This title consists of a series of new, peer-reviewed papers in stochastic processes, analysis, filtering and control, with particular emphasis on mathematical finance, actuarial science and engineering--

Do you enjoy chores such as mowing the lawn or, as it is called in Canada, shovelling the snow? Below we discuss a simpler method of trimming the hedge, suggested by Barone-Adesi, Engle and Mancini. Assuming the option price is homogeneous our calculation is model independent and provides delta...