Vilnius University

Displaying 1-36 of 36 results

  • White Papers // Jun 2011

    Microscopic Reasoning For The Non-linear Stochastic Models Of Long-range Memory

    The authors extend Kirman's model by introducing variable event time scale. The proposed flexible time scale is equivalent to the variable trading activity observed in financial markets. Stochastic version of the extended Kirman's agent based model is compared to the non-linear stochastic model of long-range memory in financial markets. Agent...

    Provided By Vilnius University

  • White Papers // Jan 2011

    Statistical Scoring Model Of Lithuanian Companies

    In the banking sector of Lithuania, the necessity to apply statistical scoring models has especially increased after the transposition of the New Capital Adequacy Directive into the national legal acts. According to them, banks are allowed to apply their own statistical models to calculate capital adequacy. However, banks' internal data...

    Provided By Vilnius University

  • White Papers // Dec 2010

    The Model Of Tax Evasion, Its Corrections And Coherence To The Practical Tax Administration

    In this paper, a theoretical model of tax evasion, proposed by Allingham and Sandmo, is briefly presented. This model tries to explain the taxpayer's decision to reveal only part of the taxable income and to evade taxes in this way. The main parameters of the model are personal income, the...

    Provided By Vilnius University

  • White Papers // Dec 2010

    Evaluation Of Investment Projects In Case Of Conflict Between The Internal Rate Of Return And The Net Present Value Methods

    Results obtained by employing the Net Present Value (NPV) and the Internal Rate of Return (IRR) methods allow to objectively determine the effectiveness and attractiveness of an investment project and to compare investment projects differing in scope, length or the amount of expected profit. While results obtained by the NPV...

    Provided By Vilnius University

  • White Papers // Sep 2010

    Commodity Science As A Predecessor Of Quality Management Sciences

    In this paper, the evolution, content, trends and perspective of commodity science as a predecessor of quality management sciences and as an education subject are analyzed. The new models of the interface of commodity science with other disciplines, of the coverage of contemporary quality sciences and of quality management development...

    Provided By Vilnius University

  • White Papers // Sep 2010

    Monetary Policy Creates Macroeconomic Stability

    The study of monetary policy concentrates on the systematic analysis of the interaction between the major monetary policy targets and macroeconomic indicators as signals to policymakers about possible changes which may influence the macroeconomic stability. In this respect, the purpose of this paper is to justify the arguments supporting the...

    Provided By Vilnius University

  • White Papers // Sep 2010

    Estimating The Cost Of Equity In The Baltic Region

    During the last two decades the Baltic region has been subject to several episodes of investment volatility and political turmoil. Although financial liberalization processes undertaken in these countries could reduce the cost of equity, it seems that investors have been cautious in investing in the Baltic region. In this paper,...

    Provided By Vilnius University

  • White Papers // Jul 2010

    Creative Leadership In Knowledge-Based Organizations

    The major challenge for leaders in the twenty-first century will be how to release the brainpower of their organization. Creativity is high on the agenda of most managers - what is creativity? What can creativity do for business? How can one be more creative? Intuitively we all know, what creativity...

    Provided By Vilnius University

  • White Papers // Jul 2010

    Quality Management Subsystems And Their Impact On Business Competitiveness

    The paper presents an analysis of the theory and methodology of quality management. A model of quality management subsystems is presented and some of its elements are discussed in relation to its influence on the competitiveness of Lithuanian business. Special attention is given to new aspects of quality assessment, social...

    Provided By Vilnius University

  • White Papers // Jul 2010

    Employment Of Audit Risk Models

    In this paper different audit risk evaluation models are presented and their advantages and disadvantages are analyzed. However, scientific works do not offer a universal audit risk evaluation model to make the auditor's life easier when the audit risk has to be evaluated. Following the research of audit risk evaluation...

