Professionals across diverse work environments play a crucial role in facilitating and accelerating essential transformations towards sustainability. Recog
Decision making is rational thinking and is a process that involves how the goals are identified and how they have to be fulfilled. The decision-making process is positively related to the planning process. The decision-making process helps in problem-solving, reasoning qualities, and leadership ...
PISA 2022 is the first large scale international assessment that claims to capture the impact of Covid-19 on school systems worldwide. Learning loss is observed in many countries around the globe and Estonia is not an exception. However, Estonia is still
There is a growing interest in nudging as despite usually incurring low cost, they can deliver results and be highly effective all the while negating unpopular rule setting [29]. Subsequently, Bornemann and Smeddinck [30] identify five criticisms of nudge: conceptual, normative, functional, ...
Economic utility is the total amount of satisfaction experienced when a product or service is consumed. Form utility is the value a consumer derives from products or services in a way that they need. Time utility is when a company provides goods or services to consumers at the time they deman...
My guest today is Joseph Henrich, a professor at Harvard, and an expert on the evolution of human cooperation and culture. I am a big fan of his book, “The Secret of Our Success” and he just published a new one called the Weirdest People in the World about people who fall under ...
Social democracy based on welfare and the redistribution of social contributions is failing. The accumulation of wealth and the increase in inequalities are the two faces of Janus that social democracy has not been able to contain over the recent decades
What effect does relative scarcity have on the economy? Is scarcity the central problem of all economics as well as a mother of all economics? What is the major problem with using monetary policy to stabilize the economy? What is the solution to the central economic problems given...
Based on our review we conclude that deltas should be considered complex socio-ecological-cum-technical systems and that transformations are needed to achieve sustainability in deltas. The interdependency between societies, their natural environment and technological intervention is evident in deltas, sinc...
These changes have substantial impact on humanity; they force humans to adapt or to be proactive and mitigate negative impacts on the environment. The spectrum of options for future action is wide. It includes technology development and deployment, economic instruments including taxes and subsidies, ...