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Number of results: 15
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Abstract

We discuss the notion of the financial cycle making a clear indication that the thorough study of its empirical properties in case of developing economies is still missing. We focus on the observed series of credit and equity and make formal statistical inference about the properties of the cycles in case of Polish economy. The non-standard subsampling procedure and discrete spectral characteristics of almost periodically correlated time series are applied to make formal statistical inference about the cycle. We compare the results with those obtained for UK and USA. We extract the cyclical component and confront empirical properties of the financial cycle for small open economy with those established so far in case of developed economies.

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Authors and Affiliations

Łukasz Lenart
Mateusz Pipień
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Abstract

In case of the private procurement auctions the entrepreneurs are not forced to limit themselves to the standard auction rules, and in practice one can observe many hybrid or quasi-auction mechanisms spontaneously introduced. The paper analyzes two of them, which start as a first-price sealed-bid auction, followed by a run-off in a form of an English auction, and which differ by the transparency of rules concerning the initiation of the second stage. The focus of the paper is on the analysis of the price and allocative efficiency of these mechanisms, in order to determine whether they can serve as an alternative to the standard auction rules. Theoretical analyses are followed by the laboratory experiments, which demonstrate that the mechanisms under study are characterized by both high price and allocative efficiency, and therefore could be considered an interesting substitute of the standard auction rules.

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Authors and Affiliations

Paweł Kuśmierczyk
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Abstract

When considering tax reporting, taxpayers have an individual attitude towards the risk of being caught evading taxes by the tax authorities. This attitude is interdependent with how this inherent risk is perceived. We propose to analyse this phenomenon through a risk perspective by adding a risk attitude and corresponding perceived probability of being caught evading. In this paper, we study the dynamics of tax evasion under risk perception and attitude, and the consequent propensity of imitators to evade or to comply. Under this proposal, we conduct our experiments through a multi-agent based simulation. Simulation results suggest first that the risk attitude, in conjunction with perceived risk and its consequences are the main reasons to guarantee a low level of tax evasion. Secondly, results also demonstrate a non-linear impact of tax rate, investment interest rate and fines which is especially interesting and non-intuitive.

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Authors and Affiliations

Nuno Trindade Magessi
Luis Antunes
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Abstract

The study deals with stability and dynamic problems in bar structures using a probabilistic approach. Structural design parameters are defined as deterministic values and also as random variables, which are not correlated. The criterion of structural failure is expressed by the condition of non-exceeding the admissible load multiplier and condition of non-exceeding the admissible vertical displacement. The Hasofer-Lind index was used as a reliability measure. The primary research tool is the FORM method. In order to verify the correctness of the calculations Monte Carlo and Importance Sampling methods were used. The sensitivity of the reliability index to the random variables was defined. The limit state function is not an explicit function of random variables. This dependence was determined using a numerical procedure, e.g. the finite element methods. The paper aims to present the communication between the STAND reliability analysis program and the KRATA and MES3D external FE programs.

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Authors and Affiliations

A. Dudzik
U. Radoń
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Abstract

Buckling of the stiffened flange of a thin-walled member is reduced to the buckling analysis of the cantilever plate, elastically restrained against rotation, with the free edge stiffener, which is susceptible to deflection.Longitudinal stress variation is taken into account using a linear function and a 2nd degree parabola. Deflection functions for the plate and the stiffener, adopted in the study, made it possible to model boundary conditions and different buckling modes at the occurrence of longitudinal stress variation. Graphs of buckling coefficients are determined for different load distributions as a function of the elastic restraint coefficient and geometric details of the stiffener. Exemplary buckling modes are presented.

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Authors and Affiliations

A. Szychowski
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Abstract

The standard PN-EN_1993-1-5:_2008 (Eurocode 3) compared with the standard (PN-B-03200:_1990) used previously in Poland, introduces extended rules referring to the computations of the bearing capacity of the plated structural elements including the shear lag effect. The stress distribution in the width flanges is variable. Therefore in the case of the beam with the shear lag effect cannot be calculated by the classic beam theory.

In this article a comparison of the results of the calculations of forces distribution, stresses and displacement according to the rule presented in PN-EN_1993 and results of the numerical computations for_3D model (using finite element method) is presented. The elastic shear lag effects, the elastic shear lag effects including effects of the plate buckling and the elastic-plastic shear lag effects including the local instabilities were analysed. The calculations were performed for beams with a small and a large span and an influence of stiffeners was analysed.

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Authors and Affiliations

M. Szumigała
K. Ciesielczyk
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Abstract

The article presents briefly several methods of working time estimation. However, three methods of task duration assessment have been selected to investigate working time in a real construction project using the data collected from observing workers laying terrazzo flooring in staircases. The first estimation has been done by calculating a normal and a triangular function. The next method, which is the focus of greatest attention here, is PERT. The article presents a way to standardize the results and the procedure algorithm allowing determination of the characteristic values for the method. Times to perform every singular component sub-task as well as the whole task have been defined for the collected data with the reliability level of 85%. The completion time of the same works has also been calculated with the use of the KNR. The obtained result is much higher than the actual time needed for execution of the task calculated with the use of the previous method. The authors argue that PERT is the best method of all three, because it takes into account the randomness of the entire task duration and it can be based on the actual execution time known from research.

