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Search results for: DIMINISHING RETURNS
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Stock Exchanges Indices and Abnormal Returns in the Crisis Condition
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The Effect of CO2 Gas Emissions on the Market Value, Price and Shares Returns
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The real alternative? A comparison of German real estate returns with bonds and stocks
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Recombinant Human Plasma Gelsolin Stimulates Phagocytosis while Diminishing Excessive Inflammatory Responses in Mice with Pseudomonas aeruginosa Sepsis
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Non-causal final impulse response filters for the maximum return from capital markets
PublicationW artykule rozważa się strategię operacji na rynkach kapitałowych, która polega na kupowaniu lub sprzedawaniu instrumentu finansowego, kiedy sygnał wyjściowy nie-przyczynowego filtru o skończonej odpowiedzi impulsowej osiąga odpowiednio minimum lub maksimum. Celem artykułu jest wyznaczenie "najlepszego" nie-przyczynowego filtru o skończonej odpowiedzi impulsowej (FIR), który zapewnia maksymalną stopę zwrotu z rynku przy użyciu...
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An Attempt to Create Speech Synthesis Model That Retains Lombard Effect Characteristics
PublicationThe speech with the Lombard effect has been extensively studied in the context of speech recognition or speech enhancement. However, few studies have investigated the Lombard effect in the context of speech synthesis. The aim of this paper is to create a mathematical model that allows for retaining the Lombard effect. These models could be used as a basis of a formant speech synthesizer. The proposed models are based on dividing...
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Using the social return on investment (SROI) as a measure of the effectiveness of social innovation projects implemented under public policies
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Introduction of Pro and Its Analogues in the Conserved P1 Position of Trypsin Inhibitor SFTI-1 Retains Its Inhibitory Activity
PublicationA number of monocyclic SFTI-1 analogues modified in the conserved inhibitor P1 position by Pro, its L-hydroxyproline (Hyp) derivative as well as mimetics with different ring size were synthesized by the solid-phase method. Replacement of Ser6 by Pro, Hyp, and a four-member ring, L-azetidine-2-carboxylic acid (Aze), retained trypsin or chymotrypsin inhibitory activity. The determined association equilibrium constants of these analogues...
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A Novel Spatio–Temporal Deep Learning Vehicle Turns Detection Scheme Using GPS-Only Data
PublicationWhether the computer is driving your car or you are, advanced driver assistance systems (ADAS) come into play on all levels, from weather monitoring to safety. These modern-day ADASs use various assisting tools for drivers to keep the journey safe; these sophisticated tools provide early signals of numerous events, such as road conditions, emerging traffic scenarios, and weather warnings. Many urban applications, such as car-sharing...
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Selfishness Detection in Mobile Ad Hoc Networks: How Dissemination of Indirect Information Turns into Strategic Issue
PublicationDla środowiska sieci mobilnej ad hoc przedyskutowano wymienność pomiędzy wydatkiem energetycznym węzła egoistycznego a obniżaniem jego metryki reputacyjnej. Badania symulacyjne wskazują, że atakom polegającym na selektywnym usuwaniu pakietów można przeciwdziałać poprzez datacentryczny system reputacyjny bazujący na potwierdzeniach końcowych, który nakazuje jednakowo uaktualniać metryki reputacyjne dla wszystkich węzłów na źle zachowującej...
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Pressure in charge. Neglected parameter in hydrothermal synthesis turns out to be crucial for electrochemical properties of ammonium vanadates
PublicationAmmonium vanadates are of great interest as they exhibit unusual electrical and sensory properties.(NH4)2V6O16and (NH4)2V10O25$8H2O with various morphology were obtained in the hydrothermalsynthesis under controlled temperature and pressure. It was shown, that the pure (NH4)2V10O25$8H2Owas obtained under 50 bar of initial pressure, whereas lower pressure lead to the mixture of twocompounds. The influence of the pressure was studied...
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Cryptocurrencies as a Speculative Asset: How Much Uncertainty is Included in Cryptocurrency Price?
PublicationThe aim of this paper is to examine the relationship between uncertainty indices (Geopolitical Uncertainty Index and Global Economic Policy Uncertainty Index) and cryptocurrencies. This study evaluated the behavior of cryptocurrencies with the evolution of uncertainties (GPU, EPU) on returns and volatility in terms of safe heaven as in traditional specualtive assets it increases their volaitility and reduces risk. For this purpose,...
