In this paper, we introduce a deterministic fluid model and two stochastic traffic models for wireless networks. The setting is a highway with multiple entrances and exits. Vehicl...
Abstract- This paper explores valuing long-term equity forwardcontracts or futures where both the underlying volatility and the interest rates are modeled as stochastic random vari...
A new stochastic optimization algorithm referred to by the authors as the `Mean-Variance Optimization' (MVO) algorithm is presented in this paper. MVO falls into the category ...
Istvan Erlich, Ganesh K. Venayagamoorthy, Nakawiro...
Multitrajectory simulation allows explicit management of random events by allowing particular events to be resolved by random draw, by a deterministic choice, or by creating new s...
Recommender systems — systems that suggest to users in e-commerce sites items that might interest them — adopt a static view of the recommendation process and treat it as a pr...