Options on Interest Rates -- 18 Elements of Stochastic Calculus -- 19 *The Mathematical Framework of Financial Markets Theory … -- 20 The State Variables Model and the Valuation Partial Differential Equation -- Part 3 Portfolio Theory and Portfolio … Asset Pricing Model -- 23 Arbitrage Pricing Theory and Multi-Factor Models -- 24 Strategic Portfolio Allocation -- 25 …

On the temperature derivative market, modeling temperature volatility is an important issue for pricing and hedging. In … describe the volatility process well. Therefore, we consider a local adaptive modeling approach to find at each time point, an … optimal smoothing parameter to locally estimate the seasonality and volatility. Our approach provides a more flexible and …