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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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ESG investing during the Covid-19 crisis. Evidence from Central European Stock Exchanges
PublicationAs COVID-19 turned into a global pandemic, world markets gradually began to recover after initial dynamic declines. Restrictions, and their subsequent loosening, were, and are, not without significance for the financial markets. These particular circumstances provide a unique opportunity to contribute to the literature by focusing on the potential resilience of ESG (environmental, social and governance) investing in an era of crisis....
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Overcoming gender bias in the digital economy. Empirical evidence for European countries
PublicationThis study aims to contribute to understanding the gender biases that emerge in the digital technology-related field. More specifically we concentrate on examining whether gender gaps are diminishing or are persistent in terms of women’s enrollment in technology-related programs at the tertiary level of education and for female STEM graduates. Next, this evidence is confronted with gender biases in the labor market regarding changing...
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EVOLUTIONARY MULTI–OBJECTIVE WEATHER ROUTING OF SAILBOATS
PublicationThe paper presents a multi-objective method, which optimises the route of a sailboat. The presented method makes use of an evolutionary multi-objective (EMO) algorithm, which performs the optimisation according to three objective functions: total passage time, a sum of all course alterations made during the voyage and the average angle of heel. The last two of the objective functions reflect the navigator’s and passenger’s comfort,...
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Cross-Bonding of MV Cable Lines for Energy Losses Decrease
PublicationCurrently, almost all medium voltage cable lines (MV) operate with the return wires earthed at both ends of the cable. Such a way of operation causes that during normal states of operation as well as during disturbances, e.g. short-circuits, in the return wires induce currents whose values mainly depend on the currents flowing in the phase wires. These currents in normal operating states are a source of additional energy losses...
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INWESTYCJE ALTERNATYWNE – OPŁACALNOŚĆ A RYZYKO
PublicationW rozprawie określono pojęcie oraz miejsce inwestycji alternatywnych na rynku inwestycyjnym. Wskazane zostały atrybuty tych inwestycji. Zbudowano klasyfikację inwestycji alternatywnych w podziale na kategorie oraz typy wraz ze wskazaniem powiązań pomiędzy poszczególnymi produktami. Dokonano autorskiego podziału analizowanych inwestycji na aktywne i pasywne. Zbadano stopę zwrotu i ryzyko pięćdziesięciu inwestycji alternatywnych,...
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Multi-objective weather routing of sailboats considering wave resistance
PublicationThe article presents a method to determine the route of a sailing vessel with the aid of deterministic algorithms. The method assumes that the area in which the route is to be determined is limited and the basic input data comprise the wind vector and the speed characteristic of the vessel. Compared to previous works of the authors, the present article additionally takes into account the effect of sea waves with the resultant resistance...
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APPLICATION OF THE HIGH FREQUENCY LINEARIZATION OF THE EAR IN PATIENTS WITH TINNITUS . Metoda linearyzacji narządu słuchu u osób cierpiących z szumami usznymi
PublicationThis paper summarises the problem of tinnitus, hypotheses on its causes and the treatment methods. Moreover, a hypothesis on tinnitus origins is explained, based on the mechanisms of the analog-to-digital conversion and quantization. In addition, this paper describes methods of determining the acoustic intensity and spectra of low- level ultrasonic signals, as well as impedance characteristics of an ultrasound transducer. Furthermore,...
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Balancing agility and discipline in a research project
PublicationSuccessful software development requires both agility and discipline. Optimal selection of methods, however, is not an easy task. The problem becomes even more difficult for long lasting projects. Appropriate selection of methods involving skillful introduction and abandonment of certain practices in time makes the whole process dynamic. The paper presents in this context a research project which was realized in a few iterations....
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Evaluation of Readiness of IT Organizations to Agile Transformation Based on Case-Based Reasoning
PublicationNowadays many of IT organization decides to change the way of delivering from classic, waterfall approach to agile. This transition is called “agile transformation” (AT). The problem of this process is that part of companies started AT without any analysis. This causes that many of transitions fails and organizations must return to old methods of delivering. Cost of return is significant and number of projects with violated project...
