Discrete binomial models are powerful tools for options valuation. For simple pay-off options they can be viewed as an approximation of famous Black-Scholes option valuation formula. By increasing the quantity of periods ...

Contemporary companies use as a tool for strategy implementation project management. The problem of this approach is that the number of projects grows; the company must solve parallel projects of various types and priorities. ...

The paper deals with an application of Data Envelopment Analysis (DEA) method in an efficiency analysis of the “new” European Union (EU) Member States (EU12) during reference period 2000 – 2011, resp. in years of growth ...

Since the end of the last century the pressure of globalization and internationalization on worldwide market has been rapidly increasing. Together with this trend innovation pressure has become stronger. Business competitiveness ...

A successful financial management of an enterprise closely relates to optimum setting of the capital structure and especially to the development of an efficient composition of the sources of company assets financing. In ...

The need may arise to be able to simulate the migration of groundwater nanoparticles through the ground. Transportation velocities of nanoparticles are different from that of water and depend on many processes that occur ...