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Search results for: contingent valuation method
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Valuation method for operation of crankshaft-piston assembly in combustion engines in energy approach
PublicationPrzedstawiono propozycję wartościowania (ilościowego określenia) działania dowolnego układu korbowo-tłokowego silnika o zapłonie samoczynnym, w którym zachodzą oddziaływania energetyczne w określonym czasie. Działanie to rozumiane jest jako przekazywanie odbiornikowi energii w ustalonym czasie, w którym zachodzi przetwarzanie i przenoszenie energii w formie pracy i ciepła. Wartościowanie działania układów korbowo-tłokowych silników...
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Social benefits valuation of hosting non-mega sporting events
PublicationPurpose In the study, an attempt was made to estimate the social benefits resulting from three non-mega sporting events organized in Ergo Arena located on the border of two cities in Poland. By attributing a value to intangible social benefits, the intangible effect was determined and compared to the expenditure incurred in the construction of Ergo Arena Hall. Design/methodology/approach In order to value social intangible effects...
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Public Perception of Intangible Benefits and Costs in the Valuation of Mega Sports Events: The Case of Euro 2012 in Poland
PublicationThis article estimates the intangible benefits and costs of Euro 2012 in Poland. Using the contingent valuation method (CVM), a study was conducted among residents of all four host regions of the event and one nonhost region. This provided the basis for determining the net intangible benefit arising from Poland’s hosting of the European football championships (Euro 2012), which was estimated at 5.3 billion PLN2012. The aggregate...
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Public valuation of social impacts. The comparison between mega and non-mega sporting events
PublicationThe main aim of this study is to assign value to intangible effects,including social impacts, which appear when organising sportingevents of various scales in the city of Gdansk located in northernPoland. A survey was conducted to determine the city residents’willingness-to-pay (WTP) using the contingent valuation method(CVM). The average WTP values, which ranged between PLN 6.04and PLN 46.34, show that the scale of the sporting...
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Social perception of technological innovations at sports facilities: justification for financing ‘white elephants’ from public sources? The case of Euro 2012 Stadiums in Poland
PublicationThe main purpose of the paper is to provide a monetary valuation of social benefits in connection with the hypothetical implementation of technological innovations at four Euro 2012 stadiums in Poland. Not only the construction of the sport’s arenas, but also the ongoing maintenance drain the pockets of Polish taxpayers. At the same time Euro 2012 stadiums remain underused, which familiarize the host cities with the concept of ‘white...
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The contingent nature of warehouse flexibility
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Customer Assessment of Brand Valuation and Social Media
PublicationThe research problem engaged in this article is to determine whether contemporary consumers are able to assess brand equity in the overabundance of brands and products with similar features and qualities. The author argues that in the existing circumstances when differences between brands become insignificant the consumer is not capable of assessing their equity adequately. In order to verify the thesis the author has accepted...
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The accuracy of alternative stock valuation methods – the case of the Warsaw Stock Exchange
PublicationThe main aim of this article is to examine the accuracy of different methods of share valuation used by Polish analysts in reports prepared in order to issue recommendations for companies listed on the Warsaw Stock Exchange. In the literature on the subject, the view which prevails is that the more sophisticated methods, i.e. those taking into account the discounting process, are characterised by higher valuation accuracy. However,...
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Sophistication assessment of existing FEM models of orbital blowout trauma: Is models valuation justified?
PublicationAfter a thorough study of the work entitled “Development and validation of an optimized finite element model of the human orbit”, some doubts aroused concerning the sophistication assessment of the existing finite element method (FEM) models of orbital blow-out. Although the work was unquestionably innovative, and the results were not only fascinating but also invaluable, the authors stated that their model was the most sophisticated...
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Automated Valuation Model based on fuzzy and rough set theory for real estate market with insufficient source data
PublicationObjective monitoring of the real estate value is a requirement to maintain balance, increase security and minimize the risk of a crisis in the financial and economic sector of every country. The valuation of real estate is usually considered from two points of view, i.e. individual valuation and mass appraisal. It is commonly believed that Automated Valuation Models (AVM) should be devoted to mass appraisal, which requires a large...
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VALUATION OF EMBEDDED OPTIONS IN NON-MARKETABLE CALLABLE BONDS: A NEW NUMERICAL APPROACH
PublicationThe issue of how to price options embedded in callable bonds has attracted a lot of interest over the years. The usual bond valuation methods rely on yield curves, risk premium, and other parameters to estimate interest rates used in discounted cash flow calculations. The option to retire the bond is, however, neglected in the standard pricing models, causing a systematic overvaluation of callable bonds. In the event of a decline...
