In the state of Victoria, Australia, it is state government policy that all households have a smart meter fitted (Victoria […]
The celebrated Dupire’s formula allows to infer the local volatility from the knowledge of option’s prices for all strikes and […]
The Least Square Monte-Carlo Alogorithm is a broadly used algorithm used to price bermudean options. It relies on an approximation […]
Through enabling technologies such as wireless communication (WiFi) and smartphones, the digital revolution has well and truly taken over our […]
The increasing reliance on cyberspace for personal, professional, commercial, industrial and infrastructure activities pose serious cybersecurity challenges for individuals, business […]
Life-cycle retirement funds require long-term adaptive investment decisions to meet the consumption targets of retirees over time. Several dynamic variables […]
Stochastic optimization methods are critical to assist portfolio managers with the asset allocation problems they are facing. When the number […]
Phase-type model has been an important probabilistic tool in the analysis of complex stochastic system evolution. The model describes the […]
The age of big data is upon us. Every day we generate vast quantities of data but the question is […]
Mine extraction involves major uncertainties that affect the estimated value of mining projects, most notably grade quality and metal price. […]
