Regional development policy whose main objective is to perform an inter- and an intra-regional allocation of activities and results as efficiently and evenly as possible is one of the most important and most complex policies of the European Union. To identify influential factors of the nominal...

The crucial importance of mountain regions for the cohesion policies is underlined by key Romanian and European Union documents. However, the lack of a unique definition or criteria used to delineate and analyze them constitutes a barrier to the elaboration of development strategies. This study...

Territorial development depends on territorial discontinuities, provided that the region is born of discontinuities, lives through them and is killed by them. Moreover, the equilibrium, as a goal of territorial cohesion, aims to reduce the gaps between regions, paying a special attention to...

The present paper is meant to describe the finite differences methods necessary to determine the value of financial options. In addition is presented the mathematic model of rating European type options. Value determination of an option is made through solving an equation with derivatives....