Search results for: risk management
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Are Pair Trading Strategies Profitable During COVID-19 Period?
PublicationPair trading strategy is a well-known profitable strategy in stock, forex, and commodity markets. As most of the world stock markets declined during COVID-19 period, therefore this study is going to observe whether this strategy is still profitable after COVID-19 pandemic. One of the powerful algorithms of DBSCAN under the umbrella of unsupervised machine learning is applied and three clusters were formed by using market and accounting...
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Wykorzystanie metafor w identyfikacji i kształtowaniu postaw przedsiębiorczych
PublicationEdukacja przedsiębiorcza odgrywa coraz większą rolę w promowaniu i kształtowaniu zachowań oraz kompetencji przedsiębiorczych młodego pokolenia. W tym kontekście szczególnie podkreśla się znaczenie wykorzystywania nowych, interaktywnych metod i form kształcenia, niezwykle istotnych dla jednego z aspektów edukacji przedsiębiorczej, jakim jest kształcenie kreatywności i proaktywności. Zastosowanie metafor spełnia wymagania stawiane...
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URBAN MENTORING JAKO NOWA TECHNIKA WPRÓŁPRACY W PROCESIE PLANOWANIA PARTCYPACYJNEGO
PublicationW 25 lat od powrotu demokracji opierającej się o neoliberalny paradygmat rozwoju kraju, Polska przyjęła Krajową Politykę Miejską 2030. Wraz z ustawą o rewitalizacji w nowoczesny sposób określa ona pole współpracy władz samorządowych i administracji z mieszkańcami, przejście do drugiej fazy rozwoju społeczeństwa demokratycznego – mieszkańców współgospodarzy przestrzeni miast. Powolna ewolucja tej relacji, silnie obarczonej dziedzictwem...
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Jakub Golik dr
PeopleJakub Golik currently works as a Research & Teaching Assistant at the Faculty of Management and Economics, Department of Entrepreneurship, Gdańsk University of Technology. Jakub does research in Utility-maximizing Models in Economy, Entrepreneurial Economics, Career Choice and Decision/Risk Theory. In his research he utilises mainly quantitative and experimental research methods including Conjoint Analysis and Structural Equation...
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Selecting cost-effective risk control option for advanced maritime operations; Integration of STPA-BN-Influence diagram
PublicationAdvanced maritime operations, such as remote pilotage, are vulnerable to new emergent risks due to increased system complexity and a multitude of interactions. Thus, maritime researchers this decade have combined Systems-Theoretic Process Analysis (STPA) and Bayesian Network (BN) to effectively manage these risks. Although these methods are effective in identifying hazards and analyzing risk levels, none of the STPA-BN studies...
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Andrzej Chybicki dr inż.
PeopleA graduate of the Faculty of Electronics, Telecommunications and Informatics at the Gdańsk University of Technology, PhD in technical sciences in the field of IT specializing in distributed data processing in IT . Aimed at exploiting the achievements and knowledge in the field of industrial research. He cooperated with a number of companies including OpeGieka Elbląg, Reson Inc., Powel Sp. z o. o., Wasat, Better Solutions, the European...
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Nanotechnologia w architekturze – korzyści i problemy wynikające z zastosowania nanotechnologii w aspekcie cyklu życia budynku
PublicationDynamiczny rozwój technologii zawsze odgrywał ważną rolę w procesie kształtowania architektury. Postęp w dziedzinie inżynierii materiałowej już od Rewolucji Przemysłowej pozwalał na osiąganie co raz bardziej skomplikowanych i jednocześnie wytrzymałych konstrukcji budynków. Obecnie, w dziedzinie architektury, zaczyna pojawiać się pojęcie nanotechnologii, która pozwala zmieniać stosowane materiały w bardziej wydajne i odporne....
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Tacit knowledge acquisition & sharing, and its influence on innovations: A Polish/US cross-country study
PublicationThis study measures the relationship between tacit knowledge sharing and innovation in the Polish (n=350) and US (n=379) IT industries. Conceptually, the study identifies the potential sources of tacit knowledge development by individuals. That is, the study examines how “learning by doing” and “learning by interaction” lead to a willingness to share knowledge and, as a consequence, to support process and product/service innovation....
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A framework for onboard assessment and monitoring of flooding risk due to open watertight doors for passenger ships
PublicationPost-accident safety of ships is governed by damage stability, affected by watertight subdivisions which limit accidental flooding. This is important for passenger ships with watertight doors (WTDs) often fitted in the bulkheads. Awareness of the ship flooding risk due to open WTDs and the conditions under which the associated risk level changes are prerequisites for proactive risk mitigation. Accident risk is often expressed as...
