We deal with discretization schemes for the simulation of the Heston stochastic volatility model. These simulation … valued using closed-form expressions. For the Heston dynamics an exact simulation method was developed by Broadie and Kaya …, aimed to resolve the disadvantages of this method; one of the main bottlenecks in the exact scheme is the simulation of the …

these effects. Consequently, it is argued and demonstrated through simulation how these views may be resolved against an …

The purpose of the current paper is to explain how one can forecast the effect of an elected tax on saturated fat on …

practice is a challenging task. In this paper we propose a simulation-based model as an alternative approach to predicting the … final price in online auctions. The simulation results show that the proposed model can predict the final price more …

, Starbucks. Thus far the paper’s main aim has been to argue that simulation is indeed an illuminating concept. However, we next …

’ performance and to illustrate the use of this new formulation for the CFLP. The paper finishes with a simple simulation exercise. …

In this paper we describe a simulation approach to explore optimal defensive strategies concerning an entrant situation …