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Conception of valuation of combustion engine operation
PublicationW artykule zaproponowano interpretację wartościującą działania, które jest przyrównane do wielkości fizycznej o jednostce miary zwanej dżulosekundą, podobnie jak przedstawione w mechanice klasycznej działania Hamiltona i Maupertiusa. Działanie w tym ujęciu rozpatrywane jest także w mechanice kwantowej, w odniesieniu do żródła promieniowania elektromagnetycznego ciała, którego działanie charakteryzuje stała Planca. Przedstawiono...
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Hybridization of valuation procedures as a medicine supporting the real estate market and sustainable land use development during the covid-19 pandemic and afterwards
PublicationCurrently we are facing the pandemic situation that occur all over the world. Regardless the country or even the region, the negative consequences that are expected could be very big and the level of crisis is not predictable. This situation is the challenge for the real estate market as well. Due to this fact, the authors believe that there is the time when deep transformation of approaches, procedures and awareness related to...
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Possibility of valuation of operation of marine diesel engines
PublicationW artykule zaproponowano interpretację wartościującą działania okrętowych silników spalinowych, które (podobnie jak przedstawione mechanice klasycznej działania Hamiltona i Maupertiusa oraz działanie wynikające ze zmiany pędu ciała) jest rozpatrywane jako wielkość fizyczna o jednostce miary zwanej dżulosekundą [dżulsekunda]. Przedstawiono oryginalną metodę analizy i oceny działania silników o zapłonie samoczynnym w ujęciu energetycznym...
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Valuation of architectural heritage by multicultural student groups
PublicationIn this article, the author addresses the education of architecture students in the field of architectural history and the determination of the value of architectural objects. Important changes at present are underway concerning this. Both the role of architectural history in architectural education and content in architectural history curricula is changing. The need for re-evaluation...
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An analysis of valuation principles of the properties intended for public roads
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Valuation of Residential Premises for the Purposes of Securing the Receivables of the Creditor in Poland
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Problems of Small Recreation Areas Valuation-Forest Refugium in the Silesia Park in Chorzów
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Basis for a valuation of the Polish Exclusive Economic Zone of the Baltic Sea: Rationale and quest for tools.
PublicationW pracy przedstawiono zasoby i usługi Polskiej Strefy Ekonomicznej ekosystemu Morza Bałtyckiego. Dokonano przeglądu specyficznych właściwości tej strefy, które mogą mieć wartość ekonomiczną.
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Method of Skeletal System Modelling
PublicationAn original method of skeletal system modelling is presented in detail. Using DICOM images obtained from CT and PET tests, shell models of nine bones were created (humerus, radius, ulna, scapula, clavicle, femur, tibia, fibula, pelvis). Two methods of bone behaviour are also proposed, the first method treating the bone as a solid structure and the second method treating the bone as a complex porous structure. The behaviour of model...
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An Enhanced Reduced Basis Method for Wideband Finite Element Method Simulations
PublicationIn this paper, we present a novel strategy for selecting expansion points in the reduced basis method. A single computation of the error estimator is used to select a few expansion points in the multi-parameter space simultaneously. The number of selected points is determined adaptively, based on the accuracy of the current reduced model. The reliability and efficiency of this proposed approach are illustrated by numerical tests...
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The OptD-multi method in LiDAR processing
PublicationNew and constantly developing technology for acquiring spatial data, such as LiDAR (light detection and ranging), is a source for large volume of data. However, such amount of data is not always needed for developing the most popular LiDAR products: digital terrain model (DTM) or digital surface model. Therefore, in many cases, the number of contained points are reduced in the pre-processing stage. The degree of reduction is determined...
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The modelling method of discrete-continuous systems
PublicationThe paper introduces a method of discrete-continuous systems modelling. In the proposed method a three-dimensional system is divided into finite elements in only two directions, with the third direction remaining continuous. The thus obtained discrete-continuous model is described by a set of partial differential equations. General difference equations of discrete system are obtained using the rigid finite element method. The limit...
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Low-coherence method of hematocrit measurement
PublicationDuring the last thirty years low-coherence measurement methods have gained popularity because of their unique advantages. Low-coherence interferometry, low-coherence reflectometry and low-coherence optical tomography offer resolution and dynamic range of measurement at the range of classical optical techniques. Moreover, they enable measurements of the absolute value of the optical path differences, which is still an unsolved problem...
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OPTIMIZATION OF NASICON PREPARATION METHOD
PublicationNasicon is a solid conductor which has an ability to conduct Na+ ions and it is used in solid gas sensors. In this article a method of Nasicon preparation appropriate for gas sensing application by solgel technique is presented. Influence of the fabrication process parameters on properties of obtained samples was determined. Results of X-Ray diffraction, density, porosity, conductivity, and activation energies measurement are presented.