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Bartosz Sawik
PeopleDr Bartosz Sawik is a Professor at the Department of Business Informatics and Engineering Management, AGH University of Science and Technology, Krakow, Poland and at the Institute of Smart Cities, GILT-OR Group, Department of Statistics, Computer Science and Mathematics, Public University of Navarre, Pamplona, Spain. He is a Visiting Researcher at the University of California, Berkeley, USA. He has a Ph.D. and a M.Sc. and Eng....
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Effect of the Road Environment on Road Safety in Poland
PublicationRun-off-road accidents tend to be very severe because when a vehicle leaves the road, it will often crash into a solid obstacle (tree, pole, supports, front wall of a culvert, barrier). A statistical analysis of the data shows that Poland's main roadside hazard is trees and the severity of vehicles striking a tree in a run-off-road crash. The risks are particularly high in north-west Poland with many of the roads lined up with...
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Analiza spostrzeżeń podczas audytów w przedsiębiorstwach z branży spożywczej
PublicationAnalizowano dane z 54 przedsiębiorstw potwierdzających zgodność z wdrożonym systemem ISO 22000 w latach 2005–2013 przez jednostkę certyfikującą DNV GL–BA. Przedstawiono najczęściej spotykane kategorie niezgodności stwierdzane podczas audytów certyfikujących w przedsiębiorstwach należących do łańcucha żywnościowego. Przeanalizowano występujące problemy wpływające na bezpieczeństwo żywności podczas procesu produkcyjnego. Obliczono...
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How to evaluate methods used in chemical laboratories in terms of the total chemical risk? – a ChlorTox Scale
PublicationReliable assessment of the health and environmental risk associated with the use of chemicals is critical to ob- jectively evaluate the greenness and whiteness of an analytical method. An objective and useful way of risk assessment should take into account all the relevant properties of used substances, their actual amounts needed for application of the method, and quantify the assessment result using a standardized unit. This...
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Effects of Store Brand Perceived Risk on Buyers’ Behavior – Four Decades of Research Overview = Wpływ postrzeganego ryzyka związanego z markami własnymi na zachowania nabywców – przegląd czterech dekad badań
PublicationAbstract. The aim of this paper is to present the concept of store brand perceived risk and the most important studies on its measurement that were being conducted for 40 years. For this purpose, an extensive literature review is introduced. Some aspects of the risk constructs and major effects of store brand perceived risk are emphasized. This paper provides key directions to brand managers regarding store brand assortment.
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CARDIOVASCULAR RISK FACTORS AMONG POLISH EMPLOYEES OF UNIFORMED SERVICES
PublicationObjectives: Employees of uniformed services (EoUS) were screened for cardiovascular risk factors. Material and Methods: A total of 1138 EoUS (age M±SD 49.9±6.0 years) and 263 controls (age M±SD 54.4±9.7 years) under the care of the cardiology clinic in Gdańsk, Poland,were included in the study. Medical history and blood samples were collected, and a physical examination was performed. Ten-year cardiovascular risk of death was...
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Risk sharing in the construction work contracts
PublicationBy signing a contract for construction works each of the parties assumes a specific scope of responsibility. In practice, there are numerous examples of contractual provisions that violate the parties’ safety and the balance of fair and even distribution of risk. Asymmetry in risk allocation in construction contracts and its consequences is the most common cause of disputes between the parties. The article presents the issue of...
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Assessment of the Relationship between the Shape of the Lateral Meniscus and the Risk of Extrusion Based on MRI Examination of the Knee Joint
PublicationBackground Meniscus extrusion is a serious and relatively frequent clinical problem. For this reason the role of different risk factors for this pathology is still the subject of debate. The goal of this study was to verify the results of previous theoretical work, based on the mathematical models, regarding a relationship between the cross-section shape of the meniscus and the risk of its extrusion. Materials and Methods Knee...
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A risk comparison framework for autonomous ships navigation
PublicationMaritime autonomous surface ships (MASS) may operate in three predefined operational modes (OM): manual, remote, or autonomous control. Determining the appropriate OM for MASS is important for operators and competent authorities that monitor and regulate maritime traffic in given areas. However, a science-based approach to this respect is currently unavailable. To assist the selection of the proper OM, this study presents a risk-based...
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Modelling of some stealth features for a small navy ship at the concept design stage - part II
PublicationIn the paper a few problems associated with modelling the basic stealth features for a small ship at the concept design stage are introduced. One problem concerns the modification of the immersed ship hull using the rapid change of the ship loading condition. The second is associated with the modification of the ship boundary layer by the hull skin cover. The other stealth features of the ship are not presented in this paper. The...
