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Citations since 2016
8 Research Items
The theoretical model of a perfectly competitive market leads to the efficient allocation of resources, and one of the assumptions of that model is complete information of market participants. In reality, however, market participants are usually asymmetrically informed. The goal of this analysis is to point out the fact that asymmetric information...
Total productivity as the basis for measuring economic efficiency is the initial presumption of this paper, and it is derived from the fact that it has a multiple importance of growing productivity, as an expression of production efficiency. The complex phenomenon of total productivity of factors is sometimes approached too simplistically, and even...
The subject of research in this paper is the analysis and presentation of data on agricultural holdings, the structure of available and utilized area. The main goal is to determine and explain more comprehensively and in detail, by using appropriate methods, and based on available data, the condition of utilized agricultural area and its characteri...
In order to analyze simple and complex models of market, market equilibrium and market efficiency, this article considers a more complex and realistic market model with the existence of public goods. This topic is the subject of attention of many scientists, but only recently has it been possible to apply these models on real life situations and ve...
The standard way to measure economic success is by measuring economic growth, as the sole goal of the economic policy based on the principles of neoclassical economics. Growth, together with the enlargement of the material base, is inevitable in order to increase employment and provide preconditions for development and technological advancement. Co...