Program debugging is an extremely time-consuming process, and it takes up a large portion of software development time. In practice, debugging is still very much of an art, with t...
In a seminal paper in 1973, Black and Scholes argued how expected distributions of stock prices can be used to price options. Their model assumed a directed random motion for the ...
Importance sampling (IS) is the most widely used efficiency improvement method for rare-event simulation. When estimating the probability of a rare event, the IS estimator is the ...
As the competition becomes more and more intense, many retail small store chain operators are eager to know how to evaluate new store locations quantitatively to support a scienti...
In this paper, we describe our experience with developing Airshed, a large pollution modeling application, in the Fx programming environment. We demonstrate that high level parall...
Jaspal Subhlok, Peter Steenkiste, James M. Stichno...