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Determining required safety integrity level
PublicationOne of the most important stage of technical system functional safety analysis is defining the safety-related functions as well as determining safety integrity level (SIL) for each defined function. A properly carried out hazard identyfication process is the necessary condition for correct definition of the safety-related functions. Determining the safety integrity level (SIL) is based on risk assessment taking into account risk...
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Total impact of oxidative stress genes on cardiovascular events—a 7-year follow-up study
PublicationCardiovascular (CV) events are the number one cause of lifetime disability and deaths worldwide. It is well known that traditional risk factors do not fully correlate with clinical outcomes; therefore, searching for other markers that would explain CV events occurrence seems essential. Of importance, one of the main factors at the origin of CV events is oxidative stress, causing inflammation and atherosclerotic plaque instability....
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Modelling of some stealth features for a small navy ship at the concept design stage.
PublicationIn this paper the basic research problems associated with modelling the basic stealth features for a small navy ship at the concept design stage are introduced. Amongst the major stealth features considered are: the modification of the immersed ship hull form by a rapid change of the ship loading condition, and modification of the ship boundary layer by the hull skin cover. The other stealth features of the ship are not presented...
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Advanced Bayesian study on inland navigational risk of remotely controlled autonomous ship
PublicationThe arise of autonomous ships has necessitated the development of new risk assessment techniques and methods. This study proposes a new framework for navigational risk assessment of remotely controlled Maritime Autonomous Surface Ships (MASS). This framework establishes a set of risk influencing factors affecting safety of navigation of a remotely-controlled MASS. Next, model parameters are defined based on the risk factors, and...
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Bankruptcy system model and efficiency versus the entrepreneurship and innovation in selected European countries
Publicationmodel and its efficiency on the development of entrepreneurship and innovation in selected European countries and Turkey. This goal was achieved by examining the relationships between debtor-friendliness of the bankruptcy law model and its efficiency on one side and entrepreneurship and innovation on the other. The cross-sectional ANOVA test and OLS regression method were chosen as the research method. In order to verify the research...
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Association of Genes Related to Oxidative Stress with the Extent of Coronary Atherosclerosis
PublicationOxidative stress is believed to play a critical role in atherosclerosis initiation and progression. In line with this, in a group of 1099 subjects, we determined eight single nucleotide polymorphisms (SNPs) related to oxidative stress (PON1 c.575A>G, MPO c.463G>A, SOD2 c.47T>C, GCLM c.590C>T, NOS3 c.894G>T, NOS3 c.786T>C, CYBA c.214C>T, and CYBA c.932A>G) and assessed the extent of atherosclerosis in coronary arteries based on...
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The multivariate multilevel analisis of different regional factors impact on road saferty in european country regions = Wielopoziomowa analiza wieloczynnikowa wpływu różnych charakterystyk regionalnych na poziom bezpieczeństwo ruchu w regionach krajów europejskich
PublicationIn this research, the effect of the European regional differences on the risk of been killed in road accident in these regions is investigated. Factors which differentiate regions can be described as automotive, economic, infrastructural, demographic, geographic. Analyzed risk, counted as regional fatality rate was modeled by the Poisson model. Because of regional diversity of Poisson distribution parameters, the Poisson distribution...
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ECG-based prediction of ventricular fibrillation by means of the PCA
PublicationA Sudden Cardiac Death (SCD) is a death resulting from cardiac failure with no significant symptoms earlier than one hour before occurrence. It is the cause of for approximately 400000 deaths per year in United States and millions of deaths worldwide. The proposed system, including two-stage algorithm and wearable diagnostic device allows for SCD risk estimation and continuous monitoring of high risk patients. A single channel...
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Flood risk assessment for office and services building Alchemia II at Al. Grunwaldzka 409 in Gdansk.
PublicationThe aim of the study is to assess the risk of flood from natural meteorological and hy-drological phenomena, for office and services building Alchemia II in Gdansk at Al. Grun-waldzka 409. The project includes the analysis of potential sources of floods in Gdansk re-garding the Baltic Sea and the Gulf of Gdansk, the Vistula River basin and excessive rainfall and snowmelt waters being a significant element of hydrological processes...
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Opracowanie i wprowadzenie nowoczesnego systemu utrzymania ruchu urządzeń opartego na strategii planowo – zapobiegawczej na obiekcie offshore
PublicationW pracy przedstawiono metodykę utrzymania ruchu maszyn i urządzeń na obiekcie offshore. Opracowany autorski system utrzymania ruchu, który został wdrożony na morskiej platformie wydobywczej „Petrobaltic” gdzie do przesyłu i przetwarzania danych wykorzystano dostępną infrastrukturę informatyczną. Założenia realizowano z wykorzystaniem metod naukowych takich jak analiza case study, metody eksperckie i inne. Pracę zrealizowano w ośmiu...
