvání a stabilitu kartel·. Tyto proměnné jsou rozděleny do následujících skupin. Velikost a vnitřní struk- tura kartelu, charakteristika účastník· kartelové dohody, ukazatele vnějšího prostředí na trhu, vnitřní kontrolní mechanismy a proměnné, určující účin- nost antimonopolní politiky. Pro účely této práce byl sestaven data set, který zahrnuje kartely soudně stíhané Evropskou komisí v období mezi lety 1990 a 2004. Tato práce navíc obsahuje přehled detekčních metod. Zahrnuje jak metody, které jsou v současnosti aktivně využívány Evropskou komisí za účelem detekce kartel·, tak i nové metody, tzv. screeningové metody trh·, které mohou do budoucna přispět k efektivnějšímu procesu detekce. Screeningové metody se zabývají zkoumáním reálných tržních proces· a hledají znaky koluzního chování. Součásti této práce je mimo jiné i analýza politiky shovívavosti a její dopad na životnost kartel· a na délku administrativních proces·. Očekávaným přínosem této práce je poskytnutí uceleného přehledu detekčních metod a proměnných, které ovlivňují životnost a stabilitu kartel·. 1
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Analysis of the effect of lowest price criterion in the selection process of public procurement
Blahová, Alexandra ; Skuhrovec, Jiří (advisor) ; Vacek, Pavel (referee)
Public procurement in the Czech Republic is a complex process directly settled by the legal procurement framework which defines various contract-awarding procedures. This study focuses on the part of selection process when procurers can decide between using lowest price criterion or most economically advantageous tender (MEAT). We found an evidence of preference of lowest price criterion, especially in the recent years. The main goal of the study is therefore to provide a comprehensive analysis of the leading drivers of selection of specific criteria and their consequential effects. Taking into account various characteristics of public procurement processes, we found out that in general lowest price criterion is preferred by public contracting authorities and by procurers with larger number of employees. This type of selection process also consequently provides an interesting trade-off between higher competition in terms of number of bidders, higher stability in terms of less interventions by the Office for the Protection of Competition (OPC) but also higher probability of consequent extraworks.
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Evaluation of the Office for Protection of Competition Decisions Regarding Abuse of Dominance with an Effects-Based Approach
Hruban, Jiří ; Vacek, Pavel (advisor) ; Matoušek, Jindřich (referee)
The bachelor thesis evaluates decisions of the (Czech) Office for the Protection of Competition (OPC) in abuse-of-dominance cases with an emphasis on its impact on consumers. The first part briefly summarises available effects-based approaches to abuse of dominance. The second part analyses five particular cases that were decided by the OPC. The author points out several recurring weaknesses of the OPC's economic reasoning. In some instances, the OPC seems to be using selective economic argumentation only to support the result at which it arrived by intuition. Economic evidence is thus interpreted with respect to the pre-defined conclusion; it is not investigated unbiasedly, and resulting justification is unsound. Although the OPC knows a wide variety of tools for economic analysis, it is sometimes unable to identify the situations at which individual tools should be applied. Keywords Office for the Protection of Competition, competition, abuse of dominance, antitrust, effects- based approach, market power, case studies HRUBAN, Jiří: Evaluation of the Office for Protection of Competition's Decisions Regarding Abuse of Dominance with an Effects-Based Approach. 56 p. Bachelor thesis. Charles University, Faculty of Social Sciences, Institute of Economic Studies. Supervisor: Pavel Vacek.
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Does Bitcoin Have Potential To Co-Function with Fiat Money?
Kurka, Josef ; Dědek, Oldřich (advisor) ; Vacek, Pavel (referee)
This paper examines the potential of Bitcoin, a decentralized digital currency, to pose competition to fiat currencies. To accomplish that, Bitcoin would have to become efficient as a store of value. Thus far, high volatility makes it inferior in that respect. We analyze the dynamics and drivers of Bitcoin volatility using GARCH and HAR models. Moreover, we test for presence of asymmetries displayed by stock, commodity and currency markets. That way we can conclude, whether volatility of Bitcoin behaves similarly to currencies, commodities or stocks. Lastly we reveal interconnections between these markets and market for Bitcoin. We find significant evidence for the leverage effect documented for stock market. Furthermore, the effect of trading volume, documented for currency markets, displays an opposite sign in our research. Results of spillover estimation suggest Bitcoin is the most interconnected with commodity market. Thus, we conclude Bitcoin does not behave similarly to currencies in terms of volatility; hence is not a good candidate to substitute them. JEL Classification E1, G1, G2, O3 Keywords Bitcoin, volatility, GARCH, leverage effect Author's e-mail 24805288@fsv.cuni.cz Supervisor's e-mail dedek@fsv.cuni.cz
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Moral Factors And Their Influence Upon Career Choices of High School Students
Lukášová, Hana ; Klusák, Miroslav (advisor) ; Vacek, Pavel (referee) ; Kirovová, Iva (referee)
The subject of this research, namely career choice of high school graduates, has been considered from the position of moral reasoning. Qualitative analysis of data collected from interviews carried out with 32 graduates identifies career choice to be a significant factor determining the identity of each graduate. The research is based on assumption that moral reasoning is nourished by each one's identity and loyality to oneself, respectively. The basis of this career identity is formed by so called "inveteracy", reflected by various ways in individual's attempt to make a choice that is authentic. Categorically speaking, there exist "plots", that make career selection process complicated, as well as "problematizations", that make any authentic choice virtually impossible. Career choice is interpreted by means of three domains throughout which it becomes apparent both how this process fosters the individual's relationship with the outside world, with those closest to him/her and with himself/herself and what kind of affect this relationship has on his/her very identity. During the research, career choice turns out to be a continual and complex process that far surpasses the actual period of submitting a college application.
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An Evaluation of Water Supply Ownership in Europe
Klímová, Dana ; Vacek, Pavel (advisor) ; Kosturák, Matej (referee)
1 Abstract This thesis deals with the topic of effective ownership structures in the water supply industry in Europe. It gives background information on the types of ownership and the cooperation between public and private sector. Furthermore, it gives an overview of state regulation and the competetive nature of the water supply market and explains how the water is priced by the companies. The core of the thesis is the evaluation of performance and effectiveness of private and public entities in water supply. Past literature and research are discussed regarding the performance of each sector and the case of Italian water supply services is given leading to reasons for water privatization. This work further develops the effectiveness of public-private partnership with regards to water provision. Moreover the multiple regression analysis shows the dependence of water tariffs on privatization level, competition, the amount of the freshwater resources and volume of abstraction, and 'richness' of selected European regions. This gives a reasoning of water price setting and shows the influence of ownership on the level of the tariffs. This paper provides not only solid understanding of the effective water supply ownership issue, but also provides a base and suggestions for further research. Keywords water supply,...
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Pricing in the Airline Industry
Kašpar, Petr ; Vacek, Pavel (advisor) ; Klinger, Tomáš (referee)
The main goal of this thesis is to introduce the low-cost airline model and the concept of predatory pricing together with their basic elements. For good understanding of the topic, the thesis introduces basic requirements that have to be satisfied in order for the pricing to be classified as predatory and means of testing for their presence. The theoretical background is further analysed in the review of six antitrust policies dealing with predatory pricing. Last, two predatory cases from the airline industry are reviewed in order to show the approach that is given allegations of predatory pricing in practice. JEL Classificiation K21, L41, L93 Keywords antitrust, predatory pricing, low-cost airlines Author's email mail@petrkaspar.net Supervisor's email vacek@fsv.cuni.cz
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