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When all we have is not enough: a search for the optimal method of quantifying inflation expectations
PublicationAlthough inflation expectations are pivotal variables for central banks, they are not directly observable. Therefore, central banks use qualitative survey results to proxy consumer expectations, and their quantification in this manner is often criticized. In this study, we investigate and identify an optimal quantification procedure for survey results based on a set of regression and probabilistic models. Specifically, we seek...
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Global Digital Technology Convergence: Driving Diffusion via Network Effects
PublicationSince the 1970s, we have witnessed unprecedented diffusion of digital technologies in both speed and geographic coverage. These technologies are pervasive and disruptive, and lead to profound shifts and transformations in societies and economies. Many claim that emerging network externalities are the principal phenomenon driving the process of technology diffusion and determining its in-time dynamics. This book analyses the unique...
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Coplanar Waveguide Fed Ultra-Wideband Antenna Over the Planar and Cylindrical Surfaces
PublicationThe investigation of coplanar waveguide fed ultra-wideband antenna and the influence of the proximity of different materials on the reflection coefficients and radiation character-istics is presented. The antenna is composed of two circular coplanar strips which enclose slot aperture of similar shape and is designed on a thin and flexible substrate. From the modeling and experimental tests the antenna shows good performance in...
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FINITE GROUND CPW-FED UWB ANTENNA OVER THE METALLIC CYLINDRICAL SURFACES
PublicationThe investigation of finite ground coplanar fed ultra-wideband (UWB) antenna and the influence of its curvature and the proximity of circular metallic screen on the reflection coefficients and radiation characteristics is presented. The antenna is composed of two circular coplanar strips which enclose slot aperture of similar shape and is designed on a thin and flexible substrate which allows its bending. The antenna configuration...
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Short-Term Price Reaction to Filing for Bankruptcy and Restructuring Proceedings—The Case of Poland
PublicationThis study aims to check market reaction to filing for bankruptcy and restructuring proceedings and to verify the short-term effect of a price reversal in the Polish market in the years 2004–2019. The research was conducted by dividing the analysed companies according to the procedure (bankruptcy and restructuring) and market (the main market and the NewConnect market). The research methodology used in the study is the event analysis...
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Discrete Green's function approach to disjoint domain simulations in 3D FDTD method
PublicationA discrete Green’s function (DGF) approach to couple 3D FDTD subdomains is developed. The total-field/scattered-field subdomains are simulated using the explicit FDTD method whilst interaction between them is computed as a convolution of the DGF with equivalent current sources measured over Huygens surfaces. In the developed method, the DGF waveforms are truncated using the Hann’s window. The error varies in the range -65 to -40...
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A structure and simulation-driven design of compact CPW-fed UWB antenna
PublicationIn this letter, a structure of a miniaturized ultra-wideband CPW-fed antenna and its design proce-dure are presented. The antenna is a modified version of the design previously proposed in the literature, with additional degrees of freedom introduced in order to improve the structure flexibility. The small size is achieved by executing a rigorous optimization procedure that consists of two stages: (i) smart random search carried...
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Stock price reactions to an arrangement approval in restructuring proceedings – the case of Poland
PublicationThe study aims to empirically analyze the reaction of stock prices to the information about the conclusion and acceptance of a debtor–creditor arrangement under restructuring proceedings of companies listed on the stock exchange in Poland. The following main research hypothesis was verified: public disclosure of information about an arrangement conclusion and acceptance in restructuring proceedings...
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Scheduling of unit-length jobs with bipartite incompatibility graphs on four uniform machines
PublicationThe problem of scheduling n identical jobs on 4 uniform machines with speeds s1>=s2>=s3>=s4 is considered.The aim is to find a schedule with minimum possible length. We assume that jobs are subject to mutual exclusion constraints modeled by a bipartite incompatibility graph of degree delta. We show that the general problem is NP-hard even if s1=s2=s3. If, however, delta<5 and s1>12s2 s2=s3=s4, then the problem can be solved to...
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Changes in Manufacturing Industries- an Empirical Verifiction of the Kaldor-Verdoorn Laws
PublicationThis paper focus on showing the importance of manufacturing industry for the growth of selected european countries from a kaldorian perspective. the author discusses and testes two (the first and the second) kaldor-verdoorn laws, which state that manufacturing is the engine of growth (the first law) and that exist positive relation between labour productivity and output in manufacturing industries because of increasing returns...
