Search results for: AUTOMATED VALUATION MODELS IN PROPERTY MARKET ANALYSES
-
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...
-
Geoscience Methods in Real Estate Market Analyses Subjectivity Decrease
PublicationReal estate management, including real estate market analysis, is part of a so-called geosystem. In recent years, the popularity of creating various types of systems and automatic solutions in real estate management, including those related to property classification and valuation, has been growing in the world, mainly to reduce the impact of human subjectivity, to increase the scope of analyses and reduce research time. A very...
-
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...
-
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...
-
Microscopic traffic simulation models for connected and automated vehicles (CAVs) – state-of-the-art
PublicationResearch on connected and automated vehicles (CAVs) has been gaining substantial momentum in recent years. However, thevast amount of literature sources results in a wide range of applied tools and datasets, assumed methodology to investigate thepotential impacts of future CAVs traffic, and, consequently, differences in the obtained findings. This limits the scope of theircomparability and applicability and calls for a proper standardization...
-
The role and concept of sub-models in the smart fuzzy model of the internet mortgage market
PublicationThe paper introduces some challenges of the fast growing mortgage market in Poland. One of these challenges is the need for a model development that could be used for various predictions related to this market. At the current stage of the model evelopment process our main goal is to propose and introduce sub-models the role of which would be to describe three different economic environments: stable, fast growing, and recession....
-
Turbulence models impact on the flow and thermal analyses of jet impingement
PublicationAccurate numerical reconstruction of heat and mass transfer processes in particular applications, such a jet impingement, is difficult to obtain even with the use of modern computational methods. In the proposed paper, the flow and thermal phenomena occurring during single minijet impingement on the flat, concave and convex, heated surfaces were considered. Problem of impingement on non-flat surface, still not common and purely...
-
Surrogate models and automated cad of passive microwave components
PublicationW pracy pokazane zostały techniki modelowania złożonych układów elektronicznych wysokiej częstotliwości. Modele zastępcze mają postać sparametryzowanych modeli matematycznych tworzonych za pomocą schematów interpolacyjnych lub skupionych, pasywnych układów zastępczych dedykowanych analizie w dziedzinie czasu. Do konstrukcji modeli wykorzystywane są wyniki symulacji elektromagnetycznych, co pozwala na osiągnięcie lepszej dokładności...
-
Market Price Prediction of Property Rights from Gas Fired Plants or Plants with Total Installed CHP Source Capacity Below 1 MW until 2025
PublicationThe resolution on the Polish Energy Policy until 2030 (PEP-30) was adopted by the Council of Ministers on 10 November 2009. The document specifies the combined electricity and heat generation as a direction of pursuing the goals of energy efficiency, fuel and energy supply security, competitive fuel and energy markets development, and reduction of the energy sector’s environmental impact. PEP-30 assumes that electricity generation...
-
Automated Parameter Determination for Horizontal Curves for the Purposes of Road Safety Models with the Use of the Global Positioning System
PublicationThis paper presents the results of research conducted to develop an automated system capable of determining parameters for horizontal curves. The system presented in this article could calculate the actual course of a road by means of a two-stage positioning of recorded points along the road. In the first stage, measurements were taken with a Real-Time Network (RTN) receiver installed in a research vehicle. In the second stage,...
-
An Application of Factor Pricing Models to the Polish Stock Market
Publication -
An example of the fuzzy internet mortgage market sub-models implementation
PublicationPrzedstawiono implementacje rozmytego modelu do wspomagania zarządzania internetowym rynkiem kredytów hipotecznych
-
Aleksandra Parteka dr hab. inż.
PeopleAbout me: I am an associate professor and head of doctoral studies at the Faculty of Management and Economics, Gdansk University of Technology (GdanskTech, Poland). I got my MSc degree in Economics from Gdansk University of Technology (2003) and Universita’ Politecnica delle Marche (2005), as well as MA degree in Contemporary European Studies from Sussex University (2006, with distinction). I received my PhD in Economics...
-
Impact of digital technologies on reliability of risk forecasting models - case study of enterprises in three global financial market regions
PublicationThis chapter focuses on the evaluation of impact of ICT on reliability of financial risk forecasting models. Presented study shows how the development of ICT can improve the effectiveness of such models. Determining a firm’s financial risk is one of the most interesting topics for investors and decision-makers. The multifaceted goal of the presented research is to separately estimate five traditional statistical and five soft computing...
-
Błażej Prusak dr hab.
