The problem of credit risk management at commercial banks is solved using the stochastic dominance criteria supplementing them with the voting theory elements. The developed stochastic dominance algorithm is based on an investment approach whose basic concept consists in management of both...

A market driven innovation-financing approach has been developed, which approach is based on evaluating capital flow opportunities between individual business lines and economic sectors in general. The problem is solved using the stochastic dominance algorithm, arbitrage technologies and...

A model of building and using synthetic straddles has been developed; it enables an investor to significantly reduce its individual equity risk related to its own basic assets, i.e. shares. The Black-Scholes model, which is regarded as a classical model, cannot be used for this purpose for the...