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Importance of risk & uncertainty in present period of dynamic changes grows. The article deals with risk & uncertainty in strategic decision making. First the concepts of risk & uncertainty & possibilities of their measurement are discussed. Further shortcomings of strategic decision making from the point of view risk integration are described. The emphasis is on discussion of decision making methods under risk & uncertainty (including decision tables, scenarios, Monte Carlo simulation, real options, decision trees, multicriteria utility function under risk, theory of games & methods of portfolio development) as supporting tools for strategic decision making. In the last part of the article some recommendations for integration of risk & uncertainty in strategic decision making based on scenario approach are suggested. Figures, References. Adapted from the source document.

Yet our understanding of power remains elusive. The Council of the European Union is a body where the main actors, Member States, exercise power in order to influence the decision-making & its outcome. Their basic aim is to defend the national interests. The primary objective of this article is to offer an overview of the Member States' sources of power in the Council, based on a review of the latest literature. We present both structural & procedural sources of power. Then we explain that the exercise of power depends also on concrete sectors & cases in which the actors negotiate. Our text confirms that the results of various research endeavors have often been contradictory & that continuing research is needed in order to deepen the knowledge of Council decision-making. Power as a concept has been at the center of attention of social sciences for a long time. Adapted from the source document.

The article provides an overview of the main theoretical approaches to research on educational choices and anticipated labour-market opportunities from a gender perspective. It then presents the results of three quantitative analyses of secondary data. The objective is to help facilitate a complex understanding of the mechanisms of the reproduction of gendered social
structures. The genderedness of the social institutions in the education system and the labour market in relation to the socialising trends in the family is described in three parts: 1) gender segregation in employment in the context of segregation in education – the author shows that the horizontal dimension of these social institutions plays a more signifi cant role than the vertical dimension; 2) the factors that condition girls' and boys' educational aspirations and choice of schools – the author demonstrates how secondary school choices are gendered (though the analysis did not reveal the differences between the factors that infl uence girls' and boys' aspirations); 3) the factors that condition parents' educational and class aspirations for their sons and daughters – the author uncovers several aspects of the socialising effect of the reproduction of the two traditional career trajectories based on gender. In conclusion, the article answers the question of how structurally gendered expectations cohere with individual career trajectories, and based on the three analyses formulates questions for further research and offers a revised theoretical conceptualisation of gender as an analytical category.

The article analyses how the standpoints of political parties on energy related issues are formed. The effect of the process of forming these standpoints on energy policy in general in the Czech Republic, the divergence among ideologies (coming out not only from the election programs), and other factors, as well as the parties' ideological continuity in time are particularly emphasized. The analysis comes to the conclusion that energy related issues are important for each political party but not crucial. In addition, it is concluded that parties are internally consistent, their standpoints are based on ideology, and they are all rather constructive in policy formulation. An interesting conclusion is also the fact that energy policy in the Czech Republic is generally highly personalized, thus strongly influenced by particular individuals.

The paper analyzes the influence of neoconservative concepts of the 1990's on the foreign policy strategy of the George W. Bush administration after 9/11. The text begins with a short presentation of the neoconservative movement, particularly its second generation. The paper then compares neoconservative concepts from the 1990's with principal documents of the Bush administration & shows their influence. The next part of the text presents the factors able to explain this influence. These factors are the specific long-term evolution of central institutions in the USA, the special decision-making process of the administration, the managerial style of president Bush & also the impact of the 9/11 terrorist attacks. Adapted from the source document.

The paper consists of four parts each of them devoted to a practical aspect of inflation targeting as conducted by the Czech National Bank. The first part outlines the reasons that led to the adoption of this monetary regime & summarises other advantages for effective & transparent decision-making. The second part addresses the issue of missing inflation targets. It is argued that simple confrontation of targets with actual behaviour of inflation may give a distorted view about the actual performance of monetary policy. The third part discusses a subtle methodological controversy about the difference between so-called escape clauses on the one hand & net inflation on the other. In the last section the author presents his critical view about the role of unconditional forecast in its capacity to indicate future interest rate decisions & to provide a realistic description of transmission mechanism in a small open economy. 5 Figures, 26 References. Adapted from the source document.

This article aims at problems of legitimacy, sovereignty & decision-making process in the context of European integration. Several concepts of legitimacy & sovereignty are introduced & subsequently analyzed in the context of latest development of the European Union. Adapted from the source document.

Analýza politiky ve světle dosavadních výzkumů -- Význam působení aktérů v sítích zaměřených na konkrétní otázky -- Vliv a strategie nepolitických aktérů v politických sítích -- Role politických aktérů na regionální úrovni -- Role politických aktérů na komunální úrovni: volby a koalice v kontextu teorie analýzy politiky -- Závěrem: analýza politiky a inspirace k dalším výzkumům

The aim of this paper is the formulation and econometric estimation of a small macroeconomic model, which is intended to provide an understanding of fundamental economic relationships in the eurozone. Unemployment is used to represent real economic activity. Phillips curve links unemployment with inflation and Taylor rule describes the monetary policy of the European Central Bank. The results from econometric estimation indicate that interest rate policy of the European Central Bank has only a very limited effect on unemployment. Furthermore, the reaction coefficient for inflation in the Taylor rule does not support Taylor principle. This paper also presents original method for measuring NAIRU. The proposed method for estimating NAIRU uses probabilities of finding and loosing a job. These probabilities are made endogenous in the model, which is the main contribution of the paper. Adapted from the source document.