Macedonian Abstract: Социјалната вклученост на младите подразбира многу поширок опфат од невработеноста. Таа содржи и други димензии како што се социјалната, културната,...

The article is concerned with the economics of religion. The first chapter is introduction into the economics of religion by Adam Smith. The second chapter asks the question whether the secularization hypothesis is tenable. The third chapter analyzes the allocation of time and church attendance...

The St Petersburg paradox could be used as an extreme demonstration of the utility function cardinalisation in case of stochastic utility. In this article we reassume the von Neumann and Mongernstern explanation to this paradox based on the risk aversion expressed by the strict concavity of the...