— Adaptive filtering is normally utilized to estimate system states or outputs from continuous valued observations, and it is of limited use when the observations are discrete e...
Information is indispensable in preparing economic decisions purposefully. In this paper knowledge is represented by a probability distribution. Knowledge acquisition is realized ...
An issue that is critical for the application of Markov decision processes MDPs to realistic problems is how the complexity of planning scales with the size of the MDP. In stochas...
- Today there is a real challenge in accessing relevant information according to the needs and the context of the user. Recent studies have dynamically enhanced the user query with...
— With the principal goal of developing an alternative, relatively simple and tractable pricing framework for accurately reproducing a market implied volatility surface, this pap...