ECONOPHYSICS, NEW ECONOMY & COMPLEXITY INTERNATIONAL CONFERENCE May, 2016 HYPERION UNIVERSITY

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1 ECONOPHYSICS, NEW ECONOMY & COMPLEXITY INTERNATIONAL CONFERENCE May, 2016 HYPERION UNIVERSITY and HYPERION RESEARCH & DEVELOPMENT INSTITUTE in partnership with BUCHAREST-ILFOV REGIONAL DEVELOPMENT AGENCY see: BUCHAREST, ROMANIA 1

2 ECONOPHYSICS, NEW ECONOMY & COMPLEXITY INTERNATIONAL CONFERENCE HYPERION UNIVERSITY and HYPERION RESEARCH & DEVELOPMENT INSTITUTE in partnership with BUCHAREST-ILFOV REGIONAL DEVELOPMENT AGENCY May, 2016 BUCHAREST, ROMANIA 2

3 CONFERENCE CHAIRMAN: Prof. Ion SPÂNULESCU, Ph.D., President of the Hyperion University of Bucharest Romania Advisory Board: FEODOR KUSMARTSEV Loughborough University, Leicestershire, UK MATTI ESTOLA University of Eastern Finland, Finland ALAIN LE MEHAUTE French National Network on Complex Systems, France SERGE GALAM Centre National de la Recherche Scientifique (CNRS), France S. S. MISHRA Dr. R. M. L. Avadh University, Faizabad, India KIYOSHI TAKAHASHI Teikyo University of Science & Technology, Tokyo, Japan ANCA GHEORGHIU Hyperion University, Bucharest, Romania GABRIELA ANGHELACHE Bucharest University of Economic Studies, Romania IRINA DMITRIEVA Odessa National Academy of Telecommunications, Ukraine SHUICHI KURAMATA Hirosaki University, Japan LUCIAN LIVIU ALBU I.E.F., Romanian Academy, Romania IOANA ARMAŞ Hyperion University, Bucharest, Romania VESNA D. JABLANOVIC University of Belgrade, Serbia ANDA GHEORGHIU Hyperion University, Bucharest, Romania WIOLETTA WEREDA University of Natural Sciences and Humanities, Poland ELENA PELINESCU I.E.F., Romanian Academy, Romania MARIOARA IORDAN I.E.F., Romanian Academy, Romania CARMEN PĂUNA I.E.F., Romanian Academy, Romania 3

4 PROGRAMME SECTIONS OF THE CONFERENCE: OPENING SESSION FIRST SECTION ECONOPHYSICS SECOND SECTION NEW ECONOMY THIRD SECTION COMPLEXITY 4

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6 OUTLINE OF PROGRAMME: THURSDAY, MAY 26 CONFERENCE HALL 6 FLOOR BUILDING A OPENING SESSION Opening Address Keynote Speaker Address Contribution of Romanian scientists to the advancement of knowledge in the latest 150 years by Anda Gheorghiu ECONOPHYSICS Section Papers Presentation Coffee Break COMPLEXITY Section Papers Presentation Scientific Lunch NEW ECONOMY Section Papers Presentation Discussions FRIDAY, MAY 27 CONFERENCE HALL 6 FLOOR BUILDING A NEW ECONOMY Section Papers Presentation Coffee Break NEW ECONOMY Section Papers Presentation Scientific Lunch NEW ECONOMY Section Papers Presentation Discussions SATURDAY, MAY SHORT SCIENTIFIC TRAVEL organized by Anda Gheorghiu and Organizing Committee of the conference. 6

