When determining a group ranking, the information about experts’ opinions may be sometimes incomplete. In such cases, usually only the outranking matrix L or the majority margin matrix is available. Debord [2] presented a technique for constructing the set of experts’ opinions based on the...

This paper presents a new approach to modeling the variability of power generation from a renewable source such as wind or flowing water. The force of the power generating agent is assumed to change according to a semi-Markov process with finite state space. For the purpose of its construction,...

We consider education as a number of multistage creative processes and analyse one of them - teaching knowledge (Process P1) - in detail. We describe the idea of a Virtual Production Line (VPL) in the sense introduced by Walukiewicz in 2006 as an extension of Henry Ford’s Classical Production...

The papers included in two issues 2/2013 and 3/2013 were presented

The editorial discusses papers included in 4/2013 issue of ORD

The papers included in two issues 2/2013 and 3/2013 were presented

This article measures the reaction of marginal investors to the announcement of a surprise dividend increase. Although field research is performed on companies listed on the Warsaw Stock Exchange, the article has important theoretical implications. Valuation theory gives many clues for the...

Scoring the negotiation template and building the scoring system of the negotiation offers is a starting point for negotiation analysis. It is usually done by means of classic additive scoring model. Latest research confirms however that TOPSIS may be a good alternative for SAW-based models,...

Some aspects of discounting of infinite streams of economic quantities (consumption, saving, utility) are considered. The main points of the paper may be summarized as follows. The philosophy of discounting concerns methods of evaluation and/or comparison of multi-period phenomena and processes....

Numerous problems that emerge in the process of project management can be presented as multi-criteria issues and solved with the help of the appropriate methods. The contracting authority, selecting one tender out of many available tenders, assesses them, taking into account various criteria,...