PeopleBłażej Prusak is Head of the Department of Finance at the Faculty of Management and Economics, Gdansk University of Technology and Editor-in-Chief of the journal Research on Enterprise in Modern Economy - theory and practice (REME), as well as a member of editorial boards of such journals as Intellectual Economics; Space. Economics. Society; Academy of Management. He is the author or co-author of several scientific monographs including:...
-
Marcin Potrykus dr inż.
PeopleA graduate of the Faculty of Management and Economics at the Gdańsk University of Technology. Since 2008, he has been employed as an Assistant at the Department of Finance at the Faculty of Management and Economics of the Gdańsk University of Technology. In 2015, he defended (in the discipline of economics) his doctoral dissertation entitled "Alternative investments - profitability and risk". Since 2016, he has been employed as...
-
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,...
-
Annual growth of House price index in European Union in 2006-2017
Open Research DataThe financial crisis of 2008 has caused a number of changes in the investment of both companies and individuals. One of the widely invested assets became the real estate market. The decline in real estate prices was noted in 2009 and 2012-2014. The highest decrease in property prices was indicated in Bulgaria, Ireland, Lithuania, Latvia, Slovakia and...
-
Share price and capitalization of selected banks in 2007-2012
Open Research DataThe crisis also caused the value as measured by the stock market indices of the 5 largest banks in the US to decline by as much as 18 times. The table below shows the stock exchange valuation of the 5 largest banks, taking into account the period 2007-2012. When analyzing the activities of banks through the prism of the value of their stock exchange...
-
ADAPTIVE PREDICTIONS OF THE EURO/ZŁOTY CURRENCY EXCHANGE RATE USING STATE SPACE WAVELET NETWORKS AND FORECAST COMBINATIONS
PublicationThe paper considers the forecasting of the euro/Polish złoty (EUR/PLN) spot exchange rate by applying state space wavelet network and econometric forecast combination models. Both prediction methods are applied to produce one-trading-day- ahead forecasts of the EUR/PLN exchange rate. The paper presents the general state space wavelet network and forecast combination models as well as their underlying principles. The state space...
-
Anna Rzeczycka dr hab.
PeopleAnna Rzeczycka is the deputy head of the Department of Finance at the Faculty of Economics and Management of the Gdańsk University of Technology. Publications are situated in the field of social sciences in the discipline of economics and finance. They include books, monographs, articles, publications and scientific editions of monographs and scientific journals. In terms of numbers, it includes the following items: 12 monographs...
-
Monika Gwóźdź - Lasoń dr
PeoplePhD Eng. Monika Gwóźdź-Lasoń, REV Diplomas and scientific degrees 28/11/2007 Acquiring the PhD in technical sciences [630000] [630900]; doctoral dissertation entitled Modele Obliczeniowe Podłoża Gruntowego w Aspekcie Różnych Metod i Technologii Wzmocnienia = Numerical models of the subsoil reinforced by different kind of methods and technology. 1995-2000 Obtaining the degree: Master of Science; Faculty of Civil Engineering,...
-
Exchange-Traded Funds in Europe
PublicationExchange-Traded Funds in Europe provides a single point of reference on a diverse set of regional ETF markets, illuminating the roles ETFs can play in risk mitigation and speculation. Combining empirical data with models and case studies, the authors use diffusion models and panel/country-specific regressions—as well as graphical and descriptive analyses— to show how ETFs are more than conventional, passive investments. With new...
-
Anna Sobieraj-Żłobińska dr inż.
PeopleAnna Sobieraj-Żłobińska (born in 1977 in Przasnysz) graduated from the National Education Commission High School in Przasnysz. From 1996 she continued her studies at the Faculty of Geodesy and Spatial Management at the University of Agriculture and Technology Michał Oczapowski in Olsztyn. In 2001, she obtained a master's degree in engineering at the University of Warmia and Mazury in Olsztyn (thesis topic "Determining a multiple...
-
Błażej Kochański dr
PeopleBłażej Kochański is an assistant professor at the Department of Statistics and Econometrics at the Faculty of Management and Economics of Gdańsk University of Technology, banking risk expert. He worked for banks in Poland and Europe, as a risk specialist, planning and analysis manager, chief risk officer, supervisory board member and management consultant. He built numerous credit risk management models, successfully managed credit...
-
Seaport equipment and facilities. An offer for today, an investment for the future
PublicationIn order to meet customers' requirements and to adapt to the changing market, producers of port equipment try to provide more and more automated solutions containing future-oriented options.