7 SCIENTIFIC PROGRAMME: THURSDAY, 26 MAY CONFERENCE HALL 6 FLOOR BUILDING A ECONOPHYSICS Section 1 Chairmen: Feodor Kusmartsev Matti Estola Ioana Armaş 26C E1 Newtonian and Lagrangian Mechanics of a Production System Matti Estola University of Eastern Finland, Finland, matti.estola@uef.fi 26C E2 An Econophysics Approach and Model for the Keynes s Multiplier of Investments Ion Spanulescu, Anca Gheorghiu Hyperion University of Bucharest, Romania, rectorat@hyperion.ro 26C E3 Social Energy Dynamics and Social Entropy and their Role in the Stability of Society Feodor Kusmartsev Loughborough University, U.K., f.kusmartsev@lboro.ac.uk Coffee Break ECONOPHYSICS Section continued 1 The Lecture Number Stands for: 26 date (26 May) C Conference Hall E Conference Section (Econophysics) 1... n number of the paper 7

8 8 26C E4 Econobotics Reality Levels in the Enterprises Evolution Analysis Ioana Armaş Hyperion University of Bucharest, Romania 26C E5 The Simple Chaotic Endogenous Growth Model: U.S. Vesna Jablanovic University of Belgrade, Faculty of Agriculture COMPLEXITY Section Chairmen: Feodor Kusmartsev Matti Estola Ioana Armaş 26C C1 A Complete Algorithm to Study the Statistical Series on Interval Nicolae Popoviciu, Floarea Baicu Hyperion University of Bucharest, nicolae.popoviciu@yahoo.com 26C C2 Analytic Approach in Study of the Slow-Wave Structures Irina Dmitrieva Odessa National Academy of Telecommunications, Ukraine, irina.dm@mail.ru 26C C3 Riemann Hypothesis and Epistemology of Complex Human Systems Alain Le Mehaute French National Network on Complex Systems, France, alm@materialsdesign.com Scientific Lunch

9 NEW ECONOMY Section Chairmen: Wioletta Wereda Anda Gheorghiu 26C NE1 E-Administration in the Public Sector - the Truth or the Illusion? Wioletta Wereda Siedlce University of Natural Sciences and Humanities, Poland, weredawioletta@tlen.pl 26C NE2 Increased Labor Productivity through Labor Force Restructuring. Did the Romanian Economy Lose its High Skilled Labor Force? Dospinescu Andrei Silviu Hyperion University, Romania, andreidospinescu@yahoo.com 26C NE3 Saving "For Old Age" - The Capital Forms of Saving for Retirement in the Polish Social Security System Katarzyna Peter-Bombik, Agnieszka Szczudlińska-Kanoś Jagiellonian University in Krakow, Poland, k.peter-bombik@uj.edu.pl 26C NE4 Effects of the Global Crisis on Eastern European Economies Alexandru Catalin Popa, Cătălin Emilian Huidumac-Petrescu The Bucharest University of Economic Studies, catalinhuidumac@yahoo.com 26C NE5 Contribution of REGIO at the development of the Bucharest Ilfov region Claudia Ionescu Bucharest Ilfov RDA, adrbinvest@yahoo.com 9

10 26C NE6 Competition And Stability In Banking Sector Catalin Emilian Huidumac, Alina Pop The Bucharest University of Economic Studies, 26C NE7 Interest Rates - 0% Upper or Lower Limit? Catalin Emilian Huidumac, Manuela Balanescu The Bucharest University of Economic Studies, catalinhuidumac@yahoo.com 26C NE8 Helpdesk activities for the efficiency of investments financed by REGIO in Bucharest-Ilfov Region Simona Curpan Bucharest-Ilfov Regional Development Agency, simona.curpan@adrbi.ro Discussions 10

11 FRIDAY, 27 MAY CONFERENCE HALL 6 FLOOR BUILDING A NEW ECONOMY Section Chairmen: Wioletta Wereda Anda Gheorghiu 27C NE9 20 Years of Econophysics-Tools, Results and Influences Anda Gheorghiu Hyperion University of Bucharest, anda.gheorghiu@gmail.com 27C NE10 The Phenomenon of Corruption in Public Sector Organizations (Example of Local Governments of Warmia and Mazury Region in Poland) Anna Świrska, Iwona Z. Czaplicka Kozłowska University, Country, annaswirska@gmail.com 27C NE11 Motivation of the Personnel Involved in European Funds Financed Projects in Romania Nicoleta Gudanescu Nicolau Hyperion University of Bucharest, Romania, n.gudanescu@gmail.com 27C NE12 Strategies and investment priorities in Bucharest- Ilfov Region Liviu Rancioaga Bucharest-Ilfov Regional Development Agency, liviu.rancioaga@adrbi.ro 26C NE13 Flexible budget management and cash-flow plan in hotel units domestically and internationally Ustinia Rachita, Tiberiu Diaconescu, Alexandru Mazga Hyperion University, Romania, diaconescutiberiu@gmail.com 11