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Underwater Navigation Ssystem Based on Doppler Shift – Measurements and Error Estimations
PublicationA new acoustic navigation system was developed to determine the position and speed of moving underwater objects such as divers and underwater vehicles. The path of an object and its speed were determined by the Doppler shifts of acoustic signals emitted by a transmitter placed on the object and received by four hydrophones installed at the periphery of the monitored body of water. The position and speed measurements were affected...
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Experimental Investigations of Fracture Process Using DIC in Plain and Reinforced Concrete Beams under Bending
PublicationThe fracture behaviour of concrete and reinforced concrete beams under quasi-static three-point bending was comprehensively investigated with experiments at laboratory scale. The eight various concrete mixes were tested. The influence of the shape, volume and size of aggregate particles and reinforcement on concrete fracture under bending was studied. Displacements on the surface of concrete beams were measured by means of the...
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Rapid dimension scaling of triple-band antennas by means of inverse surrogate modeling
PublicationGeometry scaling of antennas, i.e., finding optimum dimensions of the structure for given operating conditions and material parameters is an important yet challenging problem. In this paper, we discuss fast dimension scaling of triple-band antennas with respect to operating frequencies. We adopt the inverse surrogate modeling approach where the surrogate model is a function of the three operating frequencies of the antenna and...
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Numerical Test for Stability Evaluation of Discrete-Time Systems
PublicationIn this paper, a new numerical test for stability evaluation of discrete-time systems is presented. It is based on modern root-finding techniques at the complex plane employing the Delaunay triangulation and Cauchy's Argument Principle. The method evaluates if a system is stable and returns possible values and multiplicities of unstable zeros of the characteristic equation. For state-space discrete-time models, the developed test...
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Comparing Arbitrary Unrooted Phylogenetic Trees Using Generalized Matching Split Distance
PublicationIn the paper, we describe a method for comparing arbitrary, not necessary fully resolved, unrooted phylogenetic trees. Proposed method is based on finding a minimum weight matching in bipartite graphs and can be regarded as a generalization of well-known Robinson-Foulds distance. We present some properties and advantages of the new distance. We also investigate some properties of presented distance in a common biological problem...
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Inwestycja w złoto – bezpieczna przystań, zabezpieczenie czy źródło dywersyfikacji dla polskiego inwestora
PublicationW artykule scharakteryzowano pojęcie inwestycji zabezpieczającej, dywersyfikującej oraz inwestycji określanej jako bezpieczna przystań. Celem opracowania jest zbadanie, czy występują powiązania między stopami zwrotu osiąganymi na polskim rynku akcji a stopami zwrotu z inwestycji w złoto. W pracy zweryfikowano hipotezę: stopa zwrotu z inwestycji w złoto spełnia funkcję inwestycji zabezpieczającej w długim okresie w stosunku do inwestycji...
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Balkan Stock Exchanges – Consideration of the Length of the Estimation Window in Similar Markets
PublicationPurpose: We study if capital markets in the Balkan are closely and positively related in terms of rate of return, risk, efficiency, and maximum cumulative loss in relation to different lengths of the estimation window. Design/Methodology/Approach: The research was carried out for the period from 01/01/2017 to 31/12/2019 using portfolio analysis. It was divided into an estimation window (01/01/2019 to 31/12/2019) and another with...
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Novel structure and size-reduction-oriented design of microstrip compact rat-race coupler
PublicationIn this paper, a novel structure of a miniaturized microstrip rat-race coupler has been proposed. Surrogate-based optimization procedures are applied to explicitly reduce the coupler size while maintaining equal power split at the operating frequency of 1 GHz and sufficient bandwidth for return loss and isolation characteristics. The optimization is performed using the objective function with four penalty components. The footprint...
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Extended duration running and impulse loading characteristics of an acoustic bearing with enhanced geometry
PublicationThis paper presents performance during prolonged running of the acoustic bearing when PZTs are switched off and when they are switched on. The effect of active PZT on shaft’s displacements in X and Y directions is clearly demonstrated. Performance of the acoustic bearing was also assessed when an impulse force was applied to the running shaft at speed. Once again the benefits of having PZTs active are beyond doubt. The instability...
