Merchants selling products on the Web often ask their customers to share their opinions and hands-on experiences on products they have purchased. Unfortunately, reading through al...
Abstract. This paper presents a framework for reasoning using intervals. Two interpretations of intervals are examined, one treats intervals as bounds of a truth evaluation functio...
Cpfg is a program for simulating and visualizing plant development, based on the theory of L−systems. A special−purpose programming language, used to specify plant models, is ...
This paper reviews the use of Monte Carlo simulation in the field of financial engineering. It focuses on several interesting topics and introduces their recent development, inc...
We review the basic properties of American options and the difficulties of applying Monte Carlo valuation to American options. Recent progress on the Least Squares Monte Carlo (LS...