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The Founders of Post-Keynesianism and the Concept of Reswitching
Kraffer, Robin ; Potužák, Pavel (advisor) ; Chytilová, Helena (referee)
The thesis deals with the evolution of thoughts of Joan Robinson's, Nicholas Kaldor's, Piero Sraffa's and Luigi Pasinetti's with regards to the issue of reswitching. Discussing Robinson, Kaldor, and Sraffa, it addresses the importance of the discussion on imperfect competition and Keynes's theory for developing their opinions within the capital theory. This issue was challenged in the 50s by Robinson who asked how capital can be measured. She discovered an option of reswitching to a more capital-using technique during a wage increase, but she did not focus on it very much. The thesis also seeks the importance of Sraffa's solution to the invariant standard of value for developing the debate on reswitching the technologies in the 60s, which was joined by both Pasinetti and Robinson. However, Robinson refused again in the 70s to deem the reswitching important within the critique of the neoclassical theory, and thus joined Kaldor who had voiced similar thoughts. At the end of the thesis, the question of Robinson underestimating the importance of reswitching, as pronounced by Pasinetti, is answered - she underestimated it in the 50s, whereas it is impossible to give a clear answer when it comes to the 70s, despite the differences found among Post-Keynesians and Neo-Ricardians.
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Irrationality in the decision- making of an individual as an economic entity in the territory of the Czech Republic
Böhm, Tomáš ; Zeman, Martin (advisor) ; Babin, Jan (referee)
The main objective of this thesis is an in-depth analysis of the decision-making process on issues of economic nature for individuals in the Czech Republic. The degree of rationality occurring in consumer behavior is evaluated based on lessons learned. The theoretical section is concerned with the economic aspect of the decision-making process, which mainly includes knowledge of neoclassical theory, whose basis is the cardinal and ordinal concept of utility maximization. Subsequently there are introduced the alternative approaches to decision making, focusing on the subjective aspects of human reasoning. Using the mutual synthesis of these approaches, the author draws a term behavioral economics, specific elements of which constitute a substantive content of the whole work. The practical section verifies the hypothesis that the decision-making contradicts the theory of rational individual conduct. Data collected through the questionnaire is subjected to analytical procedures by which the stated hypothesis was verified.
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The effect of investment in tertiary education on gross wages in the region Prague
Diessner, Daniel ; Chytil, Zdeněk (advisor) ; Babin, Jan (referee)
The aim of this work is to determine whether and how higher education affects gross wages. The theoretical part focuses on the theory of human capital, especially investment in education. The theory posits that a higher investment in human capital leads to higher yield, higher wages. The validity of this concept will be tested on the group of respondents who entered the labour market at the turn of millennium. Concentration of candidates with tertiary education in this period has risen considerably, which could cause an imbalance in the labour market. The practical part is based on the work of Mincer (1974). I used Mincer Earnings Function as a basis to build regression model. Partial aim is to prove the declining rate of return on investment in tertiary education using Mincer Equation.
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Analysis of the activities of South Korean companies from music industry in the European markets
Vohradská, Zuzana ; Zamykalová, Miroslava (advisor) ; Gullová, Soňa (referee)
This master thesis analyzes activities of South Korean companies from music industry in the markets in Europe and this analysis is based on a questionnaire survey. The first part focuses on the theory and describes the Korean popular music, cross its history, major companies in the sector and their activity in foreign markets. In following theoretical chapters there is the definition of basic marketing terms, the theory of marketing research, its methods and evaluation and use of marketing research in culture, a summary of the economic situation in South Korea and differences in business negotiations between Koreans and Europeans. The practical part of the thesis describes in detail the selected companies, their products and activities in Europe. Furthermore there is an introduction to research and information about the survey. The final part deals with the evaluation and interpretation of the findings, conclusions drawn from the information obtained and the proposed solutions.
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Application of the theory of coalitions at the regional level
Švec, Kamil ; Říchová, Blanka (advisor) ; Čmejrek, Jaroslav (referee)
This article aims to analyse the process of constitute district's counsils in Czech Republic after elections in 2000 and 2004. At first it defines the theory of games, theory of rational choice and theory of coalition and it gives their interpretation. It also talks about electoral and party systems as factors which influence the formation of coalitions. Afterwards it focuses on the electoral period since 2000 and it evaluates the results of election to the representative districts in Czech Republic. It talks about the electoral period after 2004 in detail. Generally it evaluates the results of election and compares the theoretical precondition with the origin coalition. It also observed factors which complicated the bargainings about the coalitions. In the conclusion generalize some factors with the influence on the bargaining. Powered by TCPDF (www.tcpdf.org)
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Testing the theory of efficient markets
Henzlová, Pavla ; Musílek, Petr (advisor) ; Cibulka, Jakub (referee)
This thesis is focused on testing the weak effectiveness of the US, Japanese, German and Czech market in the period 1995 - 2015. The first part contains a theoretical basis for the theory of efficient markets, the conditions, characteristics and models. Further test methods of weak market efficiency are presented and semistrong and strong effectiveness mentioned. The practical part deals with the introduction of tested stock exchange indices and by testing the weak effectiveness of these markets through tests of randomness, variance ratio test and serial correlation.
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Complex numbers, quaternions and their applications
BRDLÍK, Pavel
The bachelor thesis is dedicated to the topic of complex numbers and quaternions and their application. The main goal of this thesis is to familiarize with the subject of complex numbers and quaternions and their important properties and to present these terms with suitably selected examples. Complex numbers can be used among others to represent a planar rotational movement, quaternions can be used to represent rotations in three-dimensional space. The aim of this thesis is to provide a well arranged summary of the theory and a sample solution of practical examples that would illustratively demonstrate the application of complex numbers and quaternions by description of planar or spatial movements or their further applications.
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Calculation of electron structure in the framework of DTF in real space
Čertík, Ondřej ; Vackář, Jiří (advisor) ; Šipr, Ondřej (referee)
In the present work we study ab-initio electronic structure calculations in real space using density functional theory (DFT), finite elements and pseudopotentials. We summarize the theory and full ab-initio derivation of all equations in finite elements, density functional theory and pseudopotentials, then we explain how our program works and we show results for spherically symmetric potentials in relativistic and nonrelativistic DFT and for 2D and 3D Schrödinger equation for symmetric and non-symmetric potentials.
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