![The Challenge of Derivatives - The Fordham Law Archive of](http://s1.studyres.com/store/data/004939911_1-0f51220a174e43304ee041b370a712a0-300x300.png)
binary tree
... each of the stack methods executes a constant number of statements all supporting methods of the Stack ADT can be easily implemented in constant time thus, in array implementation of stack ADT each method runs in O(1) time ...
... each of the stack methods executes a constant number of statements all supporting methods of the Stack ADT can be easily implemented in constant time thus, in array implementation of stack ADT each method runs in O(1) time ...
When do Investors Exhibit Stronger Behavioral Biases?
... (2003), I use trading correlation as a proxy for other behavioral biases such as limited attention and representativeness.6 I find that trading correlations are higher within the subset of stocks which are more difficult to value. This indicates that, in addition to overconfidence and the disposition eff ...
... (2003), I use trading correlation as a proxy for other behavioral biases such as limited attention and representativeness.6 I find that trading correlations are higher within the subset of stocks which are more difficult to value. This indicates that, in addition to overconfidence and the disposition eff ...
How to account for interdependence of risk in …nancial markets?
... regression the two authors directly model the quantiles and their evolution over time. While CoVaRijj measures can be estimated for two generic institutions i and j, the empirical part of this work considers the speci…c case in which institution i is the whole …nancial system while institution j is ...
... regression the two authors directly model the quantiles and their evolution over time. While CoVaRijj measures can be estimated for two generic institutions i and j, the empirical part of this work considers the speci…c case in which institution i is the whole …nancial system while institution j is ...
SRP Research Report for OIC (Part 2: European Structured Product
... liquidity providers apart from the issuer itself. There are retail leveraged products such as turbo certificates which are actively traded on the German and Italian exchanges. Leveraged growth products are also actively traded on Euronext’s Paris and Amsterdam exchanges. In addition, ...
... liquidity providers apart from the issuer itself. There are retail leveraged products such as turbo certificates which are actively traded on the German and Italian exchanges. Leveraged growth products are also actively traded on Euronext’s Paris and Amsterdam exchanges. In addition, ...
State of the Markets
... believes you should be aware of the following general risks associated with Swap Transactions: (i) Liquidity Risk: There is no public market for Swap Transactions and, therefore, it may be difficult or impossible to liquidate an existing position on favorable terms; (ii) Transfer Restrictions: Swap ...
... believes you should be aware of the following general risks associated with Swap Transactions: (i) Liquidity Risk: There is no public market for Swap Transactions and, therefore, it may be difficult or impossible to liquidate an existing position on favorable terms; (ii) Transfer Restrictions: Swap ...
Kein Folientitel
... Applied tariffs which are adjusted so that a minimum import price is guaranteed. They may be upper bounded by the WTO bound rate. ...
... Applied tariffs which are adjusted so that a minimum import price is guaranteed. They may be upper bounded by the WTO bound rate. ...
Volume-Synchronized Probability of Informed Trading (VPIN
... higher level of information toxicity, which will drive more liquidity providers away from making the market. An extreme level of VPIN will result in trading halt because no market makers are willing to provide liquidity. Such a downward spiral or positive feedback effect between information toxicity ...
... higher level of information toxicity, which will drive more liquidity providers away from making the market. An extreme level of VPIN will result in trading halt because no market makers are willing to provide liquidity. Such a downward spiral or positive feedback effect between information toxicity ...
Head
... Adding a header node • Adding an extra node as the beginning marker of a list makes coding easier. • Insertion without a header node needs to distinguish insertion at the beginning and in the middle, in the former case, head needs to be ...
... Adding a header node • Adding an extra node as the beginning marker of a list makes coding easier. • Insertion without a header node needs to distinguish insertion at the beginning and in the middle, in the former case, head needs to be ...
Introduction to Data Structure
... There are two ways to represent a linear data structure in memory, o Static memory allocation o Dynamic memory allocation The possible operations on the linear data structure are: Traversal, Insertion, Deletion, Searching, Sorting and Merging. Examples of Linear Data Structure are Stack and Queue. S ...
... There are two ways to represent a linear data structure in memory, o Static memory allocation o Dynamic memory allocation The possible operations on the linear data structure are: Traversal, Insertion, Deletion, Searching, Sorting and Merging. Examples of Linear Data Structure are Stack and Queue. S ...
