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Search results for: TOTAL ECONOMIC VALUE, CONTINGENT VALUATION METHOD, MAJOR SPORTING EVENT, NON-MEGA SPORTING EVENT, WILLINGNESS-TO-PAY, PUBLIC FUNDS
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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 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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IS SMALLER BETTER? THE VALUATION OF SOCIAL IMPACTS OF DIFFERENTLY SIZED SPORTING EVENTS. THE CASE OF GDAŃSK
PublicationIntroduction. There is a discourse in the international literature regarding the impact of large sporting events on the place where they are held. In the last few years, particular emphasis has been laid on intangible effects, including social impacts that may occur not only in the case of mega sporting events but also in smaller sporting events. Therefore, the main aim of this paper is to estimate the monetary value of intangible...
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Residents' Perception of Intangible Benefits and Costs Associated with Hosting Major Sporting Events
PublicationThe main purpose of this paper is to estimate on the basis of inhabitants’ perception the overall composite and aggregated scores of two major sporting events held in Ergo Arena hall, on the border of Gdańsk and Sopot, in northern Poland. The indirect aim is to identify the determinants affecting the monetary offers of the locals of the two cities. The research results unveil that major sporting events may determine the appearance...
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Residents’ Perception of Intangible Benefits and Costs Associated with Hosting Major Sporting Events
PublicationThe main purpose of this paper is to estimate on the basis of inhabitants’ perception the overall composite and aggregated scores of two major sporting events held in Ergo Arena hall, on the border of Gdańsk and Sopot, in northern Poland. The indirect aim is to identify the determinants affecting the monetary offers of the locals of the two cities. The research results unveil that major sporting events may determine the appearance...
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Stock Markets’ Reactions to the Announcement of the Hosts. An Event Study in the Analysis of Large Sporting Events in the Years 1976–2032
PublicationThis study attempts to estimate the impact of the announcements of hosts of large sporting events on domestic stock markets. The research problem is to establish a connection between the uniqueness of a sporting event and investors’ beliefs through stock price behavior. Using appropriate estimation windows, 13 different sporting events classified as large, including mega and major events, were tested. The obtained results show...
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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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ESTIMATION OF THE WILLINGNESS-TO-PAY FOR PRESERVING THE FOOTBALL ARENA IN GDANSK
PublicationThe European Football Championship (Euro 2012) organized in Poland became the pretext for a number of infrastructural changes. A high level of expenditure makes the Polish event the most expensive among events of this magnitude. The fact that these changes were 100% financed by public funds raises the question of whether these funds were used in a substantiated way. Therefore, the aim of this study is...
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Tangible and intangible economic impact of hosting mega sporting events
PublicationDue to the fact that the impetus for the creation of this paper was inaccuracies in the results of research relating to the economic effects caused by the organisation of mega sporting events, an analysis of the impact of 1988-2008 mega sporting events on host economies was conducted. The research shows that in selected areas of the economy, sporting events can be identified, with occasional positive (SOG) and negative (WOG) economic...
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IMPACT OF THE ORGANISATION OF MEGA SPORTING EVENTS ON SELECTED ELEMENTS OF THE TOURISM SECTOR
PublicationIntroduction. In the world-wide literature, there is no unanimity in the assessment of the impact of mega sporting events on the tourism sector. Therefore, the main purpose of this study was to quantify the impact of mega sporting events on changes in tourist inflow and the amount of expenditure incurred by visitors. Material and methods. In this study, an ex-post analysis of many different categories of mega sporting events was...
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The Economic Legacy of Mega Sporting Events. The Impact of Hosting European Olympic Games on GDP Growth Through Infrastructure Development
PublicationIntroduction. The positive legacy of the Olympics is often cited by the International Olympic Committee and national or-ganizers. Some scholars, however, question an uncritical approach to an exclusively positive economic legacy. The aim of this study is to evaluate the impact of hosting the Olympics on infrastructure development, with a potential impact on economic growth in the form of Gross Domestic Product (GDP) in three phases...
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The Attitude of Polish Entrepreneurs to the Fact of Staging the Mega Sport Event - the Case of Pomeranian SMEs Towards Euro 2012
PublicationIn the course of preparations to the 2012 European Football Championship (Euro 2012) many doubts have arisen as to the actual cost-benefit balance affecting the hosting country. The event is accompanied by intense promotion of the agglomeration and the region, especially abroad. In effect, one can anticipate the competitive position of both the region and the businesses operating there to improve. The investigation whether the...
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Euro 2012 in Gdańsk, Poland. Is it worth using public funds?
PublicationThe aim of this study is to estimate the willingness - to - pay (WTP) among the community of the Pomeranian region, Poland in connection with intangible benefits and costs st emming from hosting the Euro 2012 in Gdansk. A survey conducted among 407 respondents was the source of information. The results of the study show that the average value of WTP benefit for the whole sample was 45,72 PLN2012 and WTP cost...
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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...