-
Macroeconomic functions of the Russian stock market
PublicationThe purpose of this article is to present the structure of the stock market in the Russian Federation and the significance of this part of national financial system for the whole economy, particularly the degree of main macroeconomic functions fulfillment. First part of the text includes an overview of the main theoretical concepts linked with the stock market roles as well as a brief description of results of selected studies...
-
Property sustainable value versus highest and best use analyzes
PublicationThis article proposes the possibility of applying fuzzy logic theory to perform the tasks of determining the market value of agricultural lands. These tasks are of a multi‐criteria character, as multiple factors are taken into consideration during the land value valuation process. The market value of agricultural land plots, calculated using fuzzy logic methods, can provide a basis for further use in the processes that are directly...
-
state aid for employment of disadvantaged persons
Open Research DataThe dataset encompassed a choice of the most important legal acts, a list of selected Polish and foreign bibliography, together with a list of important individual EC decisions issued on the topic of state aid dedicated to including persons with disabilities to the labour market in Poland and some UE countries in the period 2001-2019. Thanks to that...
-
SkinDepth - synthetic 3D skin lesion database
Open Research DataSkinDepth is the first synthetic 3D skin lesion database. The release of SkinDepth dataset intends to contribute to the development of algorithms for:
-
Distribution of population by tenure status, 2015 (% of population)
Open Research DataFactor affecting the attractiveness of property market in terms of investment, especially of housing, is the ratio of the number of dwellings owned by the population .In 2015, more than a quarter (26.9%) of the EU population lived in their own housing with credit or mortgages, while over 42% occupied their own residential units without credit or mortgages....
-
Stanisław Galla dr inż.
PeopleStanisław Galla was born in 1970 in Gdańsk. He graduated from the Secondary Technical School of Mechanical and Electrical Engineering in Gdansk (1990). He studied at the Faculty of Electrical Engineering at Gdansk University of Technology (graduated in 1996). His PhD thesis entitled "Methodology for increasing the accuracy of low frequency measurements of periodic disturbance indicators in low voltage networks" was defended in...
-
SoundShape - Headphone Transfer Function database
Open Research DataThis publication introduces the SoundShape database, which contains closed-ear headphone transfer functions (HpTF) for fifteen headphone models. Several models included in this database are also found in other well-known databases, such as Virtuoso and Binaural Decoders. However, for some models found in the literature, HpTF filters were unavailable,...
-
Ewelina Sokołowska dr hab.
PeopleEwelina Sokołowska, Ph.D. DSc in Economics, Professor of Economics, and Head of the Division of Digital Economy and Finance at the Faculty of Management and Economics at the Gdańsk University of Technology.She holds a master's degree in economics with a specialisation in financial management. She completed her studies at the Faculty of Economic Sciences and Management at the Nicolaus Copernicus University in Toruń, where she defended...
-
Analysing the Residential Market Using Self-Organizing Map
PublicationAlthough the residential property market has strong connections with various sectors, such as construction, logistics, and investment, it works through different dynamics than other markets; thus, it can be analysed from various perspectives. Researchers and investors are mostly interested in price trends, the impact of external factors on residential property prices, and price prediction. When analysing price trends, it is beneficial...
-
Michał Bernard Pietrzak dr hab.
PeopleMichal Pietrzak is head of the Department of Statistics and Econometrics at the Faculty of Economics and Management, Gdańsk University of Technology, and Deputy Editor-in-Chief for Statistical Reviewing of the journals: Oeconomia Copernicana and Equilibrium. Quarterly Journal of Economics and Economic Policy. Until October 2021, he worked as an associate professor at the Faculty of Economic Sciences and Management, Nicolaus...
-
Functioning and legal regulations of perpetual usufruct right in Poland in relation to similar rights in other countries of the European Union
Publication1 May 2004, Poland became part of the European Union, which main aim is the political, economic and social integration of democratic European countries as well as the construction of a common market ensuring of persons, goods, services and capital move freely. The Accession Treaty provides some transitional periods for the adjustment of the right of Member States to the EU regulations. Next year, 12 years after joining the EU,...
-
Financial markets diffusion patterns. The case of Mexican investment funds
PublicationExchange traded funds (ETFs) are one of the most influential financial innovations, reshaping the investment funds market in many countries, including Mexico. Due to their similar investment objectives, ETFs are considered substitutes for mutual funds. The aim of the article is to provide an in-depth insight into the issues associated with the development of financial markets in Mexico...