    Provided By Vilnius University

  • White Papers // Jul 2010

    The Levels Of Marketing Ethics

    The issue of ethics in marketing continues to be a concern for marketing practitioners and researchers. Every business manager would probably agree that ethical implications are often inherent in marketing decisions. This fact has encouraged to turn to the topic of marketing ethics and to analyze the levels of marketing...

    Provided By Vilnius University

  • White Papers // Jul 2010

    Role Of Foreign Banking Institutions In The European Union's New Financial Markets

    The aim of this paper is to analyze the influence of foreign capital on the commercial banking sector of the emerging markets. The entry of foreign banks into the markets of Central and Eastern European countries (CEECs) has been rapid, remarkable and massive. This paper presents some empirical results of...

    Provided By Vilnius University

  • White Papers // Jul 2010

    Innovation As An Accelerator Of Competitiveness And Economic Development

    This paper explores the importance and strategic objectives of innovation as an accelerator of competitiveness and economic development. It presents an analysis of innovation performance in Lithuania and other European Union (EU) economies. The possible trends and methods of innovation development are discussed. Strengthening competitiveness is the major objective in...

    Provided By Vilnius University

  • White Papers // Jul 2010

    The Influence Of Product Quality Comparative Testing Results On The Market

    The main purpose of this paper is to prove the influence of product quality comparative testing results on the market, to demonstrate the importance of comparative testing of consumer products as a means of consumer information and consultation, to analyze its methodology and impact on market structures as well as...

    Provided By Vilnius University

  • White Papers // Jun 2010

    A System Of Analysis Of The Total Liabilities To Total Assets Ratio

    The problem of solvency, which has been dealt with in many authors' works, is exceptionally topical nowadays when settlements among companies are performed not in a timely manner, disturbing business possibilities to remain active in the times of economic recession. Solvency represents a company's ability to cover current and non-current...

    Provided By Vilnius University

  • White Papers // Jun 2010

    Competitiveness And Innovation Synthesis In The Integrated Global Economy

    The paper aims to show that the main and most important prerequisite for successful business development in the integrated global market becomes improvement of the competitiveness of countries and business firms finding new ways for economic growth and prosperity. Theoretical and empirical researches highlight the importance of competitiveness in a...

    Provided By Vilnius University

  • White Papers // Jun 2010

    Towards An ABM-Based Framework For Investigating Consumer Behavior In The Insurance Industry

    This paper presents a framework that builds upon agent-based modeling for investigating the behavior of consumers in the insurance industry. Consumers are modeled as agents and clustered in groups reflecting their income levels. Agents that model consumers are characterized by their socio-demographic features and interact with other insurance consumer-agents by...

    Provided By Vilnius University

  • White Papers // Jun 2010

    Quality Policy And Competitiveness Of The Country

    For survival and institutionalization in the European and world markets, Lithuania needs to create and develop competitive economy, assure the wealth of its society by seeking quality of organizations, their goods and services. The purpose of this paper is to formulate possible references of national quality policy and the system...

    Provided By Vilnius University

  • White Papers // May 2010

    Insolvency Of An Enterprise And Methods Of Financial Analysis For Predicting It

    The purpose of this paper is to draw attention to the topical problem of entity-level insolvency and the insolvency prediction models. Definitions, symptoms, causes and factors affecting insolvency, suggested by various authors, are reviewed. The impact of enterprise insolvency on a country's economic growth is weighed up. Finally, the paper...

    Provided By Vilnius University

  • White Papers // May 2010

    Financial Ratios Of The Country's Enterprises In The Face Of Economic Growth And Decline

    In this paper, the author analyses financial ratios of Lithuanian enterprises by economic sectors in the period from 1998 to 2008. During the period in question, which was selected consciously and purposefully, Lithuanian economy experienced two recessions: the first one took place after the Russian crisis 1998 and the second...

    Provided By Vilnius University

  • White Papers // May 2010

    The Prevailing Feature Of Consumer Needs In The Post Modern Era: Consumer Needs Analysis In The Lithuanian Mobile Telecommunications Sector

    The scientific problem lies in the fact that consumer needs in the postmodern era, as a response to the growing significance of the socio-emotional values in contemporary society, are stated rather than examined in a specific industry context to identify the feature of the needs which dominates in consumers within...