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SCIENCE OF THE TOTAL ENVIRONMENT
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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:...
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Sustainable Investing. Socio-Economic Impacts of Exchange-Traded Funds
PublicationSustainable Investing: Socio-Economic Impacts of Exchange-Traded Funds examines the social and economic effects of sustainable investing ETFs and their impacts on the global financial system. The book presents the key issues with regard to sustainable investing, discussing exchange-traded funds mechanisms and categories in comparison to competing investment funds. The book outlines the theoretical determinants of ETF markets development...
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Event driven MPC for networked control systems
PublicationBecause of variable delays and stochastic data packets loss networked control systems require suitable algorithms to ensure stability of the control system and guarantee desired control performance. This paper presents the idea of an event driven approach with MPC controller. In opposition to network compensation, where standard regulators are used, the presented solution integrates network with plant. A MPC based controller is...
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A Parallel Corpus-Based Approach to the Crime Event Extraction for Low-Resource Languages
PublicationThese days, a lot of crime-related events take place all over the world. Most of them are reported in news portals and social media. Crime-related event extraction from the published texts can allow monitoring, analysis, and comparison of police or criminal activities in different countries or regions. Existing approaches to event extraction mainly suggest processing texts in English, French, Chinese, and some other resource-rich...
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Theory & Event
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Acceleration of decision making in sound event recognition employing supercomputing cluster
PublicationParallel processing of audio data streams is introduced to shorten the decision making time in hazardous sound event recognition. A supercomputing cluster environment with a framework dedicated to processing multimedia data streams in real time is used. The sound event recognition algorithms employed are based on detecting foreground events, calculating their features in short time frames, and classifying the events with Support...
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Support Vector Machine Applied to Road Traffic Event Classification
PublicationThe aim of this paper is to present results of road traffic event signal recognition. First, several types of systems for road traffic monitoring, including Intelligent Transport System (ITS) are shortly described. Then, assumptions of creating a database of vehicle signals recorded in different weather and road conditions are outlined. Registered signals were edited as single vehicle pass by. Using the Matlab-based application...
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The impact of initial and boundary conditions on severe weather event simulations using a high-resolution WRF model. Case study of the derecho event in Poland on 11 August 2017
PublicationPrecise simulations of severe weather events are a challenge in the era of changing climate. By performing simulations correctly and accurately, these phenomena can be studied and better understood. In this paper, we have verified how different initial and boundary conditions affect the quality of simulations performed using the Weather Research and Forecasting Model (WRF). For our analysis, we chose...
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Euro 2012 economic impact on host cities in Poland
PublicationThe UEFA European Championship (Euro) is among the world's most important sporting events staged nowadays. Apart from tremendous excitement among football fans, such a major event has a number of other implications, above all of economic nature. This study, as one of the few concerned with the Polish circumstances, is intended to determine what significance should be attributed to stage the Euro 2012 in Polish host cities. aware...
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Factors Forming the Consumers’ Willingness to Pay a Price Premium for Ecological Goods in Ukraine
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Distributed Framework for Visual Event Detection in Parking Lot Area
PublicationThe paper presents the framework for automatic detection of various events occurring in a parking lot basing on multiple camera video analysis. The framework is massively distributed, both in the logical and physical sense. It consists of several entities called node stations that use XMPP protocol for internal communication and SRTP protocol with Jingle extension for video streaming. Recognized events include detecting parking...
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Consumer willingness to pay a price premium for ecological goods: a case study from Ukraine
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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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Modeling of event trees for the rapid scenario development
PublicationThe paper concerns the safety of ships in abnormal/damage conditions. Some conclusions following from the research associated with development of a method for safety assessment of ships in abnormal/damage conditions is presented in the paper. The method called SSAMADC (Ship Safety Assessment Method in Abnormal/Damage Conditions) is a risk-based method and is connected with application of the quantitative risk assessment QRA approach....
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Economic significance of initial public offerings in China and India
PublicationRapid economic growth in China and India has attracted attention of many researchers, focusing on various social and economic factors underlying the success of these countries. One of the key components of country’s economy is financial system which consists of segments such as banking sector and equity market. The topic of initial public offerings (IPOs), one of the corporate financing sources, involving raising funds through...
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Extinction Event Concepts for the Evolutionary Algorithms
PublicationThe main goal of this present paper is to propose a structure for a tool helping to determine how algorithm would react in a real live application, by checking it's adaptive capabilities in an extreme situation. Also a different idea of an additional genetic operator is being presented. As Genetic Algorithms are directly inspired by evolution, extinction events, which are elementary in our planet's development history, became...
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Event Infrastructure - Short-lived or Forever?
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Rating by detection: an artifact detection protocol for rating EEG quality with average event duration
PublicationQuantitative evaluation protocols are critical for the development of algorithms that remove artifacts from real EEG optimally. However, visually inspecting the real EEG to select the top-performing artifact removal pipeline is infeasible while hand-crafted EEG data allow assessing artifact removal configurations only in a simulated environment. This study proposes a novel, principled approach for quantitatively evaluating algorithmically...
