This paper introduces a general framework for market models, named Market Model Approach, through the concept of admissible sets of for-ward swap rates spanning a given tenor structure. We relate this concept to results in graph theory by showing that a set is admissible if and only if the...

We use dynamic light scattering to measure the dynamic structure factor of density fluctuations occurring in colloidal suspensions that have attained a quiscent state long after aggregation. We find a stretched-exponential decay to a finite plateau. Our interpretation of the arrested decay is...

By using a smooth entropy function to approximate the non-smooth max-type function, a vertical linear complementarity problem (VLCP) can be treated as a family of parameterized smooth equations. A Newton-type method with a testing procedure is proposed to solve such a system. We show that the...