Sociální pøíjmy a danì významnì pùsobí na rozdìlení pøíjmù ve spoleènosti. Zkoumání jejich redistribuèní funkce je proto tøeba vìnovat dostateènou pozornost. Porovnání rozdìlení hrubého a èistého pøíjmu ukazuje, zda je systém daní a sociálních dávek...

The article presents and investigates new possibilities of multivariate data visualization and their analytical convenience. We demonstrate elementary principles, algorithms and graphical outputs of modern visualization methods with particular focus on Bertin matrices, RADVIZ, Projection pursuit...

The dramatically growing disproportion between the value of corporate assets and market valuation has resulted in a well-researched schism between strategic management and financial theory. Options theory provides a potent tool to resolve this issue. We propose a model which is consistent with...

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...

This paper considers various options replication methods. Firstly, a specific type of barrier option, an up-and-out call, is considered. Other barrier options are briefly also described, and various types of barriers are considered. Secondly, a general definition of replication methods is...

The paper considers company performance measures and the development of the Economic Value Added (EVA) indicator in volatile economies, particularly in the case of the Czech Republic. Methods used for pyramidal analysis, their assumptions, and their application possibilities are discussed. A...

Hedging strategies represent basic instrument used toward eliminating financial risk. Increasing volatility of financial markets and their globalization also lead to higher financial risks. These aspects are especially important for transitional and small open economies. The basic goal of the...