Starting November 1st, 2025, you may submit your e-application to English taught bachelor and master study programmes offered at the Faculty of Business Administration. You may choose from two bachelor and three master programmes: Bachelor of Business Administration Economics of Markets and Organizations Master in International Management/CEMS Master in Management Master in Sustainability Management We wish you […]
If you are a manager or a professional with several years of experience, interested in developing your knowledge and applying it to business practice, you may be interested in our DBA (Doctor of Business Administration) Program. The application deadline for the DBA program is on November 30, 2025 (start of studies: February 2026). The DBA is a […]
The study examined how people decide whether a transaction—such as giving money or a gift—is perceived as a genuine gesture of appreciation or as a bribe. Participants evaluated scenarios varying in relationship type, gift value, and form of transfer. Findings show that high-value, monetary gifts between people in strictly professional relationships are most often seen […]
This paper argues that culture fundamentally shapes decision processes (heuristics) and how well they work (rationality, biases), and that the importance of culture has been underappreciated because of research norms that remove it from consideration. It first discusses content- and context-impoverished norms in how judgments and decisions have been modeled, along with criticisms of those […]
Casino blackjack players learn a simple heuristic that helps them decide when to take additional cards. The heuristic assumes that all upcoming cards will be 10-value cards, even though that assumption is true fewer than one in three times. The heuristic results in systematic error, but it is also adaptive: it is easier to learn […]
This paper contributes to the discussion about the nature of the variability of consumer confidence that is unexplained by economic variables. This unexplained part of consumer confidence is understood as either a reflection of animal spirits or a mere result of changing expectations. In either case, the interpretation assumes that it reflects irrationality on the […]
The current research’s objective is to explore the interplay among market-driving strategy (MDS), dynamic capabilities (DCs), transformational leadership (TL), and their impact on firm performance. The study adopts a quantitative methodology (online survey with 300 firms from the technological sector). Findings show strong positive influences of MDS on DCs, TL, and firm performance. Furthermore, DCs […]
This paper explores the development of Czech economic thought within the context of the nineteenth-century Czech National Revival. Influenced by Classical Political Economy, the German Historical School, and Austrian economics, Czech economists faced the challenge of advancing economic development for a nation without a state. Key issues included lending difficulties, a lack of entrepreneurship, and […]