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Risk criteria for sea-going ships arising from the operation of the main engines' crankshaft - conecting rod - piston systems
PublicationIn the article the risk criterion for sea-going ships arising from the operation of the main engines' crankshaft - connecting rod - piston systems is proposed. These criterion is based on the procedures recommended in the Formal Safety Assessment method developed under the auspices of International Maritime Organization (IMO). First of all the collective risk criterion for ship has been proposed. In the next step, the share of...
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Risk Analysis by a Probabilistic Model of the Measurement Process
PublicationThe aim of the article is presentation of the testing methodology and results of examination the probabilistic model of the measurement process. The case study concerns the determination of the risk of an incorrect decision in the assessment of the compliance of products by measurement. Measurand is characterized by the generalized Rayleigh distribution. The model of the meas-urement process was tested in parallel mode by six risk...
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The effects of perceived risk, brand value, and brand trust on eWOM
PublicationUnrestricted access to the Internet, mobile devices, social applications and offering shopping comment options via online stores and platforms, encourages customers to generate online reviews about brands. That is why it became important to learn about the factors that motivate customers to create electronic word of mouth (eWOM). The survey aimed to check if there are links between perceived brand value, perceived risk, brand trust...
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Flood Modelling and Risk Analysis of Cinan Feizuo Flood Protection Area, Huaihe River Basin
PublicationThis study evaluated multiple aspects of flood risks and effects on the Cinan Feizuo flood protection area in the Huaihe River basin. Flooding remains a leading problem for infrastructure, especially in urban, residential areas of the region. Effective flood modeling for urbanized floodplains is challenging, but MIKE (ID-2D) is paramount for analyzing and quantifying the risk in the vulnerable region. The Saint-Venant equation...
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The influence of biological environment on the appearance of silver-coated implants
PublicationDespite antibiotics preventive treatment before and after implantation, risk of infection is real. The infections at the implant surface developein a few months after applying them into the body. To prevent the development of bacteria and to reduce the risk of infection, implants coated with silver layer come into use. The paper presents the research results in biological environment on vein and orthopaedicimplants covered with...
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Machine learning-based seismic fragility and seismic vulnerability assessment of reinforced concrete structures
PublicationMany studies have been performed to put quantifying uncertainties into the seismic risk assessment of reinforced concrete (RC) buildings. This paper provides a risk-assessment support tool for purpose of retrofitting and potential design strategies of RC buildings. Machine Learning (ML) algorithms were developed in Python software by innovative methods of hyperparameter optimization, such as halving search, grid search, random...
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Chemical hazard in glacial melt? The glacial system as a secondary source of POPs (in the Northern Hemisphere). A systematic review
PublicationToxicity of compounds belonging to persistent organic pollutants (POPs) iswidely known, and their re-emission from glaciers has been conclusively demonstrated. However, the harmful effects associated with such secondary emissions have yet to be thoroughly understood, especially in the spatial and temporal context, as the existing literature has a clear sampling biaswith the best recognition of sites in the European Alps. In this...
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Evaluation of Health Hazard Due to Emission of Volatile Organic Compounds from Various Processing Units of Wastewater Treatment Plant
PublicationThe paper describes an attempt at health risk assessment and odour concentration determination in the most important units of a wastewater treatment plant. The cancer risk (CR) and hazard index (HI) parameters in selected measurement locations were calculated based on the results of chromatographic analyses (GCxGC-TOF-MS) and the United States Environmental Protection Agency (US EPA) guidelines. No exceedance of the CR and HI acceptable...
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INTEGRATED FUNCTIONAL SAFETY AND CYBERSECURITY ANALYSIS METHOD FOR SMART MANUFACTURING SYSTEMS
PublicationThis article addresses integrated functional safety and cybersecurity analysis with regard to: the generic functional safety standard IEC 61508 and the cyber security standard IEC 62443 concerning an industrial automation and control system (IACS). The objective is to mitigate the vulnerability of information technology (IT) and operational technology (OT) systems, and reduce relevant risks taking into account a set of fundamental...
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FIRE RISK ASSESSMENT IN INDUSTRIAL PREMISES
PublicationChapter presents different aspects of fire risk assessment in industrial sites
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Functional Safety Analysis including Human Factors
PublicationIn this paper selected aspects of human factors are discussed that should be taken into account during the design of safety-related functions for a complex hazardous installation and its protections. The layer of protection analysis (LOPA) methodology is used for simplified risk analysis based on defined accident scenarios. To control the risk the safety instrumented functions (SIFs) are identified and their safety integrity levels...
