This study discusses the implications of the recursive or self-reflexive effects of economic theories on bounded rational behaviour and interaction. It focuses on the mechanisms through which bounded rational actors perceive the self-referential nature of economic theories and might absorb their...

This work seeks to propose a methodological basis for regional development analysis based on vector calculus. Existing taxonomic methods are developed further in order to assess regions and micro-regions with regard to their socio-economic and environmental development. In addition to its...

Services – from information technology to research to finance – are now as subject to international trade as goods have been for decades. What are the labor market consequences of the recent surge in services offshoring? While offshoring has traditionally been found to affect only less-skilled...

The latest global financial and economic crisis of 2008 has shown the need to re-examine the desirability of financial liberalization. This book is undertaking such a study on the issue of financial and market liberalization by adopting sophisticated econometric methods. It examines the effects...

The book provides unique insights into the process of housing reforms in post-socialist Europe during its transition to markets and democracy. It explores the relationships between housing policy and housing system performance in nine countries: Albania, Bulgaria, Bosnia and Herzegovina,...

Consumer credit has become a topical issue for researchers, regulators and the banking industry in Europe as a result of increasing market integration, regulatory changes and a growing tendency of households to use debt to finance consumption. This study uses a cross-country approach to look at...