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Simulations of the Derecho Event in Poland of 11th August 2017 Using WRF Model
PublicationThis series contains datasets related to the forecasting of a severe weather event, a derecho, in Poland on 11 August 2017. The simulations were conducted using the Weather Research and Forecasting (WRF) model version 4.2.1 with different initial and boundary conditions of the pressure and model levels derived from 5 global models: Global Forecast System (GFS), Global Data Assimilation System (GDAS), European Centre for Medium-Range...
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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...
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Krystian Zawadzki dr hab. inż.
PeopleKrystian Zawadzki is associate professor in the Department of Finance at the Faculty of Management and Economics of the Gdańsk University of Technology; member of the Polish Olympic Academy at the Polish Olympic Committee; coordinator of the Stock Exchange School (Warsaw Stock Exchange) in Gdańsk; Head of postgraduate studies "Capital Investments and Personal Finance Management"; member of the audit committee of the sports club...
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Analysis of GNSS sensed precipitable water vapour and tropospheric gradients during the derecho event in Poland of 11th August 2017
PublicationNowadays, one of the techniques that meets the increasing requirements of meteorologist in terms of monitoring of severe weather events is global navigation satellite systems (GNSS), which can provide information about the tropospheric state independently of the weather conditions and even in real time. In this paper we present the usage of GNSS sensed tropospheric data to monitor sudden and intense weather events. Our analyses...
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Event-Triggered Communication in Cooperative, Adaptive Model Predictive Control of a Nuclear Power Plant’s Turbo–Generator Set
PublicationThis paper discusses the issue of optimizing the communication between the components of a cooperating control system formed by a pair of MPC controllers of a nuclear power plant turbine set using online recursive least squares identification. It is proposed to use event-triggered communication, i.e., sending information only at selected time instants, as opposed to the standard approach where communication is triggered by time...
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Evaluation of sound event detection, classification and localization in the presence of background noise for acoustic surveillance of hazardous situations
PublicationAn evaluation of the sound event detection, classification and localization of hazardous acoustic events in the presence of background noise of different types and changing intensities is presented. The methods for separating foreground events from the acoustic background are introduced. The classifier, based on a Support Vector Machine algorithm, is described. The set of features and samples used for the training of the classifier...
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Pertussis outbreak in Polish shooters with adverse event analysis
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MICROSEISMIC EVENT DETECTION USING DIFFERENT ALGORITHMS ON REAL DATA FROM PATCH ARRAY GEOPHONE GRID FROM EASTERN POMERANIA FRACTURING JOB
PublicationThe microseismic monitoring is a method of monitoring of fracture propagation during hydraulic fracturing process. Hydraulic fracturing is a method of reservoir stimulation used especially for unconventional gas recovery. A matrix of several thousand geophones is placed on the surface of earth to record every little tremor of ground induced by fracturing process. Afterwards, the signal is analysed and the place of tremor occurrence...
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Dangerous sound event recognition using Support Vector Machine classifiers
PublicationA method of recognizing events connected to danger based on their acoustic representation through Support Vector Machine classification is presented. The method proposed is particularly useful in an automatic surveillance system. The set of 28 parameters used in the classifier consists of dedicated parameters and MPEG-7 features. Methods for parameter calculation are presented, as well as a design of SVM model used for classification....
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Journal of Convention & Event Tourism
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Event Management
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The birth of the first child as a positive event in the lives of young parents
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Magdalena Apollo dr inż.
People2017 - PhD in Civil Engineering, thesis: Risk management in construction investments related to urban regeneration projects, Gdansk University of Technology IX 2012–VI 2013 - Postgraduate Studies at Gdynia Maritime University: Research Project Management (IPMA D Certificate) 2010 – MSc in Management and Marketing, Gdansk University of Technology 2007 – MSc in Civil Engineering, Gdansk University of Technology 2007-2010 - structural...
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Transport of dangerous goods by rail, and threats to the subsoil of the railway surface in the event of a disaster
PublicationIn Poland, in 2020, the mass of dangerous goods (loads) transported by rail was 26 151.06 thousand tone. This translated into the performance of 8 899 691.89 thousand tone - km of transport performance. In 2020, these figures accounted for 11.72% of the weight of goods transported by rail. The situation is similar in other countries around the world. With such a large volume of transport of dangerous...
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RECSYS CHALLENGE 2015: a BUY EVENT PREDICTION IN THE E-COMMERCE DOMAIN
PublicationIn this paper we present our approach to RecSys Challenge 2015. Given a set of e-commerce events, the task is to predict whether a user will buy something in the current session and, if yes, which of the item will be bought. We show that the data preparation and enrichment are very important in finding the solution for the challenge and that simple ideas and intuitions could lead to satisfactory results. We also show that simple...
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An analysis of valuation principles of the properties intended for public roads
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JOURNAL OF NON-CRYSTALLINE SOLIDS
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