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Multi-asset options are options with payoffs affected by at least two underlying instruments. These instruments can be assets such as stocks, indices, currencies or commodities. An important factor infl uencing values of multi-asset options is correlation among log-returns of underlying assets. Thus the options are also called correlation options. In the paper there are presented description and models...
The results of milk processing branch in Lviv region of Ukraine under conditions of market and competitiveness are presented. The role of region’s milk processing branch as well as the milk processing enterprises quantity dynamic and milk and dairy products production and consumption dynamic in region and its factors are shown. The regional products and producers milk and dairy products market structure...
This paper explores the theoretical justifications for public expenditures to support the agriculture sector and farming population. The market failure and welfare rationale for government intervention is contrasted with government failures. In addition to the normative analysis, the paper presents empirical evidence on the level of public agricultural expenditure based on cross-country data with...
This paper attempts to describe the high importance of the agricultural sector and export potential of agricultural products for Georgian economy, while presenting historical evidence and overview of recent trends. Georgian agriculture is primarily in very bad situation with small market surpluses and low productivity. According to World Bank surveys, approximately 83% of Georgia’s rural population...
The state and dynamics of lease land relations as the most common manifestation of market relations in Ukraine are analyzed. Some aspects of theoretical foundations of these relations and their effectiveness are considered. The results of the comparative characteristics of land relations organization on the basis of private ownership of land and its lease are presented. The influence of the lease...
In most European real estate markets, in the last decade, rapid changes in property prices, both upward and downward, were observed. Those fluctuations can be attributed to changes in economic and social factors that affect the property market. The aim of this study was to determine how housing prices are changing under the influence of macroeconomic factors. A multiple regression model was developed...
The issue of professional activity of the elderly is currently the subject of intense debate. The projected decline in the population of young people makes it necessary to raise the level of professional involvement of the more mature part of the labour force. The increase in the economic activity of people aged 50+ is seen as an opportunity to preserve the continuity of economic growth. This paper...
The preparation for international exchange consists of examining marketing mix factors and a value-based approach to customer needs. International exchange has forms ranging from casual export, agency agreements, partnerships, licensing, joint ventures, franchising to wholly owned subsidiaries. There are several ways in which an enterprise can invest directly in a foreign market. The foreign market...
The development of advertising competition forces to undertake measures aimed at increasing effectiveness of the process of influencing potential customers. Advertisers more and more often reach for non-conventional and innovative solutions that are a part of innovativeness in a broad sense. This is facilitated by the development of modern mass media. The article touches the problem of the possibility...
Attention of rational purchaser or seller of real estate is focused on the prices and properties of similar real estates. In the light of the theory of valuation, differentiation in prices on the local market is explained by variation in a few most important properties of marketed real estate. Thus, in the practice of valuation, a important issue is to decide which of many possible attributes are...
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