Publications in foreign or domestic scientific journals are an important part of research output. And so is the citation feedback on these publications, which is done by other scientists in this field of science. One of the tools which can effectively and impartially evaluate the publication and...

Estimation of volatility of financial time series plays a crucial role in pricing derivatives. Volatility is often estimated from historical data; however, it is well known that volatility varies in time. We propose a method to choose a suitable length of historical data to estimate contemporary...

The power-generation industry offers numerous opportunities to apply real options. This paper uses current empirical market data to estimate the value of flexibility in the Czech energy sector, which can serve to compare available technologies, and support various investment decisions. The model...