-
The publication of the European Commission's guidelines in an official language of a new Member State as a condition for their application.Case comment to the order of the Polish Supreme Court of 3 September 2009 (Ref. No. III SK 16/09) to refer a preliminary question to the Court of Justice of the European Union (C-410/99 Polska Telefonia Cyfrowa sp. z o.o. v Prezes Urzędu Komunikacji Elektronicznej)
PublicationThe case comment concentrates on two issues. In the first place, it contains an analysis of the legal character of the European Commission Guidelines on market analysis and the assessment of significant market power under the Community regulatory framework for electronic communications networks and services. Secondly, it analyses the consequences of the lack of publication of those Guidelines in Polishlanguage in the Official Journal...
-
Two examples of Quantum Dynamical Semigroups
PublicationThe Hamiltonians of the considered bi-partite systems are of the form $$ H_{S,R} = H_S /times 1_R + Q_{S} /times M_R + 1_S /times H_R $$ Subindex $S$ corresponds to the observed system and $R$ to the reservoir (the enviroment of $S$). Two classes of systems are distinguished: the discrete-continuous...
-
Application of Semantic Knowledge Management System in Selected Areas of Polish Public Administration
PublicationThis paper describes an application of semantic technologies and knowledge management systems in chosen areas of Polish public administration. Short analyses of crisis management and EU policy coordination processes are presented. An architecture of a knowledge management system with interfaces using controlled natural language is proposed. A lot of examples are shown that prove a usefulness of semantic knowledge management and...
-
Directions and Prospects for the Development of the Electric Car Market in Selected ASEAN Countries
PublicationThe purpose of this article is to present the current situation and evaluate the opportuni‐ ties for the development of the electric car market in selected Southeast Asian countries in the con‐ text of the current situation in the rest of the world. Currently, the electric car market is at an ad‐ vanced stage of development in regions such as Western Europe, the USA, and China. It should be noted, however, that the number of electric...
-
Polish internet mortgage market: towards fully developed fuzzy model
PublicationThe first part of the paper consists of introduction describing the Polish Internet Mortgage Market. Later there is presented the idea of the rule based model which may be used on this market. Next step consists of fuzzyfication of the model. This process begins with the initial set of variables which was used previously for the rule based model of the same market. As numerous aspects of the market cannot be presented in the crisp...
-
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...
-
Non-monotone graph searching models
PublicationGraph searching encompasses a variety of different models, many of which share a property that in optimal strategies fugitive can never access once searched regions. Monotonicity, as it is called, is vital in many established results in the field however its absence significantly impedes the analysis of a given problem. This survey attempts to gather non-monotone models, that are less researched in effort of summarizing the results...
-
Degree of monopoly and market power vs. price flexibility in Polish economy: empirical analysis based on COICOP classification
PublicationResearch background: The issue of price flexibility is crucial in the economy both in the aspect of company theory and its macroeconomic consequences. In a number of publications, the sources of variable price flexibility are linked to the market power of enterprises as well as the market structure that has developed in a given branch. It is difficult to indicate empirical studies that would state clearly whether price flexibility...
-
Mariusz Franciszek Kaszubowski dr
PeopleBiogram Mariusz Kaszubowski works as Assistant Professor at the Department of Statistics and Econometrics, Faculty of Management and Economics, Gdansk University of Technology. He is teaching descriptive and mathematical statistics, as well social statistics and insurance statistics. He is lecturer of statistics in at postgraduate studies „Lean Six Sigma Black Belt”. He is a graduate of two majors: Management (specializing Insurance...
-
Factors determining selection of production planning and control system
PublicationThe article contains a comparative characteristics of selected systems of production planning and control, such as: MRP, kanban/JiT, DBR/TOC. The results of the performed analyses served as a basis for determining key market factors related to production planning and control functions, which determine the choice of an appropriate system.
-
Market Structure and Market Power in Selected Sectors of The Polish Economy Based on COICOP Classification
PublicationThis paper present new and simple measures of market structure and market power. Based on the classical models of market structures, where a given structure is determined by the number of enterprises, indexes of degree of monopoly have been estimated, representing an average number of entities per branch. Additionally, market power indexes have been determined as an average revenue per an enterprise in a given branch. This approach...
-
The risk of corporate bankruptcy - the conceptual model
PublicationThis article concerns the assessment of different types of risks influencing the corporate bankruptcy risk. The author has developed conceptual model that explains the causes and the trajectories of the collapse of enterprises. In the analyses such factors as demographic, financial, market, political and operational factors influencing the risk of failure were taken into account.