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Collision Risk-Informed Weather Routing for Sailboats
PublicationSelected COLREG rules, good seamanship and sheer common sense indicate that it is in a sailboat's interest to follow collision-free routes without relying on large power-driven ships to give way. Until now, however, no method has integrated a sailboat's weather routing with collision risk monitoring and collision avoidance. Therefore, a new deterministic approach to combine the above features within one method is introduced here....
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Merton-type default risk and financial performance: the dynamic panel moderation of firm size
PublicationPurpose – The main purpose of this study is to evaluate the probability of default and examine the relationship between default risk and financial performance, with dynamic panel moderation of firm size. Design/methodology/approach – This study utilizes a total of 1,500 firm-year observations from 2013 to 2018 using dynamic panel data approach of generalized method of moments to test the relationship between default risk and financial...
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DNA methylation as a mediator of HLA-DRB1*15:01 and a protective variant in multiple sclerosis
PublicationThe human leukocyte antigen (HLA) haplotype DRB1*15:01 is the major risk factor for multiple sclerosis (MS). Here, we find that DRB1*15:01 is hypomethylated and predominantly expressed in monocytes among carriers of DRB1*15:01. A differentially methylated region (DMR) encompassing HLA-DRB1 exon 2 is particularly affected and displays methylation-sensitive regulatory properties in vitro. Causal inference and Mendelian randomization...
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A ship domain-based model of collision risk for near-miss detection and Collision Alert Systems
PublicationThe paper presents a new model of ship collision risk, which utilises a ship domain concept and the related domain-based collision risk parameters. An encounter is here described by five variables representing: degree of domain violation (DDV), relative speed of the two vessels, combination of the vessels’ courses, arena violations and encounter complexity. As for the first three variables, their values can be directly computed...
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Exploring the relationship between investment choices, cognitive abilities risk attitudes and financial literacy
PublicationPurpose The main purpose of this study is to investigate the investment choices' relationship with cognitive abilities, risk aversion, risky investment intentions, subjective financial literacy and objective financial literacy. Design/methodology/approach To examine the relationship, two investment choices were given to 256 subjects from Pakistan. Questionnaire had total 20 questions for measuring five variables. To review this...
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Safety Integrity Verification Issues of the Control Systems for Industrial Process Plants
PublicationThe aim of this article is to identify and discuss some issues that can be encountered in designing the industrial automation and control systems (IACS) for implementing safety functions. In a functional safety standard IEC 61511 for the process industry such systems are named the basic process control systems (BPCS) and the safety instrumented systems (SIS). In a generic functional safety standard IEC 61508 they are depicted as...
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Environmental risk- based ranking of solvents by the combination of multimedia model and multi-criteria decision analysis
PublicationA novel procedure for assessing the environmental risk related to solvents emissions has been developed. The assessment of risk is based on hazard and exposure detailed investigations. The potential exposure related to different environmental phases is calculated with basic multimedia model, that gives the percentage distribution of solvent in environmental compartments as a result. Specific hazards– toxicological, environmental...
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Application of Bayesian Networks in risk diagnostics arising from the degree of urban regeneration area degradation
PublicationUrban regeneration as a complex project, generates many extremely specific threats affecting the increase of investment risk. Its unique nature causes that probability parameter, normally applied in the process of risk quantification, is extremely difficult to estimate. Due to lack of historical data urban regeneration related activities are therefore associated with uncertainty. According to the authors, a useful tool for resolving...
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Application of BN in Risk Diagnostics Arising from the Degree of Urban Regeneration Area Degradation
PublicationUrban regeneration as a complex project, generates many extremely specific threats affecting the increase of investment risk. Its unique nature causes that probability parameter, normally applied in the process of risk quantification, is extremely difficult to estimate. Due to lack of historical data urban regeneration related activities are therefore associated with uncertainty. According to the authors, a useful tool for resolving...
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PRELIMINARY FIELD TESTS AND LONG-TERM MONITORING AS A METHOD OF DESIGN RISK MITIGATION: A CASE STUDY OF GDAŃSK DEEPWATER CONTAINER TERMINAL
PublicationAppropriate risk assessment plays a fundamental role in the design. . The authors propose a possible method of design risk mitigation, which follows recommendations included in Eurocode 7. The so-called “Observational Method” (OM) can produce savings in costs and programmes on engineering projects without compromising safety. The case study presented is a complex design solution that deals with the heavy foundations of a gantry...