<rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:dcterms="http://purl.org/dc/terms/">
<rdf:Description rdf:about="https://omeka.ibu.edu.ba/items/show/1603">
    <dcterms:title><![CDATA[A Model for Discrete Time/Space Approximation of the  Vasicek Model for the Interest Rate]]></dcterms:title>
    <dcterms:abstract><![CDATA[In this paper we present the mathematical model for the real interest rate as  an autoregressive discrete time and discrete state space process. The process  is an approximation of Vasicek continuous time–space autoregressive process  presented in Vasicek (1977). We choose Vasicek model for interest rate for  developing bond prices as the one which is used in the analysis of optimal  asset allocation problems by many authors. It is a type of one factor short rate  model where interest rate movements are driven by one source of market risk.  Our model can be used in many applications when modelling an interest rate  mathematically or for making simulations on the computer. The shortcoming  of Vasicek model is the positive probability of the negative value of interest  rate. Due to mean reverting characteristic of the interest rate, even for the  negative value of real interest rate, there will be a certain demand for both  traditional and index–linked bonds. It is possible to derive the bond market  model using the interest rate which does not allow the negative values of the  interest rate, for example Cox–Ingersoll–Ross model (Cox et al (1985)).  Although CIR model may be more appropriate, and the one and ten years  rolling bonds market model can be developed using CIR model, it would be  also computationally more demanding. In our model we assume that the  discrete time interval is one year. We will show below the technique to  transform the continuous time Vasicek process into a discrete time one. We  assume that the interest rate can take a finite number of values in a  reasonable range. As the Vasicek process transformed into discrete time is still  a continuous state space process we use the technique from Tauchen and  Hussey (1991) and as a result we get a process with discrete time–state space.  Once we obtain a discrete time–state process for real interest rate we can  model bond prices as the expected present value of future incomes from the  bond. As we assume a zero coupon bond, it means that the bond price is  expected present value of one money unit that will be due in n years’ time,  where n years is the bond duration. Following the Vasicek approach, we can  also introduce a market price of risk. As a final result we get the approximation  of the bond market.  Keywords: Discrete Time, the Vasicek Model, Interest Rate.]]></dcterms:abstract>
    <dcterms:publisher><![CDATA[International Burch University]]></dcterms:publisher>
    <dcterms:date><![CDATA[2013-05-10]]></dcterms:date>
    <dcterms:extent><![CDATA[1578]]></dcterms:extent>
    <dcterms:identifier><![CDATA[ISSN 978-9958-834-23-3     ]]></dcterms:identifier>
</rdf:Description><rdf:Description rdf:about="https://omeka.ibu.edu.ba/items/show/2919">
    <dcterms:title><![CDATA[A Multilingual Media Monitoring System (MMMS) for Balkans]]></dcterms:title>
    <dcterms:abstract><![CDATA[This paper describes a developed Multilingual Media Monitoring System (MMMS)  software and reports how it may be utilized to effectively facilitate PR facilities at an academic  institution in Balkans.  There are many international charity projects of Turkey in Bosnia and Herzegovina (BiH).  These institutes comprise the academics and businessmen both from Turkey and Bosnia. Due to  major number of the stakeholders and students from Turkey and Bosnia as well as other  different countries, and the mission of such an institution to become an international Balkan  institution requires the establishment to perform PR facilities in Balkans effectively in a multinational  and multilingual manner. Therefore, a software system called Multilingual Media  Monitoring System (MMMS) was developed by the authors herein to manage the PR facilities  more effectively by easing the collection, search and evaluation of the news in Balkan region  and Turkey. The paper describes the system in detail.]]></dcterms:abstract>
    <dcterms:date><![CDATA[2010-06]]></dcterms:date>
    <dcterms:extent><![CDATA[527]]></dcterms:extent>
</rdf:Description><rdf:Description rdf:about="https://omeka.ibu.edu.ba/items/show/759">
    <dcterms:title><![CDATA[A National Quality Infrastructure]]></dcterms:title>
    <dcterms:abstract><![CDATA[Quality is the result of the integration and coordination of a series of activities in several interrelated subjects: metrology, standardization, testing, accreditation, and certification. The state is obliged to regulate aspects related to the valid system of measures, regulations and standards related to certain aspects of the environment, health and safety, as well as the responsibility of government authorities and private organizations on these issues. States with effective public structures within which are included many institutions dealing with infrastructure quality are in a better position to express the interests of their populations in terms of global policy and implementation of international regulations.  Keywords: quality infrastructure, accreditation, standardization, certification, metrology.	    ]]></dcterms:abstract>
    <dcterms:publisher><![CDATA[International Burch University]]></dcterms:publisher>
    <dcterms:date><![CDATA[2014-04]]></dcterms:date>
    <dcterms:extent><![CDATA[2661]]></dcterms:extent>
    <dcterms:identifier><![CDATA[ISSN 2303-4564     ]]></dcterms:identifier>
</rdf:Description><rdf:Description rdf:about="https://omeka.ibu.edu.ba/items/show/760">