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On a Method of Efficiency Increasing in Kaplan Turbine
PublicationThis paper presents a method of increasing efficiency in Kaplan-type turbine. The method is based on blade profile optimisation together with modelling the interaction between rotor and stator blades. Loss coefficient was chosen as the optimisation criterion, which is related directly to efficiency. Global optimum was found by means of Genetic Algorithms, and Artificial Neural Networks were utilised for approximations to reduce...
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GPU-accelerated finite element method
PublicationIn this paper the results of the acceleration of computations involved in analysing electromagnetic problems by means of the finite element method (FEM), obtained with graphics processors (GPU), are presented. A 4.7-fold acceleration was achieved thanks to the massive parallelization of the most time-consuming steps of FEM, namely finite-element matrix-generation and the solution of a sparse system of linear equations with the...
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Using A Particular Sampling Method for Impedance Measurement
PublicationThe paper presents an impedance measurement method using a particular sampling method which is an alternative to DFT calculation. The method uses a sine excitation signal and sampling response signals proportional to current flowing through and voltage across the measured impedance. The object impedance is calculated without using Fourier transform. The method was first evaluated in MATLAB by means of simulation. The method was...
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TSR method for burns investigation approach
PublicationThe article presents the possibilities of applying the TSR method for the diagnosis of burn wounds. The wound area is stimulated by cold gas and a sequence of thermograms of heating the tissue is recorded. Next, TSR algorithms are used to determine the parameters that allow the wound to be classified into one of the classes: the wound heals within three weeks, the wound will not heal in three weeks. The method was...
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The Optimum Dataset method – examples of the application
PublicationData reduction is a procedure to decrease the dataset in order to make their analysis more effective and easier. Reduction of the dataset is an issue that requires proper planning, so after reduction it meets all the user’s expectations. Evidently, it is better if the result is an optimal solution in terms of adopted criteria. Within reduction methods, which provide the optimal solution there is the Optimum Dataset method (OptD)...
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Jacobi and gauss-seidel preconditioned complex conjugate gradient method with GPU acceleration for finite element method
PublicationIn this paper two implementations of iterative solvers for solving complex symmetric and sparse systems resulting from finite element method applied to wave equation are discussed. The problem under investigation is a dielectric resonator antenna (DRA) discretized by FEM with vector elements of the second order (LT/QN). The solvers use the preconditioned conjugate gradient (pcg) method implemented on Graphics Processing Unit (GPU)...
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Wideband Macromodels in Finite Element Method
PublicationThis letter proposes a novel projection technique for accelerating Finite Element Method simulations. The algorithm is based on the Second-order Arnoldi Method for Passive Order Reduction (SAPOR). It involves generation of two projection bases and thanks to this it is applicable to the systems of equations, which contain the quadratic frequency-dependence in the input term, that arise when projection is applied locally in the selected...
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On neutral differential equations and the monotone iterative method
PublicationThe application of the monotone iterative method to neutral differential equations with deviating arguments is considered in this paper. We formulate existence results giving sufficient conditions which guarantee that such problems have solutions. This approach is new and to the Authors' knowledge, this is the first paper when the monotone iterative method is applied to neutral first-order differential equations with deviating...
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Asynchronous time difference of arrival (ATDOA) method
PublicationA new method for a location service in the asynchronous wireless sensor networks is outlined. This method, which is called asynchronous time difference of arrival (ATDOA), enables calculation of the position of a mobile node without knowledge of relative time differences (RTDs) between measuring sensors. The ATDOA method is based on the measurement of time difference of arrival between the node and the same sensor at the discrete...
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Application of the distributed transfer function method and the rigid finite element method for modelling of 2-D and 3-D systems
PublicationIn the paper application of the Distributed Transfer Function Method and the Rigid Finite Element Method for modelling of 2-D and 3-D systems is presented. In this method an elastic body is divided into 1-D distributed parameter elements (strips or prisms). The whole body (divided into strips or prism) is described by a set of coupled partial differential equations. Solving this equations in the state space form it is possible...
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Method of determining the residual fluxes in transformer core
PublicationThe article presents the method of calculating the residual induction in transformer columns. The method is based on measurement of the magnetic induction in selected points around the transformer core. The values of residual induction are calculated as linear combination of the results of measurement.
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Detection of the Oocyte Orientation for the ICSI Method Automation
PublicationAutomation or even computer assistance of the popular infertility treatment method: ICSI (Intracytoplasmic Sperm Injection) would speed up the whole process and improve the control of the results. This paper introduces a preliminary research for automatic spermatozoon injection into the oocyte cytoplasm. Here, the method for detection a correct orientation of the polar body of the oocyte is presented. Proposed method uses deep...
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Analytical design method of reverse curves
PublicationThe paper deals with a new approach relating to the design of the region of railway track direction alteration adapted to Mobile Satellite Measurements technique. The method may be particularly useful in situations when both the straights of the route directions cannot be connected in an elementary way using a circular arc with transition curves; this also refers to the application of a compound curve. Thus the only solution becomes...
