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In recent decades, urbanization has resulted a massive increase in the amount of infrastructure especially large buildings in large cities worldwide. There has been a noticeable expansion of entire ci...
Urban expansion has far-reaching influences on cultivated lands, and has a serious effect on grain output and safety. However, relatively little attention has been paid to monitor cultivated land loss...
There exists objective and inherent logical relationship between financial prosperity and enterprise expansion risk. This paper divides financial prosperity monitoring indicators into leading indicato...
Multi-sided platforms (MSPs), which bring together two or more interdependent groups of customers, have recently risen to economic and business prominence in many industries. This paper first lays out...
Massive higher education expansion in the world’s four largest developing economies— Brazil, Russia, India, and China, known as the BRIC countries—is having a significant impact on the world supply of...
We consider a nancial market with liquidity cost as in C etin, Jarrow and Protter[3] where the supply function S"(s;) depends on a parameter"0 withS0(s;) =s corresponding to the perfect liquid si...
We propose an efficient method to evaluate callable and putable bonds under a wide class of interest rate models, including the popular short rate diffusion models, as well as their time changed versi...
In this paper, we propose an efficient Monte Carlo implementation of non-linear FBSDEs as a system of interacting particles inspired by the ideas of branching diffusion method. It will be particularly...
Agriculture ensures the physical existence of the population and it creates a fund of basic foodstuffs. In addition, it produces non-food commodities as well as being a region forming and political el...
The validity of an approximation formula for European option prices under a general stochastic volatility model is proved in the light of the Edgeworth expansion for ergodic diffusions. The asymptotic...
The validity of an approximation formula for European option prices under a general stochastic volatility model is proved in the light of the Edgeworth expansion for ergodic diffusions. The asymptotic...
In this paper we discuss the basket options valuation for a jump-diffusion model. The underlying asset prices follow some correlated local volatility diffusion processes with systematic jumps. We deri...
It is known that Heston's stochastic volatility model exhibits moment explosion, and that the critical moment $s^{*}$ can be obtained by solving (numerically) a simple equation. This yields a leading ...
In this paper, I assess the Seagram Company‟s investment in Britain after World War II through Robert Brown, Ltd., a U.K.subsidiary, its first major expansion outside the North American continen...
Cumulant expansion is used to derive accurate closed-form approximation for Monthly Sum Options in case of constant volatility model. Payoff of Monthly Sum Option is based on sum of $N$ caped (and pro...

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