The aim of this paper is to analyse whether legal rules, set up during the first years of the economic transition, could stimulate behaviour of economic subjects so that it would lead to desired results in macroeconomic benchmarks. This problem is solved using a case of joint-stock companies management (i.e. both ways and possibilities of their administration) in the Czech Republic during the 1...

This paper examines numbers of acquisitions for the UK and demonstrates that actual values are predictable and the time-series properties for the series can also be established. A link between economic conditions and acquisition levels seems likely and such models can be easily produced. The economic factors and the time-series properties are then combined in an ARMAX model producing better res...

Nowadays, it is common practice to distinguish between economic, social and environmental sustainability; all three have to be satisfied to achieve full sustainability. However, in a presentation to the Malaysian International Cocoa Conference in July1, Jan Vingerhoets, Executive Director of the International Cocoa Organization (ICCO) made it clear that he believes economic sustainability to be...

An economic system which exhibits chaotic behaviour has been stabilized on various periodic orbits by use of the Ott-Grebogi-Yorke method. This procedure has been recently applied to controlling chaotic phenomena in physical, chemical and biological systems. We adopt this method successfully for Feichtinger's generic model of two competing firms with asymmetrical investment strategies. We show ...