In the current era of globalised financial markets, the stock market cannot be assessed solely by comparing quantitative features such as the number of listed companies or capitalisation on the stock exchange. This is of secondary importance from an investor's point of view. What is important, however, is how a given stock market behaves towards the environment – whether it is ‘hyperactive’ or ‘excessively lethargic’ in response to information. This book provides an innovative tool for assessing global stock markets. It describes the complex concept of ‘stock market development’ in light of classical and behavioural finance theories and considers both quantitative (the number of listed companies, turnover, etc.) and behavioural aspects (price volatility, the behaviour of fundamental indicators of listed companies). Based on an innovative method for assessing development, the author analyses 130 stock markets, indicating those that are more developed in terms of quantity and behaviour. Ultimately, this enables the assessment of which markets are more or less developed and why. This knowledge, used properly, offers an advantage over other financial market participants, and allows for the comprehensive assessment of individual stock markets, which can support the process of making good investment decisions. The book is an invaluable resource for research fellows and students in economics, particularly the field of finance. It is also addressed to business and stock market practitioners, such as financial market analysts, brokers and investment advisers.
Using the history of sport in the small towns and local communities of Poland, this book shines new light on the everyday reality of life under a communist regime in Eastern Europe in the 20th Century. The book shows how socio-cultural history – ‘history from below’ – that draws on rich sources including oral testimony, personal archives, and literary and visual material, can provide the missing piece in our understanding of a significant time and place in the contemporary history of Europe. Focusing on the period between 1945 and 1989, the book shows how sport was an important element of state politics and propaganda but looks closely at the local level – at the spaces and material culture of sport - to reveal the extent to which sport had penetrated the daily culture of rural and small-town life in Poland. The stories of football players, local clubs, small sports arenas, and cyclists who crossed geographical and culture boundaries, all add new depth to the history of contemporary Poland, and by examining the history of local sport organisations the book also reveals important differences between official state ideology, the provincial party apparatus, and the lives of ordinary people. This is fascinating reading for anybody with an interest in the history of sport, socio-cultural history, European history, the history of the 20th Century, or historical methods.
Ontologies are formal knowledge representation methods that can provide means for a shared understanding of a given domain. To enable meaningful communication and interoperability between two or more information systems that utilize independently created ontologies, a bridge between them is necessary, often referred to as an ontology alignment. Formal Methods for Managing and Processing Ontology Alignments provides complete ontology alignment lifecycle, including modelling, methods, and maintenance processes. Summarizing the author's research from the past ten years, this book consolidates findings previously published in prestigious international journals and presented at leading conferences. Each chapter is designed to be self-contained, allowing readers to approach the material modularly. The text introduces basic mathematical concepts, and later chapters build upon these foundations, but each focuses on specific aspects of ontology alignment, making the content accessible and easy to follow. Key Features Includes formal definitions of ontologies and ontology alignment along with a set of methods for providing semantics of attributes and relations. Provides application of fuzzy logic in the task of ontology alignment. Contains methods of managing the evolution of ontologies and their alignments. Proposes novel methods of assessing the quality ontology alignment. Situated in the fields of knowledge representation and semantic technologies, this book is an invaluable resource for both academic researchers and practitioners, as well as students looking to deepen their understanding.
In the current era of globalised financial markets, the stock market cannot be assessed solely by comparing quantitative features such as the number of listed companies or capitalisation on the stock exchange. This is of secondary importance from an investor's point of view. What is important, however, is how a given stock market behaves towards the environment – whether it is ‘hyperactive’ or ‘excessively lethargic’ in response to information. This book provides an innovative tool for assessing global stock markets. It describes the complex concept of ‘stock market development’ in light of classical and behavioural finance theories and considers both quantitative (the number of listed companies, turnover, etc.) and behavioural aspects (price volatility, the behaviour of fundamental indicators of listed companies). Based on an innovative method for assessing development, the author analyses 130 stock markets, indicating those that are more developed in terms of quantity and behaviour. Ultimately, this enables the assessment of which markets are more or less developed and why. This knowledge, used properly, offers an advantage over other financial market participants, and allows for the comprehensive assessment of individual stock markets, which can support the process of making good investment decisions. The book is an invaluable resource for research fellows and students in economics, particularly the field of finance. It is also addressed to business and stock market practitioners, such as financial market analysts, brokers and investment advisers.
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