12 27C NE14 The Vulnerabilities Characteristics on the Labor Market in Romania s Development Region Mariana Bălan Institute for Economic Forecasting-NIER, Romanian Academy, dr.mariana.balan@gmail.com Coffee Break NEW ECONOMY Section continued Chairmen: Wioletta Wereda Anda Gheorghiu 27C NE15 REGIOand Energy Efficiency in Bucharest Ilfov region Ana Cristina Adumitroaei Bucharest Ilfov RDA, acdumi2008@yahoo.com 27C NE16 Contemporary tools for relationship management between university and students Janusz Sasak, Paula Pypłacz Jagiellonian University, Poland, janusz.sasak@uj.edu.pl 27C NE17 An Analyze upon the Influence of the Key Performance Indicators (KPI) on the Decision Process Within Small and Medium-Sized Enterprises (SME) Pîrlog Ramona, Ovidiu Antoniu Balint Hyperion University of Bucharest, balint_antoniu_ovidiu@yahoo.com 26C NE18 Polish Education System to Demographic Changes Katarzyna Peter-Bombik, Agnieszka Szczudlińska-Kanoś Jagiellonian University in Krakow, Poland, k.peter-bombik@uj.edu.pl 12

13 27C NE19 Economic Growth And Jobless Recovery In EU-28 Challenges For Romania Cornelia Dumitru Institute for Economic Forecasting-NIER, Romanian Academy, 27C NE20 From Financial Crisis towards a Severe Sovereign Debt Problem Elena Raluca Moisescu-Duican The Bucharest University of Economic Studies, raluca.duican@yahoo.com Scientific Lunch Discussions and Closing Speech 13

14 SATURDAY, MAY SHORT SCIENTIFIC TRAVEL TIME ACTIVITY 9.00 Departure from Bucharest by minibus Arrival in Ploiesti, the county seat of Prahova County Wallachia, located 56 km north of Bucharest. Visit to the Clock Museum. Those who visit the museum have the occasion to follow the way in which the means of measuring the time had developed, from the first "clocks"- the sun dial, the burning clocks, the clocks with water, with sand - up to the ancient mechanical clocks and modern ones. The oldest of the clocks, dated 1562, and also valuable handmade clocks, created by great English, French and Dutch horologists reveal mechanisms of functioning, winding ringing carefully created in the 17th and the 18th centuries. A mix of science and art! Departure to Slanic Prahova (alt.400 m), a small town known as a salt extraction center, as well as a spa town, with salt lakes. The name comes from the Slavonic word salt. 12 Visit of the Slanic Old Salt mine - spa, amusement center and museum of the salt mining industry. Explore the second largest salt mine in Europe (after Wieliczka, Poland)made up of two levels, named Unirea and Mihai and discover some of the mines 14 chambers and trapezoidal profiles, and marvel at the expanse of the salt walls, also salt statues. Surface: sqm. Deep: 217 m. Purest air on the planet, unique healing microclimate, atmospheric pressure and temperature constant throughout the year (12 C). One of the chambers is the highest in Europe (70 m). Wear a warm jacket! 14 Lunch to a local restaurant. Enjoy the taste of the Romanian dishes, wines or beer and discuss the latest trends in econophysics, complexity and new economy After lunch we can visit the lakes and the salt mountain nearby. 17,30 Visit of Zamfira Monastery (founded in XVIII-th century), painted by the famous painter N.Grigorescu when he was a teenager. We will take a few moments to admire the work of art and the enchanting flowers planted by nuns in the garden. 18 Departure-back to Bucharest 20 Arrival to Bucharest The distance between Bucharest and Slanic is 103 km (by car) 14

