whether a natural de?nition of a tree can be given, where nodes are sets of states. We show that, indeed, trees can be de …

Black-Scholes formula and standard binomial trees can only accommodate one related European option which then effectively … specifies the volatility parameter. Implied binomial trees can accommodate only related European options with the same time …-to-expiration. The generalized binomial trees introduced here can accommodate any kind of related options (European, American, or exotic …

Corporate marketing departments use trees and forests for advertising and public relations (PR). Trees and forests … constitute a tangible symbol of the environment, reinforced by the growing awareness of the role that trees play in preventing … climate change. Although the carbon sequestration function of trees is valued in monetary terms, its derivative services to …

, in Allende, Chihuahua. The information, to determine the inventory of fruit trees, planted area and cultural practices … this fruit, which, as a result of its low price in the market tends to disappear as it is substituted by pecan trees …