Environmental justice is a term that includes both exposure to environmental ‘bads’ as well as access to environmental ‘goods’ which might be unequally experienced by different socio‑economic groups. In other words, ...

Quantile regression allows us to assess different possible impacts of covariates on different quantiles of a response variable. Additive models for quantile functions provide an attractive framework for non‑parametric ...

The aim of this article is to identify and characterise the relationship between the ownership structure and dividend pay‑out of listed companies. The research hypothesis states that along with an increase in a degree of ...

A growing interest in the phenomenon of economic opportunism can be mainly explained by new institutional economics (NIE). It has changed the limitation of that phenomenon into the main method of increasing the efficiency ...

Incomes of population and poverty are key elements of the EU cohesion policy which aims at reducing disparities between the levels of development of individual regions. The traditionally appropriate study to evaluate the ...

In this study we focus on distress events of European banks over the period of 1990–2015, using unbalanced panel of 3,691 banks. We identify 132 distress events, which include actual bankruptcies as well as bailout cases. ...

This paper demonstrates the utilitarian significance of the Probabilistic Traveling Salesman Problem (PTSP) in planning travel routes by companies which provide distribution services for pharmacies, with a particular ...

Professional ethics is a set of rules and norms determining how – from a moral point of view – representatives of a particular profession should behave. Codes of ethics are a tool for developing ethical principles and ...