According to transaction cost economics, contracts are always incomplete and offer opportunities to defect. Some level of trust is a sine qua non for trade. If the seller is better...
Gert Jan Hofstede, Catholijn M. Jonker, Tim Verwaa...
Hybrid systems are dynamical systems with the ability to describe mixed discretecontinuous evolution of a wide range of systems. Consequently, at first glance, hybrid systems appe...
Alberto Casagrande, Carla Piazza, Alberto Policrit...
We develop an efficient Monte Carlo algorithm for pricing barrier options with the variance gamma model (Madan, Carr, and Chang 1998). After generalizing the double-gamma bridge s...
Abstract. In order to design and analyse complex systems, modelers need formal models with two contradictory requirements: a high expressivity and the decidability of behavioural p...
This paper presents O’KLAIM (Object-Oriented KLAIM), a linguistic extension of the higher-order calculus for mobile processes KLAIM with objectoriented features. Processes intera...