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- Keep It Simple And Complex, Stupid
- What Is The Future Of Machine Learning?
- The shift of power in America as Wall Street bows to Silicon Valley | Will Hutton
- Weekend Diversion: Zooming Into A Fractal
- Blog Post: Luigi.Ballabio: Chapter 7, part 5 of 6: tree-based lattices
- Published / Preprint: Mathematical modeling of physical capital using the spatial Solow model. (arXiv:1504.04388v1 [q-fin.GN])
- Published / Preprint: Dirac Processes and Default Risk. (arXiv:1504.04581v1 [q-fin.PR])
- Published / Preprint: A Posteriori Error Estimator for a Front-Fixing Finite Difference Scheme for American Options. (arXiv:1504.04594v1 [q-fin.MF])
Keep It Simple And Complex, Stupid Posted: 20 Apr 2015 01:41 AM PDT |
What Is The Future Of Machine Learning? Posted: 20 Apr 2015 01:41 AM PDT |
The shift of power in America as Wall Street bows to Silicon Valley | Will Hutton Posted: 20 Apr 2015 01:25 AM PDT |
Weekend Diversion: Zooming Into A Fractal Posted: 20 Apr 2015 01:25 AM PDT |
Blog Post: Luigi.Ballabio: Chapter 7, part 5 of 6: tree-based lattices Posted: 19 Apr 2015 10:36 PM PDT |
Posted: 19 Apr 2015 05:37 PM PDT This research deals with the mathematical modeling of the physical capital diffusion through the borders of the countries. The physical capital is considered an important variable for the economic growth of a country. Here we use an extension of the economic Solow model to describe how the smuggling affects the economic growth of the countries. In this study we rely on a production function that... Visit MoneyScience for the Complete Article. |
Published / Preprint: Dirac Processes and Default Risk. (arXiv:1504.04581v1 [q-fin.PR]) Posted: 19 Apr 2015 05:37 PM PDT We introduce Dirac processes, using Dirac delta functions, for short-rate-type pricing of financial derivatives. Dirac processes add spikes to the existing building blocks of diffusions and jumps. Dirac processes are Generalized Processes, which have not been used directly before because the dollar value of non-Real numbers is meaningless. However, short-rate pricing is based on integrals so... Visit MoneyScience for the Complete Article. |
Posted: 19 Apr 2015 05:37 PM PDT For the numerical solution of the American option valuation problem, we provide a script written in MATLAB implementing an explicit finite difference scheme. Our main contribute is the definition of a posteriori error estimator for the American options pricing which is based on Richardson's extrapolation theory. This error estimator allows us to find a suitable grid where the computed solution,... Visit MoneyScience for the Complete Article. |
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