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Parallel implementation of the DGF-FDTD method on GPU Using the CUDA technology
PublicationThe discrete Green's function (DGF) formulation of the finite-difference time-domain method (FDTD) is accelerated on a graphics processing unit (GPU) by means of the Compute Unified Device Architecture (CUDA) technology. In the developed implementation of the DGF-FDTD method, a new analytic expression for dyadic DGF derived based on scalar DGF is employed in computations. The DGF-FDTD method on GPU returns solutions that are compatible...
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Sonocatalytic degradation of tetracycline antibiotic using zinc oxide nanostructures loaded on nano-cellulose from waste straw as nanosonocatalyst
PublicationThe aim of the present investigation was the combination of ZnO nanostructures with nano-cellulose (NC) for the efficient degradation of tetracycline (TC) antibiotic under ultrasonic irradiation. The removal efficiency of 12.8% was obtained by the sole use of ultrasound (US), while the removal efficiency increased up to 70% by the US/ZnO treatment process. Due to the integration of ZnO nanostructures with NC, the removal efficiency...
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Digital Gaps and Economic Inequalities in MENA Countries: An Empirical Investigation
PublicationThis research contributes to the present state of the art by examining changes in cross-country inequalities in digital technologies deployment and economic performance. Our empirical target builds on the hypothesis that rapid global diffusion of digital technologies unequivocally leads to gradual eradication of cross-country digital gaps and cross-country inequalities in terms of deployment of ICT; the technology convergence occurs....
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Analiza skuteczności wybranych strategii kontrariańskich na warszawskiej GPW w latach 2014–2018
PublicationCapital multiplication is the main goal of investors and for many years they have been looking for methods and strategies that would enable them to achieve it to the greatest possible extent. Due to the fact that the expectations and characteristics of investors, including those concerning the investment period, are diverse, multiple strategies have emerged. One of such strategies, mainly long-term in nature, is the so-called...
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Optimizing the parameters of a small standalone hybrid power system
PublicationA hybrid power plant consists of renewable energy resources, an energy storage, a discharge load and an emergency power supply. Power plant parameters are tailored to meet the requirements of continuity of supply, cost minimization, return on investment period and system capacity utilization. The papaer presents the methodology for selecting power plant parameters with a larger number of decision criteria. The task is solved...
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Effects of deviations from thermo-rheologically simple behavior of asphalt mixes in creep on developing of master curves of their stiffness modulus
PublicationThe paper presents the deviations from the thermo-rheologically simple behavior of asphalt mixes and their effects on the developing of master curves of stiffness modulus. Eleven different mixes were tested in three point bending test under constant load at temperatures –20°C, –10 °C and 0 °C, and in some cases at +10 °C. The test method was developed at the Gdansk University of Technology, Poland. The applied stress level was...
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Accuracy of a low-cost autonomous hexacopter platforms navigation module for a photogrammetric and environmental measurements
PublicationA photogrammetry and environmental measurements from an unmanned aerial vehicle (UAV) are a low-cost alternative for a traditional aerial photogrammetry. A commercial off-the-shelf products (COTS) offers a variety of cheap components that a suitable to be used on board a UAV. In this paper a low-cost navigation module based on Ublox NEO-M8N GPS and Pixhawk flight controller have been described, as a main extrinsic parameters source...
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Modeling of entrained flow steam gasification of sewage sludge
PublicationProper management of sewage sludge becomes increasingly problematic due to legal requirements aiming at diminishing environmental impact, as well as rationalizing the utilization from the point of view of logistics. Steam gasification of sewage sludge can result in very good quality of the producer gas. So far, the works have been focused on the gasification in fixed bed gasifiers. However, this does not allow to take full advantage...
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SUPPORT FOR OLDER ADULTS DURING COVID19 PANDEMIC – HOW DID LOCAL AUTHORITIES IN THE POMERANIAN REGION RESPOND TO THE CHALLENGE?
PublicationThe COVID-19 pandemic, apart from health threats, has shown the problem of older adults’ social isolation and loneliness in aging societies that has been progressing for several decades. Older adults’ singularisation, loosening family relations, diminishing families’ caring potential, caused that during the lockdown, many older adults – without the neighbours’ or NGOs’ support or the activities undertaken by local authorities –...