    Provided By Vilnius University

  • White Papers // Jan 2010

    Interrelation Of Money And Capital Markets

    The structure of financial markets is a constantly developing organism displaying an ever-changing pattern of the weight in the overall financial market structure of its constituents such as capital market, money market and the market of financial derivatives as a product of the two markets. The changes and the new...

    Provided By Vilnius University

  • White Papers // Jan 2010

    Assessment Of The Integration Of The Accounting Information System In Small And Medium Lithuanian Enterprises

    An accounting information system (AIS) plays a key role in providing the financial information for decision making within an organization. The degree of usability and value of the information provided by AIS largely depends on its timeliness and quality. Both can be improved by the participation of the non-financial stakeholders...

    Provided By Vilnius University

  • White Papers // Jan 2010

    Internal And External Factors That Determined The Channels Of Innovation Diffusion In Lithuania

    The prevailing opinion in Lithuania is that the country's economic growth was determined by the inflow of foreign direct investments (FDI). Their influence on the Lithuanian economy remains unquestionable, however, there is a tendency to overestimate their impact, while other factors are underestimated or ignored completely when conclusions on their...

    Provided By Vilnius University

  • White Papers // Nov 2009

    Analysis Of Liberalization Of Fixed Telephone Communication Market In Lithuania

    This paper deals with the analysis of a relevant issue, regarding the liberalization of the fixed telephone communication. The paper also deals with the characteristic features of monopoly markets, evaluates market power, both before liberalization of fixed telephone communication and following the removal of monopoly powers. The paper includes an...

    Provided By Vilnius University

  • White Papers // Nov 2009

    Business Clusters And The Potential Of The Biotechnology Sector In Lithuania

    What are the unique circumstances that allow innovations in an economy to take hold and mature into productive business sectors? The authors pose the given question in the discussion of the uncommonly favorable circumstances surrounding the biotechnology sector in Lithuania. The purpose of this paper is to analyze Lithuania's ability...

    Provided By Vilnius University

  • White Papers // Nov 2009

    Factors Of Organizational Culture Change

    Organizational culture has a significant impact on the organization members' life and in general it helps a company to achieve positive financial results. Organizational culture is very important in achieving internal integration and implementation of the strategy of adaptation in the external environment. Therefore a lot of companies explore their...

    Provided By Vilnius University

  • White Papers // Nov 2009

    The Process Of The Strategic Management Model Formation And Application In The Lithuanian Health Care System

    Today the ability to adapt to the constant and rapidly changing environment conditions is becoming the main factor of the success of the health care system Integration into the international area, globalization, and information processes in the society motivate to take strategic actions. Therefore, during the last decades the strategic...

    Provided By Vilnius University

  • White Papers // Nov 2009

    Consumer Valuation Model In The Context Of Relationship Marketing

    The aim of this paper is to present a theoretical model of the establishment of the value created to an enterprise by consumers, which would allow a complex measuring of the benefit of the exchange of relationships based on the totality of the features significant to the exchange of relationships....

    Provided By Vilnius University

  • White Papers // Jul 2009

    Management Decision Support By Using Early Warning Environments

    Successful activities in a dynamic environment of today's economy largely depend on the skills to have an adequate view of activity environment and its changes. The information activities of business decision makers relate their subjective potential of environment assessment and problem solving to the systems of environment monitoring and early...

    Provided By Vilnius University

  • White Papers // Jul 2009

    Productivity In The Service Sector: A Service Classification Scheme For Productivity Measurement

    The problem of service productivity discussed in the paper focuses on productivity measurement issues. The aim of the paper is to elaborate criteria for the grouping of services as the reasoning for a deeper analysis of service productivity measurement. The research method is logical analysis of scientific literature. The criteria...

