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Aleksander Kaczmarek, Krzysztof Przybyszewski, Dorota Rutkowska and Honorata Sosnowska
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Beáta Mikušová Meričková and Nikoleta Jakuš Muthová
In order to gain a better understanding of human behaviour, Economics seeks to work with other disciplines such as Psychology, Sociology, or Anthropology (Behavioural Economics). Unlike neoclassical economic theory, behavioural economics does not assume a rational individual. On the contrary, it focuses on an irrational (bounded rational) individual while revealing what really influences his decision and his actions in order to respond more adequately to public needs, increasing the efficiency of public-service provision. The aim of the paper is to investigate the factors of willingness to pay for public services. The willingness of individuals to pay depends on factors such as affection and sympathy, conviction, compassion, regret, respect, warm glow, commitment to society, appreciation, invitation to participation, fundraising method and tax policy. The significance of the research conclusions lies in initiating a new perspective on the possibilities of securing public services.
decision-making, such as what is known as the rational-comprehensive model, are highly rationalistic, and assume a consensus among stakeholders on goals and an ability to identify alternative means for achieving them and predicting their success, all assumptions that can rarely be met in most fields. For this reason, a variety of alternatives to this baseline rationalistic model have been proposed since the mid-twentieth century. These include Lindlom's incremental decision making model (1959), Simon's bounded-rationality (1991), Etzioni's mixed scanning (1967), and more
It is very difficult to study phenomena in housing markets using conventional so-called neoclassical economics. The core problem stems from the highly unrealistic assumptions of neoclassical economics, such as homogeneous products, equilibrium markets, ceteris paribus clauses, deterministic and linear systems, rationality of economic agents, and the utility maximization principle. New Keynesian economics appears to be a more fruitful approach to housing markets since it presumes that products are differentiated, markets are in disequilibrium state and there exists imperfect competition in a marketplace. Furthermore, new Keynesian economics utilizes the concept of bounded rationality, which is a more realistic description of the actual behavior of economic agents than the theoretical notion of rationality in neoclassical economics.
This study will attempt to describe the role of existing incentives which have a significant effect on Hungarian sport's performance. The aim of the paper is to understand why a large gap has emerged between successful elite sports and the popular but underperforming spectacular sport. According to the concept of dual competition, in addition to sport results, the analyzed fields also concern competition for resources, particularly for the attention of supporters and sponsors. The methodology of the analysis is fundamentally economic in nature; however, qualitative methods are also given emphasis, as the analyzed topic has specific characteristics. Based on new institutional economics, the study presumes that the behavior of organizations is determined by the decisions of bounded rational individuals, and highlights the significance of the created mechanisms and institutions.