Two of the most important areas in computational finance: Greeks and, respectively, calibration, are based on efficient and accurate computation of a large number of sensitivities. This paper gives an overview of adjoint and automatic differentiation (AD), also known as algorithmic...

Uncertainty is a foundational aspect of politics and diplomacy. Critical elections, armed conflicts, ally/adversary behavior, explicit/implicit threats are fundamentally uncertain, yet core processes of statecraft, diplomacy and politics. That's why over centuries, diplomacy has grown into an...