    Provided By Vilnius University

  • White Papers // Jul 2009

    Theoretical And Methodological Aspects Of Insurance Customer Loyalty And Its Cultivation

    The paper, after the evaluation of opinion of various authors, first of all deals with the contents of loyalty of the insured and gives its definition. It also discusses theoretical questions of insurers' benefits due to loyalty of the insured, the benefits of the insured themselves. While examining the factors...

    Provided By Vilnius University

  • White Papers // Apr 2009

    The Fraud Tree And Its Investigation In Audit

    The purpose of the present research paper is to introduce a new structure of the Fraud Tree and to suggest certain audit procedures possibly employed in examining its branches. For the purpose of the present paper the authors thereof have referred to the analysis of related research literature, also applied...

    Provided By Vilnius University

  • White Papers // Apr 2009

    Importance Of The Product Country-Of-Origin Factor On Purchasing Process In The Context Of Globalization

    Globalization is raising the country-of-origin importance question in the new light. It seems that the importance of country-of-origin (COO) factor has to go down, since both manufacturing and purchasing processes are under influence of overall globalization. In addition to this, many globally offered brands may be no longer associated with...

    Provided By Vilnius University

  • White Papers // Mar 2009

    Teaching Artificial Intelligence and Logic Programming in a Competitive Environment

    Motivation plays a key role in the learning process. This paper describes an experience in the context of undergraduate teaching of Artificial Intelligence at the Computer Science Department of the Faculty of Sciences in the University of Porto. A sophisticated competition framework, which involved Prolog programmed contenders and game servers,...

    Provided By Vilnius University

  • White Papers // Aug 2006

    Evolution Of The Banking System In Lithuania: From State-Owned Mono-Banks To A Modern Banking System (1988-2004)

    The creation of a modern banking system in a post-command economy is the subject of this paper. The case of Lithuania is investigated throughout the time period of 1988 - 2004, which is divided into four periods: genesis, early stage, crisis period, and late stage. The substantiality and importance of...

    Provided By Vilnius University

  • White Papers // Nov 2009

    Business Clusters And The Potential Of The Biotechnology Sector In Lithuania

    What are the unique circumstances that allow innovations in an economy to take hold and mature into productive business sectors? The authors pose the given question in the discussion of the uncommonly favorable circumstances surrounding the biotechnology sector in Lithuania. The purpose of this paper is to analyze Lithuania's ability...

    Provided By Vilnius University

  • White Papers // May 2010

    Insolvency Of An Enterprise And Methods Of Financial Analysis For Predicting It

    The purpose of this paper is to draw attention to the topical problem of entity-level insolvency and the insolvency prediction models. Definitions, symptoms, causes and factors affecting insolvency, suggested by various authors, are reviewed. The impact of enterprise insolvency on a country's economic growth is weighed up. Finally, the paper...

    Provided By Vilnius University

  • White Papers // Apr 2009

    The Fraud Tree And Its Investigation In Audit

    The purpose of the present research paper is to introduce a new structure of the Fraud Tree and to suggest certain audit procedures possibly employed in examining its branches. For the purpose of the present paper the authors thereof have referred to the analysis of related research literature, also applied...

    Provided By Vilnius University

  • White Papers // Jun 2010

    A System Of Analysis Of The Total Liabilities To Total Assets Ratio

    The problem of solvency, which has been dealt with in many authors' works, is exceptionally topical nowadays when settlements among companies are performed not in a timely manner, disturbing business possibilities to remain active in the times of economic recession. Solvency represents a company's ability to cover current and non-current...

    Provided By Vilnius University

  • White Papers // May 2010

    Financial Ratios Of The Country's Enterprises In The Face Of Economic Growth And Decline

    In this paper, the author analyses financial ratios of Lithuanian enterprises by economic sectors in the period from 1998 to 2008. During the period in question, which was selected consciously and purposefully, Lithuanian economy experienced two recessions: the first one took place after the Russian crisis 1998 and the second...

