Mortgage-Backed-Securities (MBS), as the largest investment class of fixed income securities, have always been hard to price. Because of the following reasons, normal numerical me...
Many architecture–based software reliability models were proposed in the past. Regardless of the accuracy of these models, if a considerable uncertainty exists in the estimates ...
Geant4 is a very large, highly accurate toolkit for Monte Carlo simulation of particle-matter interaction. It has been applied to high-energy physics, cosmic ray modeling, radiati...
The stochastic differential equations for affine jump diffusion models do not yield exact solutions that can be directly simulated. Discretization methods can be used for simulati...
Numerical possibility theory, belief function have been suggested as useful tools to represent imprecise, vague or incomplete information. They are particularly appropriate in unc...