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Soft – Partial Frequency Reuse Method for LTE-A
PublicationIn the paper a novel SPFR frequency reuse method is proposed which can be used for improvement of physical resources utilization efficiency in LTE-A. The proposed method combines both SFR and PFR giving the possibility of more flexible use of frequency band in different regions of a cell. First, a short study on the problem of frequency reuse in cells is discussed including bibliography overview....
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A DISCRETE-CONTINUOUS METHOD OF MECHANICAL SYSTEM MODELLING
PublicationThe paper describes a discrete-continuous method of dynamic system modelling. The presented approach is hybrid in its nature, as it combines the advantages of spatial discretization methods with those of continuous system modelling methods. In the proposed method, a three-dimensional system is discretised in two directions only, with the third direction remaining continuous. The thus obtained discrete-continuous model is described...
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The Niching Mechanism in the Evolutionary Method of Path Planning
PublicationThis paper presents the concept of the niching mechanism in the evolutionary method of path planning. The problem is considered based on the example of a ship path planning. In this method the diversity of individuals is tested in respect to their physical distance, not the fitness function value. The researches show that such an approach increases effectiveness of solution space exploration, what results in a final solution with...
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Reliability and Validity of Optoelectronic Method for Biophotonical Measurements
PublicationReliability and validity of measurements is of utmost importance when assessing measuring capability of instruments developed for research. In order to perform an experiment which is legitimate, used instruments must be both reliable and valid. Reliability estimates the degree of precision of measurement, the extent to which a measurement is internally consistent. Validity is the usefulness of an instrument to perform accurate...
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Method of lines for physiologically structured models with diffusion
PublicationWe deal with a size-structured model with diffusion. Partial differential equations are approximated by a large system of ordinary differential equations. Due to a maximum principle for this approximation method its solutions preserve positivity and boundedness. We formulate theorems on stability of the method of lines and provide suitable numerical experiments.
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Parametric method for evaluating optimal ship deadweight
PublicationThe paper presents a method of choosing the optimal value of the cargo ships deadweight. The method may be useful at the stage of establishing the main owners requirements concerning the ship design parameters as well as for choosing a proper ship for a given transportation task. The deadweight is determined on the basis of a selected economic measure of the transport effectiveness of ship – the Required Freight Rate (RFR). The...
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A random signal generation method for microcontrollers with DACs
PublicationA new method of noise generation based on software implementation of a 7-bit LFSR based on a common polynomial PRBS7 using microcontrollers equipped with internal ADCs and DACs and a microcontroller noise generator structure are proposed in the paper. Two software applications implementing the method: written in ANSI C and based on the LUT technique and written in AVR Assembler are also proposed. In the method the ADC results are...
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A method of measuring RLC components for microcontroller systems
PublicationA new method of measuring RLC components for microcontroller systems dedicated to compact smart impedance sensors based on a direct sensor-microcontroller interface is presented. In the method this direct interface composed of a reference resistor connected in series with the tested sensor impedance is stimulated by a square wave generated by the microcontroller, and then its voltage response is sampled by an internal ADC of the...
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Local basis function method for identification of nonstationary systems
PublicationThis thesis is focused on the basis function method for the identification of nonstationary processes. The first chapter describes a group of models that can be identified using the basis function method. The next chapter describes the basic version of the basis function method, including its algebraic and statistical properties. The following section introduces the local basis function (LBF) method: its properties are described...
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A METHOD OF TRUST MANAGEMENT IN WIRELESS SENSOR NETWORKS
PublicationThe research problem considered in this paper is how to protect wireless sensor networks (WSN) against cyber-threats by applying trust management and how to strengthen network resilience to attacks targeting the trust management mechanism itself. A new method, called WSN Cooperative Trust Management Method (WCT2M), of distributed trust management in multi-layer wireless sensor networks is proposed and its performance is evaluated....
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The Dynamical Projectors Method Hydro and Electrodynamics
PublicationThe dynamical projectors method proves to reduce a multicomponent problem to the simplest one-component problem with its solution determined by specific initial or boundary conditions. Its universality and application in many different physical problems make it particularly useful in hydrodynamics, electrodynamics, plasma physics, and boundary layer problems. A great variety of underlying mechanisms are included making this book...
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METHOD OF ROUTING SHIPS SAILING IN DEDICATED ENVIRONMENT
PublicationThe method for determining the suboptimal route of sailing vessels operating in a restricted area of the sea are proposed in the paper. The dynamics of the environment including weather conditions and speed characteristics of ships sailing are considered. As optimiza-tion criterion, measure sailing time T, and the number of maneuvers performed ω, are taken into account. An heuristic algorithm, and the appropriate application routing...