The paper deals with formulation of multi-asset option pricing problems with different payoff functions. Multi-variability is important concept in financial engineering as many non-standard structured products in the market are exposed to multiple source of randomness. Spot prices of underlying a...

Nowadays we live in deep integration. In global world, everything is related to everything. Any decision of monetary or fiscal policy does not stay without response. So how can be the economic growth in small open economy supported? Which instruments should be used? The articl...

Electronic virtual markets can serve as an alternative tool for gathering information that is spread among numerous experts. Information is basic element of decision support system as part of enterprise information system. These in-house prediction markets can be important part of business&#...

A significant part of the GDP (about 24 billion EUR per year) is allocated through public procurement from public resources in the Czech Republic. There are some changes concerning the obligations of contracting authority as well as contractors after the new act on public proc...