    Provided By Vilnius University

  • White Papers // Dec 2010

    Evaluation Of Investment Projects In Case Of Conflict Between The Internal Rate Of Return And The Net Present Value Methods

    Results obtained by employing the Net Present Value (NPV) and the Internal Rate of Return (IRR) methods allow to objectively determine the effectiveness and attractiveness of an investment project and to compare investment projects differing in scope, length or the amount of expected profit. While results obtained by the NPV...

    Provided By Vilnius University

  • White Papers // Jul 2010

    Innovation As An Accelerator Of Competitiveness And Economic Development

    This paper explores the importance and strategic objectives of innovation as an accelerator of competitiveness and economic development. It presents an analysis of innovation performance in Lithuania and other European Union (EU) economies. The possible trends and methods of innovation development are discussed. Strengthening competitiveness is the major objective in...

    Provided By Vilnius University

  • White Papers // Sep 2010

    Estimating The Cost Of Equity In The Baltic Region

    During the last two decades the Baltic region has been subject to several episodes of investment volatility and political turmoil. Although financial liberalization processes undertaken in these countries could reduce the cost of equity, it seems that investors have been cautious in investing in the Baltic region. In this paper,...

    Provided By Vilnius University

  • White Papers // Jul 2010

    The Influence Of Product Quality Comparative Testing Results On The Market

    The main purpose of this paper is to prove the influence of product quality comparative testing results on the market, to demonstrate the importance of comparative testing of consumer products as a means of consumer information and consultation, to analyze its methodology and impact on market structures as well as...

    Provided By Vilnius University

  • White Papers // Nov 2009

    Factors Of Organizational Culture Change

    Organizational culture has a significant impact on the organization members' life and in general it helps a company to achieve positive financial results. Organizational culture is very important in achieving internal integration and implementation of the strategy of adaptation in the external environment. Therefore a lot of companies explore their...

    Provided By Vilnius University

  • White Papers // Jul 2009

    Productivity In The Service Sector: A Service Classification Scheme For Productivity Measurement

    The problem of service productivity discussed in the paper focuses on productivity measurement issues. The aim of the paper is to elaborate criteria for the grouping of services as the reasoning for a deeper analysis of service productivity measurement. The research method is logical analysis of scientific literature. The criteria...

    Provided By Vilnius University

  • White Papers // Nov 2009

    The Process Of The Strategic Management Model Formation And Application In The Lithuanian Health Care System

    Today the ability to adapt to the constant and rapidly changing environment conditions is becoming the main factor of the success of the health care system Integration into the international area, globalization, and information processes in the society motivate to take strategic actions. Therefore, during the last decades the strategic...

    Provided By Vilnius University

  • White Papers // Jul 2010

    Creative Leadership In Knowledge-Based Organizations

    The major challenge for leaders in the twenty-first century will be how to release the brainpower of their organization. Creativity is high on the agenda of most managers - what is creativity? What can creativity do for business? How can one be more creative? Intuitively we all know, what creativity...

    Provided By Vilnius University

  • White Papers // Mar 2009

    Teaching Artificial Intelligence and Logic Programming in a Competitive Environment

    Motivation plays a key role in the learning process. This paper describes an experience in the context of undergraduate teaching of Artificial Intelligence at the Computer Science Department of the Faculty of Sciences in the University of Porto. A sophisticated competition framework, which involved Prolog programmed contenders and game servers,...

    Provided By Vilnius University

  • White Papers // Jul 2010

    Employment Of Audit Risk Models

    In this paper different audit risk evaluation models are presented and their advantages and disadvantages are analyzed. However, scientific works do not offer a universal audit risk evaluation model to make the auditor's life easier when the audit risk has to be evaluated. Following the research of audit risk evaluation...

    Provided By Vilnius University

  • White Papers // Jun 2010

    Quality Policy And Competitiveness Of The Country

    For survival and institutionalization in the European and world markets, Lithuania needs to create and develop competitive economy, assure the wealth of its society by seeking quality of organizations, their goods and services. The purpose of this paper is to formulate possible references of national quality policy and the system...