    <dcterms:title><![CDATA[A National Quality Infrastructure]]></dcterms:title>
    <dcterms:abstract><![CDATA[Quality is the result of the integration and coordination of a series of activities in several interrelated subjects: metrology, standardization, testing, accreditation, and certification. The state is obliged to regulate aspects related to the valid system of measures, regulations and standards related to certain aspects of the environment, health and safety, as well as the responsibility of government authorities and private organizations on these issues. States with effective public structures within which are included many institutions dealing with infrastructure quality are in a better position to express the interests of their populations in terms of global policy and implementation of international regulations.  Keywords: quality infrastructure, accreditation, standardization, certification, metrology.	    ]]></dcterms:abstract>
    <dcterms:publisher><![CDATA[International Burch University]]></dcterms:publisher>
    <dcterms:date><![CDATA[2014-04]]></dcterms:date>
    <dcterms:extent><![CDATA[2669]]></dcterms:extent>
    <dcterms:identifier><![CDATA[ISSN 2303-4564     ]]></dcterms:identifier>
</rdf:Description><rdf:Description rdf:about="https://omeka.ibu.edu.ba/items/show/2480">
    <dcterms:title><![CDATA[A Needs Assessment Study of a Language Preparatory Program in terms of the Students’ Reading and Writing Abilities]]></dcterms:title>
    <dcterms:abstract><![CDATA[A needs assessment study is usually carried out for different purposes. Collecting information on a specific problem that learners are experiencing, helping to determine if an existing course adequately addresses the needs of potential students, finding out the perceptions of related parties regarding the skills a learner needs in order to perform a specific role, demonstrating a change of direction that people in a reference group feel is important, and signifying a discrepancy between the perceptions about what the students are able to do and what they need to be able to do are the among the main reasons for needs assessments to be conducted (Brown, 1995; Richards, 2001).  The aim of the present study is to identify the students’ perceived language needs in terms of their reading and writing abilities. A sample of forty-eight students and fifteen instructors enrolled in an English Preparatory Language Teaching program at a highly competitive private university in Istanbul, Turkey participated in the study.  Data came from a needs analysis questionnaire and a semi-structured interview conducted with the two groups of partcipants. The findings suggested important implications for evaluating and redesigning the reading and writing syllabi for the following academic year.]]></dcterms:abstract>
    <dcterms:date><![CDATA[2012-05]]></dcterms:date>
    <dcterms:extent><![CDATA[800]]></dcterms:extent>
</rdf:Description><rdf:Description rdf:about="https://omeka.ibu.edu.ba/items/show/3284">
    <dcterms:title><![CDATA[A New Approach to a Marketing Decision Model  via the Fuzzy Expert System]]></dcterms:title>
    <dcterms:abstract><![CDATA[This paper proposes a new forecasting method for a marketing decision model. To  support the modeling process, a fuzzy expert system was designed to determine whether a  new product should enter the market. The fuzzy expert system based model presenting of a  new product to the market at the best time will provide an advantage to the companies in  competitive environment and increase their share of the market. In the final stage of this  framework, algorithms for building fuzzy expert systems are explained and applied to a case  study. The proposed method was tested with an actual data load of product life cycle.]]></dcterms:abstract>
    <dcterms:date><![CDATA[2009-06]]></dcterms:date>
    <dcterms:extent><![CDATA[470]]></dcterms:extent>
</rdf:Description><rdf:Description rdf:about="https://omeka.ibu.edu.ba/items/show/1269">
    <dcterms:title><![CDATA[A NEW APPROACH TO WATER QUALITY TESTING FOR SUSTAINABLE WATERWAY MONITORING]]></dcterms:title>
    <dcterms:abstract><![CDATA[Water is a basic requirement for survival of all living beings, and one of the most precious natural resources. Hence, as environmental standards in the world are becoming more demanding, the water quality issues hold a special significance. Potential water usage depends on its quality - the physical, chemical and biological composition and concentration of certain substances in the water. Water quality varies, as well as the criteria used to evaluate it. For Bosnia and Herzegovina, with its abundant water resources, the challenges of preserving surface water quality and the issues of water resources management are becoming increasingly pronounced. In this paper, the overall stream water quality was estimated by the Neretva Water Quality Index (NWQI). The grouping of selected quality parameters, each representing a specific impairment category, allows efficient and precise estimation of the overall quality of water.  This simple and quick method is suitable for routine monitoring of water quality and can be conducted entirely on site. The composite index was calculated as the harmonic mean of analytical values of: water temperature, pH, electrical conductivity, oxygen saturation, nitrogen, total phosphorus, and faecal coliforms. These parameters, crucial for the assessment of water quality have been selected according to the major criteria of stream health, whilst taking into account the hydrological and climatic factors specific to the studied area. Analysis of environmental impacts on  water quality in the Neretva River can serve as the basis for an accentuated need for implementation and management of monitoring programmes aimed at protection and sustainabiliy of waterways. NWQI allows the most impaired variable to make the largest impact on the value of the index, and takes into account the spatial and temporal differences that a variable will exert on the overall water quality.]]></dcterms:abstract>
