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In this paper, we study the convergence of a European lookback option with floating strike evaluated with the binomial …
Persistent link: https://www.econbiz.de/10010785481
The present article constitutes an experimental investigation of the behavior of buried PVC pipes. A number of laboratory experiments were conducted using PVC pipes which were buried in a medium sand layer, below a subbase layer, reinforced with geocells. They were subject to repeated dynamic...
Persistent link: https://www.econbiz.de/10012045005
Stochastic di®erential equations (SDEs) are central to much of modern finance theory and have been widely used to model the behaviour of key variables such as the instantaneous short-term interest rate, asset prices, asset returns and their volatility. The explanatory and/or predictive...
Persistent link: https://www.econbiz.de/10009437988
The purpose of this paper is to examine factorsinfluencing numerical simulations of tsunamis, andtheir implications for hazard mitigation. We focus ona specific finite element hydrodynamic model, chosenfor its role in the systematic development ofinundation maps for regions threatened primarily...
Persistent link: https://www.econbiz.de/10010995792
On 28 February 1969, the coasts of Portugal, Spain and Morocco were affected by sea waves generated by a submarine earthquake (Ms=7.3) with its epicenter located off Portugal. The propagation of this tsunami has been simulated by a finite element numerical model solving the Boussinesq equations....
Persistent link: https://www.econbiz.de/10010846498
This paper analyzes numerically a long-term average stochastic control problem involving a controlled diffusion on a bounded region. The solution technique takes advantage of an infinite-dimensional linear programming formulation for the problem which relates the stationary measures to the...
Persistent link: https://www.econbiz.de/10010847516
This paper analyzes numerically a long-term average stochastic control problem involving a controlled diffusion on a bounded region. The solution technique takes advantage of an infinite-dimensional linear programming formulation for the problem which relates the stationary measures to the...
Persistent link: https://www.econbiz.de/10010949953
The effect of natural frequency in dynamic load is an important factor because when the natural frequency is small or closed to zero the beam goes to failure. In this paper the theoretical, finite element and experimental models are presented to explain the effect of dimension and supported end...
Persistent link: https://www.econbiz.de/10009395988