Burning Man festival is an annual arts festival that takes place for one week around Labor Day in U.S. Nevada’s Black Rock Desert with seemingly no structure and order. A bonfire ritual for a small group of friends first held on a beach outside San Francisco in 1986 has evolved into one of the...

This editorial aims at explaining the attitude to migrants in the European Union using the case study of the Czech Republic. We argue that the attitude to migrants may be influenced by the attitude to other people, in general, as well as by the respondents’ higher moral values represented by...

In this paper we study the effects of cultural determinants on the migration flows across countries and the financial flows back to the country of origin of the migrants in the form of remittances. We present econometric models for migration and remittances and test the relations between...

The role played by the state is one of the most important problems facing economic science. Apart from its role as welfare provider, the state is inevitably confronted by the shared cultural values of its citizens. This paper evaluates the role of culture in explaining the differences in the tax...

This paper argues that even temporary barriers to entry present at the very beginning of transition may lead to permanent extortion development. Entry restrictions, if binding, lead to excess profits, which create an incentive to extort. The emergence of extortionists reduces the expected profit...

This paper discusses the issue of perceptions and their influence on economic processes focusing on corruption perception. The higher the perceived corruption in an organization is, the more probable it is that a person dealing with that organization would offer a bribe, thus supporting...