Methods used for regional development analysis are employed mainly to make forecasts and comparisons. Forecasting models of various types (e.g. econometric models) are usually used for forecasting. Recently, vector-autoregressive models (VAR) have become popular. These models were proposed by Sims in 1980. On the contrary, taxonomic methods (that are in the center of attention as far as the present publication is concerned) are most often employed to make comparisons. Linear ordering methods, including standard methods, are the most popular among ta- nomic methods. They are based on different distance and similarity measures, which leads to the fact that they do not always provide reliable information. When, for example, one construes the standard for a base year and then compares it with data for other years, it may turn out that the measure determined will have worse values than the standard for a real object (region, micro region) although this object is better from the standard. Hence, one must look for new methods employed in regional development analysis or improve hitherto existing ones in such a way so that information obtained re?ects the reality to a larger extent. The main aim of the present publication is to work out methodological basis for regional development analysis based on vector calculus together with assumptions about computer system supporting the implementation of the method suggested.

A new era is emerging in which a group of quantitative methods featuring characteristics of multidimensional comparative analysis (MCA) and multi-criteria decision-making analysis (MCDA) can be used to automate objective decision-making processes. This book introduces the character of the criteria (desirable, non-desirable, motivating, demotivating, and neutral) to MCDA and MCA methods. It presents the author’s own developed methods, the preference vector method (PVM), for solving multi-criteria problems in decision making; and, vector measure construction method (VMCM), which is dedicated to solving typical problems in the field of multidimensional comparative analysis. All methods are explained step by step with relevant examples, primarily in the fields of economics and management.

These proceedings highlight research on the latest trends and methods in experimental and behavioral economics. Featuring contributions presented at the 2017 Computational Methods in Experimental Economics (CMEE) conference, which was held in Lublin, Poland, it merges findings from various domains to present deep insights into topics such as game theory, decision theory, cognitive neuroscience and artificial intelligence. The fields of experimental economics and behavioral economics are rapidly evolving. Modern applications of experimental economics require the integration of know-how from disciplines including economics, computer science, psychology and neuroscience. The use of computer technology enhances researchers’ ability to generate and analyze large amounts of data, allowing them to use non-standard methods of data logging for experiments such as cognitive neuronal methods. Experiments are currently being conducted with software that, on the one hand, provides interaction with the people involved in experiments, and on the other helps to accurately record their responses. The goal of the CMEE conference and the papers presented here is to provide the scientific community with essential research on and applications of computer methods in experimental economics. Combining theories, methods and regional case studies, the book offers a valuable resource for all researchers, scholars and policymakers in the areas of experimental and behavioral economics.

The first stock exchange in Warsaw – capital city of the Kingdom of Poland– was established in 1817. Over the past 205 years, the fortunes of the capital market have been closely linked to the "bumpy road" of Polish history. The establishment of the GPW Warsaw Stock Exchange in 1991 was a landmark for transformation from a centrally planned communist economy to a market-driven capitalist one. Since the doors of the exchange reopened, Polish GDP per capita (current USD) increased eight times, translating into an average yearly growth rate of over 7%. The capital market has played a pivotal role in the economic success of Poland over the last three decades. It is not easy to precisely quantify the impact, as it was rather a spill-over effect. Economic growth has fostered the development of a capital market, and more efficient conversion of savings to investments via the capital market. The excellence of capital market institutions can be gauged with reference to various parameters. A synthetic measure is so-called market status. According to FTSE Russell (global index provider), Polish capital attained developed market status in 2018, being the first and only post-communist state to do so. It is fair to say that transformation has been completed and developed market status indicates clearly that the institutions and regulations are world class. The current challenge is competing with other developed markets for the best issuers and offering the most demanding investors an excellent trading experience. This book offers scientific insight into the Polish capital market story. Authored by a group of renowned scholars, with contributions aspiring to the highest academic standards for theoretical considerations and empirical research. The book covers various topics, including links between monetary policy and capital markets, micro and macro market structures, and investors and issuers' behaviour and strategies. All chapters are rooted in contemporary finance theory, supported by various econometric models based on the most recently available data. The book aims to provide academics and practitioners insight into the Polish capital market, appealing especially to those interested in gaining a deeper understanding of emerging markets' successful transformation into developed ones. It can also be used as supplementary reading for doctoral and master’s students in finance, particularly relating to capital markets and economics – predominantly development economics and economic policy.

Studies of complexity, singularity, and anomaly using nonlocal continuum models are steadily gaining popularity. This monograph provides an introduction to basic analytical, computational, and modeling issues and to some of the latest developments in these areas. Nonlocal Modeling, Analysis, and Computation includes motivational examples of nonlocal models, basic building blocks of nonlocal vector calculus, elements of theory for well-posedness and nonlocal spaces, connections to and coupling with local models, convergence and compatibility of numerical approximations, and various applications, such as nonlocal dynamics of anomalous diffusion and nonlocal peridynamic models of elasticity and fracture mechanics. A particular focus is on nonlocal systems with a finite range of interaction to illustrate their connection to local partial differential equations and fractional PDEs. These models are designed to represent nonlocal interactions explicitly and to remain valid for complex systems involving possible singular solutions and they have the potential to be alternatives for as well as bridges to existing models. The author discusses ongoing studies of nonlocal models to encourage the discovery of new mathematical theory for nonlocal continuum models and offer new perspectives on traditional models, analytical techniques, and algorithms.

This book discusses major topics in measure theory, Fourier transforms, complex analysis and algebraic topology. It presents material from a mature mathematical perspective. The text is suitable for a two-semester graduate course in analysis and will help students prepare for a research career in mathematics. After a short survey of undergraduate analysis and measure theory, the book highlights the essential theorems that have now become ubiquitous in mathematics. It studies Fourier transforms, derives the inversion theorem and gives diverse applications ranging from probability theory to mathematical physics. It reviews topics in complex analysis and gives a synthetic, rigorous development of the calculus of residues as well as applications to a wide array of problems. It also introduces algebraic topology and shows the symbiosis between algebra and analysis. Indeed, algebraic archetypes were providing foundational support from the start. Multivariable calculus is comprehended in a single glance through the algebra of differential forms. Advanced complex analysis inevitably leads one to the study of Riemann surfaces, and so the final chapter gives the student a hint of these motifs and underlying algebraic patterns.

Calculus is one of the milestones of human thought, and has become essential to a broader cross-section of the population in recent years. This two-volume work focuses on today's best practices in calculus teaching, and is written in a clear, crisp style.