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Authors and Affiliations

E. Plebankiewicz
M. Juszczyk
J. Malara
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Abstract

The purpose of this article is to present the preparation of Project Risk Assessment Methodology and its mitigation in complex construction projects. The main text provides a summary of the approach, the method used and the findings. The conclusions have been drawn that the proper tools for quantifying risks have to be based on the criteria specific for mathematical statistic and probability or at least fuzziness. Function, which makes possible to categorize any risks into one of the five categories, is a combination of probability and the impact on one of the items: people and their safety or budget, cost, schedule and planning or quality and performance. An attempt was made to express numerically the relationship between risks impacts and their level of likelihood. Also, a method of associating the influence of projects risks impacts on the extent of the likelihood of project risk occurrence which makes possible to determine the direction and the strength of this relationship was presented.

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Authors and Affiliations

J. Konior
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Abstract

This paper presents the analysis of the influence of works related to the dynamic replacement column formation on the bridge pillar and the highway embankment located nearby. Thanks to DR columns, it is possible to strengthen the soil under road embankment in a very efficient way. However, the construction of such support carries risk to buildings and engineering structures located in the neighbourhood. Therefore modelling and monitoring of the influence of the conducted works should be an indispensable element of each investment in which dynamic replacement method is applied. The presented issue is illustrated by the example of soil strengthening with DR columns constructed under road embankment of DTŚ highway located in Gliwice. During the inspection, the influence of vibrations on the nearby bridge pillar and road embankment was examined. The acceleration values obtained during these tests were used to verify the elaborated numerical model.

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Authors and Affiliations

M. Łupieżowiec
P. Kanty
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Abstract

Concrete is generally produced using materials such as crushed stone and river sand to the extent of about 80‒90% combined with cement and water. These materials are quarried from natural sources. Their depletion will cause strain on the environment. To prevent this, bottom ash produced at thermal power plants by burning of coal has been utilized in this investigation into making concrete. The experimental investigation presents the development of concrete containing lignite coal bottom ash as fine aggregate in various percentages of 25, 50, and 100. Compressive, split tensile, and flexural strength as part of mechanical properties; acid, sulphate attack, and sustainability under elevated temperature as part of durability properties, were determined. These properties were compared with that of normal concrete. It was concluded from this investigation that bottom ash to an extent of 25% can be substituted in place of river sand in the production of concrete.

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Authors and Affiliations

T.S. Thandavamoorthy
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Abstract

Article deals with the problem of technology selection for construction project. Three criteria were proposed: cost, time and technological complexity. To solve the problem, fuzzy preference relations were used. Authors present an algorithm supporting multi-criteria decision-making process. The algorithm creates fuzzy preference relations on the basis of the fuzzy comparison: “xᵢ is better than xj”.Then, with the use of criteria weights it creates general fuzzy preference relation, finds all non-dominated (admissible) alternatives and the best one among them. The algorithm consists of 7 steps. Authors show application of the proposed algorithm – example calculations.

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Authors and Affiliations

N. Ibadov
J. Rosłon
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Abstract

The study presents the summary of the knowledge of energy-active segments of steel buildings adapted to obtain electrical energy (EE) and thermal energy (TE) from solar radiation, and to transport and store TE. The study shows a general concept of the design of energy-active segments, which are separated from conventional segments in the way that allows the equipment installation and replacement. Exemplary solutions for the design of energy-active segments, optimised with respect to the principle of minimum thermal strain and maximum structural capacity and reliability were given [34]. The following options of the building covers were considered: 1) regular structure, 2) reduced structure, 3) basket structure, 4) structure with a tie, high-pitched to allow snow sliding down the roof to enhance TE and EE obtainment. The essential task described in the study is the optimal adaptation of energy-active segments in large-volume buildings for extraction, transportation and storage of energy from solar radiation.

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Authors and Affiliations

Z. Kowal
M. Siedlecka
R. Piotrowski
K. Brzezińska
K. Otwinowska
A. Szychowski
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Abstract

Supplementing well recognised practical models of project and construction management, based on probabilistic and fuzzy events may make possible to transfer the weight of the change and extra orders assessment from the qualitative form to a quantitative one. This assessment, however, is naturally burdened with an immeasurable, subjective aspect. Elaboration of probability of occurrence in a construction project unforeseen building works requires application (in addition to the non-measureable, qualitative criteria) of measurable (quantitative) criteria which still appear during construction project implementation. In reimbursable engineering contracts, a random event described as an extra, supplementary building work has a random character and occurs with a specific likelihood. In lump sum contracts, on the other hand, such a random event has a fuzzy character and its occurrence is defined in a linear manner by the function of affiliation to the set of fuzzy events being identical with unforeseen events. The strive for quantitative presentation of criteria regarded by nature as qualitative and the intention to determine relations between them led to the application of the fuzzy sets theory to this issue. Their properties enable description of the unforeseen works of construction projects in an unambiguous, quantitative way.

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Authors and Affiliations

J. Konior
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Abstract

The article presents the use of the Mamdani fuzzy reasoning model to develop a proposal of a system controlling partnering relations in construction projects. The system input variables include: current assessments of particular partnering relation parameters, the weights of these parameters’ impact on time, cost, quality and safety of implementation of construction projects, as well as the importance of these project assessment criteria for its manager. For each of the partnering relation parameters, the project’s manager will receive controlrecommendations. Moreover, the parameter to be improved first will be indicated. The article contains a calculation example of the system’s operations.

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Authors and Affiliations

E. Radziszewska-Zielina
B. Szewczyk

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