15 IMAGES FROM THE PLACES WE WILL VISIT 15

16 16 INSTRUCTIONS FOR AUTHORS Submission of papers For ENEC International Conference, authors are encouraged to send theoretical and/or experimental contribution concerning up-to-date research, before the end of April every year. Only original papers and invited papers in English are considered. To qualify for publication, papers must be previously reviewed by members of the Advisory Board and after presentation in the one of section of ENEC Conference. Submission of papers must be made to the Paper Submission section on the Conference Website: Papers structure and preparation The following structure of a paper is recommended: 1. Introduction, 2. Experimental (Theory, Modeling,.), 3. Results, 4. Discussion, 5. Conclusions. The first page must contain: Title of paper (main title underlined); Authors names and the institute where the work was conducted; Keywords, for indexing purposes; Abstract. The exact address complete, with a postal code of the principal author must be given. Add if possible. For the preparation of the Conference Proceedings, please upload the abstract and the full paper in English, in electronic format to the Conference Website: In order to publish in the Proceedings of ENEC Conference, the manuscripts should be submitted in duplicate sets of illustration (of which one is original) typewritten double-spaced on one side of the paper, with a wide margin. In case of the manuscripts in electronic form, the operating system and word processing software used to produce your document should be WORD for WINDOWS. The following rules for text processing should be used. Main text and equations: Times New Roman 11 pt, spacing: single, first line; left indent 0,5 cm, alignment: justified Footnotes, figure explanations: Times New Roman 9 pt, spacing: single, first line; left indent 0,5 cm, alignment: justified Table content: Times New Roman 9 pt, spacing: single, alignment: centre References: Times New Roman 9 pt, spacing: single, first line; left indent 0,5 cm, alignment: justified, Author s names plain; Books titles italic; Publication titles plain; Tome no. bold. References will be consecutively numbered in the text and collected at the end of the paper in the following style for journals, proceedings, books and sites, respectively:

17 [1] D. K. Faley, A Statistical Equilibrum Theory of Markets, J. Econ. Theory, 62, (1994) or D. K. Faley, J. Econ. Theory, 62, 321 (1994). [2] I. Dmitrieva, Diagnolization problems in the classical Maxwell theory and their industrial applications, Proc. of ENEC 2008 International Conference, Victor Publishing House, Bucharest, Romania, 2008, p. 11. [3] R. N. Mantegna & H. E. Stanley, An Introduction to Econophysics, Cambridge University Press, Cambridge, [4] I. Spânulescu and Anca Gheorghiu, Economic Amplifier A new Econophysics Model, in: arxiv.org > q.fin > arxiv: , 25 July For papers written by economists the following style also can be used: [1] Galam, S. (2002), Minority Opinion Spreading in Random Geometry, European Physical Journal B 25, pp [2] Amissano G. and Giannini C. (1997), Topics in Structural VAR Econometrics, Springer Berlin Numbers of References must be limited (up to 20 references). Figures and tables must be introduced in the text with their legends. The manuscripts should be as concise as possible. Original whose length exceeds 12 pages are strongly discouraged. The manuscripts should be sent to the following addresses: Elena PETCU HYPERION University of Bucharest 169, Calea Calarasilor, , Bucharest, ROMANIA Phone: ; , Fax: , and by or to: rectorat@hyperion.ro; Olivia STĂNESCU HYPERION University of Bucharest 169, Calea Calarasilor, , Bucharest, ROMANIA Phone: ; , Fax: , and/or by to: office@hyperion.ro 17

18 ENEC 2016 INTERNATIONAL CONFERENCE IS INITIATED AND ORGANIZED BY: HYPERION UNIVERSITY OF BUCHAREST AND HYPERION RESEARCH AND DEVELOPMENT INSTITUTE UNIVERSITATEA HYPERION IN PARTNERSHIP WITH BUCHAREST-ILFOV REGIONAL DEVELOPMENT AGENCY 18