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The article is dealing with an issue of subsidies granted to agricultural enterprises arising from the Common Agricultural Policy (CAP). The aim of the paper is to quantify the effects of the individu...
This paper studies stability of the exponential utility maximization when there are small variations on agent's utility. Two settings are studied. First, in a general semimartingale model where random...
Abstract. We investigate the continuity of expected exponential utility maximization with respect to perturbation of the Sharpe ratio of markets. By focusing only on continuity, we impose weaker regul...
Continuous elimination of the acreage of orchards in Slovakia has a negative impact on the overall fruit production. Improvement of the conditions could be achieved by introducing new technological sy...
This paper deals with the estimation of technical efficiency in Czech agriculture with respect to significant firm heterogeneity. Two main questions are elaborated. The first concerns the choice of a ...

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