The Holt and Laury (2002) task is arguably the most widely employed method for eliciting individual risk attitudes in economics. However, although around 15% of standard experimental subjects fail to complete the task consistently, this fraction increases to an alarming 60-70% in the case of...

The paper analyses status of metal and machine industry in Serbia, with short retrospect to previous period. Also, it presents the short review of the EU policies incentives and subsidies for industry development, especially through European Commission and their concept Horizont-2020. Bad...

In a sequencing problem with linear time cost, Suijs (1996) proved that it is possible to achieve first best. By first best we mean that one can find mechanisms that satisfy efficiency of decision, dominant strategy incentive compatibility and budget balancedness. In this paper we show that...