    Provided By Vilnius University

  • White Papers // Jan 2011

    Statistical Scoring Model Of Lithuanian Companies

    In the banking sector of Lithuania, the necessity to apply statistical scoring models has especially increased after the transposition of the New Capital Adequacy Directive into the national legal acts. According to them, banks are allowed to apply their own statistical models to calculate capital adequacy. However, banks' internal data...

    Provided By Vilnius University

  • White Papers // Jun 2011

    Microscopic Reasoning For The Non-linear Stochastic Models Of Long-range Memory

    The authors extend Kirman's model by introducing variable event time scale. The proposed flexible time scale is equivalent to the variable trading activity observed in financial markets. Stochastic version of the extended Kirman's agent based model is compared to the non-linear stochastic model of long-range memory in financial markets. Agent...

    Provided By Vilnius University

  • White Papers // Nov 2009

    Analysis Of Liberalization Of Fixed Telephone Communication Market In Lithuania

    This paper deals with the analysis of a relevant issue, regarding the liberalization of the fixed telephone communication. The paper also deals with the characteristic features of monopoly markets, evaluates market power, both before liberalization of fixed telephone communication and following the removal of monopoly powers. The paper includes an...

    Provided By Vilnius University

  • White Papers // Jul 2010

    Quality Management Subsystems And Their Impact On Business Competitiveness

    The paper presents an analysis of the theory and methodology of quality management. A model of quality management subsystems is presented and some of its elements are discussed in relation to its influence on the competitiveness of Lithuanian business. Special attention is given to new aspects of quality assessment, social...

    Provided By Vilnius University

  • White Papers // Jul 2010

    Role Of Foreign Banking Institutions In The European Union's New Financial Markets

    The aim of this paper is to analyze the influence of foreign capital on the commercial banking sector of the emerging markets. The entry of foreign banks into the markets of Central and Eastern European countries (CEECs) has been rapid, remarkable and massive. This paper presents some empirical results of...

    Provided By Vilnius University

  • White Papers // Jan 2010

    Interrelation Of Money And Capital Markets

    The structure of financial markets is a constantly developing organism displaying an ever-changing pattern of the weight in the overall financial market structure of its constituents such as capital market, money market and the market of financial derivatives as a product of the two markets. The changes and the new...

    Provided By Vilnius University

  • White Papers // Dec 2010

    The Model Of Tax Evasion, Its Corrections And Coherence To The Practical Tax Administration

    In this paper, a theoretical model of tax evasion, proposed by Allingham and Sandmo, is briefly presented. This model tries to explain the taxpayer's decision to reveal only part of the taxable income and to evade taxes in this way. The main parameters of the model are personal income, the...

    Provided By Vilnius University

  • White Papers // Sep 2010

    Commodity Science As A Predecessor Of Quality Management Sciences

    In this paper, the evolution, content, trends and perspective of commodity science as a predecessor of quality management sciences and as an education subject are analyzed. The new models of the interface of commodity science with other disciplines, of the coverage of contemporary quality sciences and of quality management development...

    Provided By Vilnius University

  • White Papers // Aug 2006

    Evolution Of The Banking System In Lithuania: From State-Owned Mono-Banks To A Modern Banking System (1988-2004)

    The creation of a modern banking system in a post-command economy is the subject of this paper. The case of Lithuania is investigated throughout the time period of 1988 - 2004, which is divided into four periods: genesis, early stage, crisis period, and late stage. The substantiality and importance of...

    Provided By Vilnius University

  • White Papers // Jul 2009

    Management Decision Support By Using Early Warning Environments

    Successful activities in a dynamic environment of today's economy largely depend on the skills to have an adequate view of activity environment and its changes. The information activities of business decision makers relate their subjective potential of environment assessment and problem solving to the systems of environment monitoring and early...