    <dcterms:publisher><![CDATA[International Burch University]]></dcterms:publisher>
    <dcterms:date><![CDATA[2013-05-24]]></dcterms:date>
    <dcterms:extent><![CDATA[2144]]></dcterms:extent>
    <dcterms:identifier><![CDATA[ISSN 2233-1565     ]]></dcterms:identifier>
</rdf:Description><rdf:Description rdf:about="https://omeka.ibu.edu.ba/items/show/2592">
    <dcterms:title><![CDATA[A New Necessity in Foreign Language Teaching: Teaching   Children a Second Language  ]]></dcterms:title>
    <dcterms:abstract><![CDATA[Up until the 20th century, dissemination of English language by means of the colonies of England and the dominance of the United States of America resulted in the perception, acknowledgement and learning of English as the only language by millions of people. However, numerous studies have been conducted on the necessity of learning a foreign language in the last 30 to 40 years. Particularly resulting from the age of communication that our world experiences, and the insufficiency of speaking their own languages while different nations communicate with one another lead to the increase of the studies on foreign language teaching in number in recent years. The most significant aim of these studies is to promote the cooperation between the members of the European Union in any field. For that matter, the European Union raised the consciousness of a multilingual and multicultural European citizenship in order to ensure the protection and learning of different languages and cultures making up the richness of Europe. Accordingly, it laid down the educational policy of the European Union which is in force in many European countries. One of the issues on which the most numerous studies have been carried out is the “early teaching of foreign language”. In this presentation, we aim at answering such questions as what early teaching of foreign language is, why it is important and how it should be ensured, with special reference to the approaches to be taken into consideration and linguistic skills to be acquired during the early teaching of foreign language after touching upon the policies of foreign language being implemented in the European Union and in Turkey. In addition, we shall offer some suggestions on the actions to be taken in order to render this process more efficient for children and to improve their success.  ]]></dcterms:abstract>
    <dcterms:date><![CDATA[2012-05]]></dcterms:date>
    <dcterms:extent><![CDATA[830]]></dcterms:extent>
</rdf:Description><rdf:Description rdf:about="https://omeka.ibu.edu.ba/items/show/1928">
    <dcterms:title><![CDATA[A New Understanding of Linguistic Competence]]></dcterms:title>
    <dcterms:abstract><![CDATA[In this talk I will argue that our notion of linguistic competence needs to be revisited. Static depictions of the grammar of the target language are not suitable for informing research and language teaching. The fact is that language is dynamic, a characteristic that the term “competence” does not reflect.  By entertaining a view of language informed by Complexity Theory, we will come to see language as a complex adaptive system. Complexity theory sees language as a set of patterns emerging from use. Those that are frequently-occurring become emergent stabilities in a complex system. The patterns themselves are variegated in form, and their borders are graded, not discrete.Complexity theorists subscribe to an emergentist view of language development. As such, no innate language acquisition faculty is posited. Instead, it is thought that a learner’s language resources develop from the interactions that the learner experiences. Out of these interactions, a new order self-organizes. Development is thus never complete, and a learner’s language resources can be seen as a dynamic ensemble of interacting patterns.]]></dcterms:abstract>
    <dcterms:publisher><![CDATA[IBU Publishing]]></dcterms:publisher>
    <dcterms:date><![CDATA[2013-05-03]]></dcterms:date>
    <dcterms:extent><![CDATA[1716]]></dcterms:extent>
</rdf:Description><rdf:Description rdf:about="https://omeka.ibu.edu.ba/items/show/2103">
    <dcterms:title><![CDATA[A New Understanding of Linguistic Competence]]></dcterms:title>
    <dcterms:abstract><![CDATA[In this talk I will argue that our notion of linguistic competence needs to be revisited.  Static depictions of the grammar of the target language are not suitable for informing research and language teaching.  The fact is that language is dynamic, a characteristic that the term “competence” does not reflect.    By entertaining a view of language informed by Complexity Theory, we will come to see language as a complex adaptive system.  Complexity theory sees language as a set of patterns emerging from use. Those that are frequentlyoccurring become emergent stabilities in a complex system.  The patterns themselves are variegated in form, and their borders are graded, not discrete.Complexity theorists subscribe to an emergentist view of language development.  As such, no innate language acquisition faculty is posited.  Instead, it is thought that a learner’s language resources develop from the interactions that the learner experiences.  Out of these interactions, a new order self-organizes.  Development is thus never complete, and a learner’s language resources can be seen as a dynamic ensemble of interacting patterns.]]></dcterms:abstract>
    <dcterms:date><![CDATA[2013]]></dcterms:date>
    <dcterms:extent><![CDATA[3570]]></dcterms:extent>
</rdf:Description></rdf:RDF>