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Published / Preprint: Pricing complexity options. (arXiv:1505.03587v1 [q-fin.PR]) Posted: 14 May 2015 05:38 PM PDT We consider options that pays the complexity deficiency of a sequence of up and down ticks of a stock upon exercise. We study the price of European and American versions of this option numerically for automatic complexity, and theoretically for Kolmogorov complexity. We also consider the case of run complexity, which is a restricted form of automatic complexity. Visit MoneyScience for the Complete Article. |
IBM demos first fully integrated monolithic silicon photonics chip Posted: 14 May 2015 12:18 PM PDT |
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