This paper presents a new approach to pricing Americanstyle derivatives. By approximating the value function with a piecewise linear interpolation function, the option holder'...
Scott B. Laprise, Michael C. Fu, Steven I. Marcus,...
The semiconductor industry is rapidly expanding worldwide. With the continuing advancement of technology, companies are continually striving to develop and maintain cutting edge p...
Assembly lines with closed loop parallel lanes have the potential to continue to be productive when individual stations breakdown. A requirement in such parallel lane systems is t...
The need to continue to work in a mobile environment raises the problem of data availability in the presence of disconnections. Our approach aiming at solving this problem is to m...
Principal curves have been defined as "self consistent" smooth curves which pass through the "middle" of a d-dimensional probability distribution or data cloud...