The Polish economic reform: transgressive decision making

Article Abstract:

The decision-making processes of the Balcerowicz Program (BP), an economic reform program implemented by Poland's postcommunist government was analyzed. The decision processes developed to achieve an objective is known as a decision cluster. It is composed of decision trees divided into gain chains and loss chains. The concept of transgressive decision problems with the BP was discussed. Transgressive decisions are concerned with goals which attempt to surpass the limits of past achievements and are aimed at social or social change.

Methods, Decision-making, Decision making, Management, Economic policy, Poland, Economic development

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Is family planning an economic decision?

Article Abstract:

It is proposed that family size as a choice model is a vital component of economic models. The advantages and disadvantages of having children are examined, as well as how these issues fit in with economic theories of household choice. The analysis also addresses the economic factors that may have an impact on timings of births, the degree of freedom couples have in determining their family size, and the dynamic aspects of family planning.

Economic aspects, Family size, Birth control

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Respect, admiration, aggrandizement: Adam Smith as economic psychologist

Article Abstract:

The differences between respect, admiration and aggrandizement are studied based on economist Adam Smith's Theory of Moral Sentiments. It is argued that respect differs from admiration since it involves an intra-individual evaluation of performance while admiration involves the inter-individual ranking of capabilities. It is also shown that aggrandizement is a distortion of both respect and admiration.

Research, Respect, Smith, Adam (Economist)

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