Expert judgment is frequently used to assess parameter values of quantitative management science models, particularly in decision-making contexts. Experts can, however, only be expected to assess observable quantities, not abstract model parameters. This means that we need a method for...

The study of minimum entropy of a natural language has been an interesting research subject. For English, great progress has been made, but few reports on other languages have been found in literature. Based on two hypotheses on the conservation of information quantity, we proposed a method...

Variable annuities are usually sold with a range of guarantees that protect annuity holders from some downside market risk. Although it is common to see variable annuity guarantees written on multiple funds, existing pricing methods are, by and large, based on stochastic processes for one single...