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Dynamics of Development of American Political Parties
Pecka, Jiří ; Calda, Miloš (advisor) ; Raková, Svatava (referee) ; Hadley, Charles (referee)
Schizophrenia, it might be this psychiatric term that enters one's mind when an amateur observer is asked to describe the contemporary nature of major American political parties in one word. Such an uncomplimentary connotation has its rationale, and, at first sight, the American party system indeed may remotely remind of this ambivalent psychological disorder. Its "Jekyll and Hyde" character can be illustrated by the simple fact that, for example, before the 2000 presidential election, according to a Gallup Poll, 67 percent of the electorate supported the idea of a third party, but, at the very election, only 3.8 percent actually voted for a third party candidate.1 Also, Americans commonly complain that "there ain't a dime's worth of a difference between the political parties"2and they even compare them to two famous brothers from Lewis Carroll's Alice in the Wonderland - Tweedledum and Tweedledee; however, if we analyze the floor voting in recent Congresses, we can discern unprecedented high partisan voting patterns which demonstrate deep loyalties of the individual congressmen and senators to their parent party. Moreover, there exists a common feeling of apathy among American voters because, according to them, political parties are too remote, and they do not address their needs but, at the same time,...
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Dynamics of Development of American Political Parties
Pecka, Jiří ; Calda, Miloš (advisor) ; Raková, Svatava (referee) ; Hadley, Charles (referee)
Schizophrenia, it might be this psychiatric term that enters one's mind when an amateur observer is asked to describe the contemporary nature of major American political parties in one word. Such an uncomplimentary connotation has its rationale, and, at first sight, the American party system indeed may remotely remind of this ambivalent psychological disorder. Its "Jekyll and Hyde" character can be illustrated by the simple fact that, for example, before the 2000 presidential election, according to a Gallup Poll, 67 percent of the electorate supported the idea of a third party, but, at the very election, only 3.8 percent actually voted for a third party candidate.1 Also, Americans commonly complain that "there ain't a dime's worth of a difference between the political parties"2and they even compare them to two famous brothers from Lewis Carroll's Alice in the Wonderland - Tweedledum and Tweedledee; however, if we analyze the floor voting in recent Congresses, we can discern unprecedented high partisan voting patterns which demonstrate deep loyalties of the individual congressmen and senators to their parent party. Moreover, there exists a common feeling of apathy among American voters because, according to them, political parties are too remote, and they do not address their needs but, at the same time,...
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Dynamics of Development of American Political Parties
Pecka, Jiří ; Calda, Miloš (advisor) ; Hadley, Charles (referee)
Schizophrenia, it might be this psychiatric term that enters one's mind when an amateur observer is asked to describe the contemporary nature of major American political parties in one word. Such an uncomplimentary connotation has its rationale, and, at first sight, the American party system indeed may remotely remind of this ambivalent psychological disorder. Its "Jekyll and Hyde" character can be illustrated by the simple fact that, for example, before the 2000 presidential election, according to a Gallup Poll, 67 percent of the electorate supported the idea of a third party, but, at the very election, only 3.8 percent actually voted for a third party candidate.1 Also, Americans commonly complain that "there ain't a dime's worth of a difference between the political parties"2and they even compare them to two famous brothers from Lewis Carroll's Alice in the Wonderland - Tweedledum and Tweedledee; however, if we analyze the floor voting in recent Congresses, we can discern unprecedented high partisan voting patterns which demonstrate deep loyalties of the individual congressmen and senators to their parent party. Moreover, there exists a common feeling of apathy among American voters because, according to them, political parties are too remote, and they do not address their needs but, at the same time,...
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Building and use of small computer networks
Pecka, Jiří ; Pinkas, Otakar (advisor) ; Palovský, Radomír (referee)
The thesis deals with a new design for the home network according to the given requirements of its users. The main aim is to describe how the network can be expanded to include other elements to allow users to access the Internet, data storage and other services via wireless networks in selected locations. The thesis it divided into three parts. The first part describes the previous state of the network and users' requirements for improvements. The second part describes the network and device settings. The third part is devoted to the network testing, including evaluation of the signal strength of access points in all areas of the selected sites and attack simulation on the access point.
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Valuation of foreign exchange options and forwards and their accounting recognition based on IFRS and US GAAP
Pecka, Jiří ; Hnilica, Jiří (advisor) ; Novotný, Radek (referee)
I would like to divide my diploma thesis into two parts: theoretical and practical. In the theoretical part, I will outlint the area of hedge accounting pursuant to IAS 39 and FAS 133, including distinction between cash flow hedge and fair value hedge. In the next chaper, I will deal with general characteristics of forwards, including their accounting aspects and their valuation methods. In the next chapter, I will deal with selected characteristics of options (e.g., time and intrinsic value of the option with the emphasis on the accounting differences between IFRS and US GAAP). In the next chapter, I will outlint the general aspects of vanilla and exotic options (e.g.. knock-in and knock-out barrier option and so called "range accruals"). An integral part of this chapter will be formed by the introduction to their valuation (Black-Scholesův model, Garman-Kohlhagenův model, binomic model, method Monte Carlo). In the nexch chapter, I will deal with the general characteristics of the foreign exchange risk and related accounting aspects. In the practical part, I will deal with particular examples of the foreign exchange hedge via forwards and options (including their valuation and accounting recognition pursuant to US GAAP and IFRS): a) Cash flow hedge through option tunnel, ie., by means of standard put and call option, b) Cash flow hedge through participating forward, ie. combination of put option and forward c) Cash flow hedge throug knock-in forward, ie. combination of knock-in barrier option and forward d) Cash flow hedge through KIKO forward, ie. combination of knock-in and knock-out opce and forward e) Hedge through "range accrual" option
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