    Provided By Vilnius University

  • White Papers // Sep 2010

    Monetary Policy Creates Macroeconomic Stability

    The study of monetary policy concentrates on the systematic analysis of the interaction between the major monetary policy targets and macroeconomic indicators as signals to policymakers about possible changes which may influence the macroeconomic stability. In this respect, the purpose of this paper is to justify the arguments supporting the...

    Provided By Vilnius University

  • White Papers // Jan 2010

    Assessment Of The Integration Of The Accounting Information System In Small And Medium Lithuanian Enterprises

    An accounting information system (AIS) plays a key role in providing the financial information for decision making within an organization. The degree of usability and value of the information provided by AIS largely depends on its timeliness and quality. Both can be improved by the participation of the non-financial stakeholders...

    Provided By Vilnius University

  • White Papers // Nov 2009

    Consumer Valuation Model In The Context Of Relationship Marketing

    The aim of this paper is to present a theoretical model of the establishment of the value created to an enterprise by consumers, which would allow a complex measuring of the benefit of the exchange of relationships based on the totality of the features significant to the exchange of relationships....

    Provided By Vilnius University

  • White Papers // Jul 2010

    The Levels Of Marketing Ethics

    The issue of ethics in marketing continues to be a concern for marketing practitioners and researchers. Every business manager would probably agree that ethical implications are often inherent in marketing decisions. This fact has encouraged to turn to the topic of marketing ethics and to analyze the levels of marketing...

    Provided By Vilnius University

  • White Papers // Apr 2009

    Importance Of The Product Country-Of-Origin Factor On Purchasing Process In The Context Of Globalization

    Globalization is raising the country-of-origin importance question in the new light. It seems that the importance of country-of-origin (COO) factor has to go down, since both manufacturing and purchasing processes are under influence of overall globalization. In addition to this, many globally offered brands may be no longer associated with...

    Provided By Vilnius University

  • White Papers // Jun 2010

    Competitiveness And Innovation Synthesis In The Integrated Global Economy

    The paper aims to show that the main and most important prerequisite for successful business development in the integrated global market becomes improvement of the competitiveness of countries and business firms finding new ways for economic growth and prosperity. Theoretical and empirical researches highlight the importance of competitiveness in a...

    Provided By Vilnius University

  • White Papers // Jan 2010

    Internal And External Factors That Determined The Channels Of Innovation Diffusion In Lithuania

    The prevailing opinion in Lithuania is that the country's economic growth was determined by the inflow of foreign direct investments (FDI). Their influence on the Lithuanian economy remains unquestionable, however, there is a tendency to overestimate their impact, while other factors are underestimated or ignored completely when conclusions on their...

    Provided By Vilnius University

  • White Papers // Jun 2010

    Towards An ABM-Based Framework For Investigating Consumer Behavior In The Insurance Industry

    This paper presents a framework that builds upon agent-based modeling for investigating the behavior of consumers in the insurance industry. Consumers are modeled as agents and clustered in groups reflecting their income levels. Agents that model consumers are characterized by their socio-demographic features and interact with other insurance consumer-agents by...

    Provided By Vilnius University

  • White Papers // Jul 2009

    Theoretical And Methodological Aspects Of Insurance Customer Loyalty And Its Cultivation

    The paper, after the evaluation of opinion of various authors, first of all deals with the contents of loyalty of the insured and gives its definition. It also discusses theoretical questions of insurers' benefits due to loyalty of the insured, the benefits of the insured themselves. While examining the factors...

    Provided By Vilnius University

  • White Papers // May 2010

    The Prevailing Feature Of Consumer Needs In The Post Modern Era: Consumer Needs Analysis In The Lithuanian Mobile Telecommunications Sector

    The scientific problem lies in the fact that consumer needs in the postmodern era, as a response to the growing significance of the socio-emotional values in contemporary society, are stated rather than examined in a specific industry context to identify the feature of the needs which dominates in consumers within...

    Provided By Vilnius University