Monte Carlo simulation of weak approximation of stochastic differential equations constitutes an intensive computational task. In applications such as finance, for instance, to achieve "real time" execution, as often ...
We propose simple schemes that can perfectly identify projective measurement apparatuses secretly chosen from a finite set. Entanglement is used in these schemes both to make possible the perfect identification and to ...
This paper presents a real-coded genetic algorithm (RCGA) with new genetic operations (crossover and mutation). They are called the average-bound crossover and wavelet mutation. By introducing the proposed genetic operations, ...
An, Jy; Wen, Gl; Xu, Wei(Hindawi Publishing Corporation, 2010)
The fuzzy H infinity filter design problem for T-S fuzzy systems with interval time-varying delay is investigated. The delay is considered as the time-varying delay being either differentiable uniformly bounded with delay ...
This paper considers the measurement of the equity risk premium in financial markets from a new perspective that picks up on a suggestion from Merton (1980) to use implied volatility of options on a market portfolio as a ...
This paper presents an input-dependent neural network (IDNN) with variable parameters. The parameters of the neurons in the hidden nodes adapt to changes of the input environment, so that different test input sets separately ...
In this paper I analyze investors' reactions to changes in the expense ratios of equity mutual funds. I show that investment flows' response to fees cannot be fully explained by looking at investors' performance sensitivity. ...
For periodic integrands with unit period in each variable, certain error bounds for lattice rules are conveniently characterised by the figure of merit rho, which was originally introduced in the context of number theoretic ...
We obtain fundamental solutions for PDEs of the form u(t) = sigma x(gamma)u(xx) + f(x)u(x) - mu x(r)u by showing that if the symmetry group of the PDE is nontrivial, it contains a standard integral transform of the fundamental ...
In this paper we discuss structured [image omitted] control methods for large-scale interconnected systems. Based on a relaxation of Riccati equations, we derive some linear matrix inequality (LMI) conditions for sub-optimal ...
We show that any two different unitary operations acting on an arbitrary multipartite quantum system can be perfectly distinguished by local operations and classical communication when a finite number of runs is allowed. ...
Photonic crystals are meta-materials that can inhibit the propagation of light in all directions for specific wavelength ranges. Material or structural defects can be introduced into the crystal to cause localised modes, ...
Many monetary and fiscal policy measures have aimed at mitigating the effects of the financial market meltdown that started in the U. S. subprime sector in 2008 and has subsequently spread world wide as a great recession. ...
Empirical evidence has suggested that, facing different trading strategies and complicated decision, the proportions of agents relying on particular strategies may stay at constant level or vary over time. This paper ...