Wavelet Trees for All
... track from arbitrary to arbitrary nodes. In this case we can use 1/ values of t = lgi σ, for i ∈ [1..1/ − 1], so as to carry out O(lg σ) upward steps with one value of t before reaching the next one. This gives a total complexity for upward traversals of O((1/) lg σ) using O((1/)n lg σ) bits ...
... track from arbitrary to arbitrary nodes. In this case we can use 1/ values of t = lgi σ, for i ∈ [1..1/ − 1], so as to carry out O(lg σ) upward steps with one value of t before reaching the next one. This gives a total complexity for upward traversals of O((1/) lg σ) using O((1/)n lg σ) bits ...
linked list - UT Computer Science
... Linked lists are dynamic, they can grow or shrink as necessary Linked lists can be maintained in sorted order simply by inserting each new element at the proper point in the list. Existing list elements do not need to be moved Linked lists are non-contiguous; the logical sequence of items in the ...
... Linked lists are dynamic, they can grow or shrink as necessary Linked lists can be maintained in sorted order simply by inserting each new element at the proper point in the list. Existing list elements do not need to be moved Linked lists are non-contiguous; the logical sequence of items in the ...
The Impact of Risk Controls and Strategy-Specific Risk Diversification on Extreme Risk
... Her research interests include empirical finance, financial markets risk, and monetary economics. She has published in several academic journals, including the Asia-Pacific Development Journal and Macroeconomic Dynamics, and is the author of a book, Sovereign Wealth Funds: States Buying the World (G ...
... Her research interests include empirical finance, financial markets risk, and monetary economics. She has published in several academic journals, including the Asia-Pacific Development Journal and Macroeconomic Dynamics, and is the author of a book, Sovereign Wealth Funds: States Buying the World (G ...
NBER WORKING PAPER SERIES THE EQUITY PREMIUM AND STRUCTURAL BREAKS Lubos Pastor
... premium on any given date reflects the uncertainty about where that date lies relative to breaks in the distribution. This feature, which follows Chib (1998), stands in contrast to the commonly used maximum-likelihood procedure of estimating the dates of the breaks and then estimating parameters in ...
... premium on any given date reflects the uncertainty about where that date lies relative to breaks in the distribution. This feature, which follows Chib (1998), stands in contrast to the commonly used maximum-likelihood procedure of estimating the dates of the breaks and then estimating parameters in ...
Data structure - IndiaStudyChannel.com
... stack. In such a stack, only the top plate is visible and accessible to the user, all other plates remain hidden. As new plates are added, each new plate becomes the top of the stack, hiding each plate below, pushing the stack of plates down. As the top plate is removed from the stack, they can be u ...
... stack. In such a stack, only the top plate is visible and accessible to the user, all other plates remain hidden. As new plates are added, each new plate becomes the top of the stack, hiding each plate below, pushing the stack of plates down. As the top plate is removed from the stack, they can be u ...
Offset Addressing Approach to Memory
... root node 1 checks to see that the left next hop flag is 0, and then uses the offset value 1 plus its location address 1 to compute the location address of the left child. The search continues to the child node 2. For the second bit 1, the node 2 checks to see that the right next hop flag is 1, indi ...
... root node 1 checks to see that the left next hop flag is 0, and then uses the offset value 1 plus its location address 1 to compute the location address of the left child. The search continues to the child node 2. For the second bit 1, the node 2 checks to see that the right next hop flag is 1, indi ...
Maintenance of the Convex Hull of a Dynamic Set
... and to first represent the convex hull as the union of two structures: the lc-hull and the rc-hull. The lc-hull is a convex arc that consists of the left faces of the convex hull. On the other hand, the rc-hull is a convex arc that consists of the right faces of the convex hull. Instead of updating ...
... and to first represent the convex hull as the union of two structures: the lc-hull and the rc-hull. The lc-hull is a convex arc that consists of the left faces of the convex hull. On the other hand, the rc-hull is a convex arc that consists of the right faces of the convex hull. Instead of updating ...
Lattice model (finance)
![](https://commons.wikimedia.org/wiki/Special:FilePath/Arbre_Binomial_Options_Reelles.png?width=300)
For other meanings, see lattice model (disambiguation)In finance, a lattice model [1] is a technique applied to the valuation of derivatives, where, because of path dependence in the payoff, 1) a discretized model is required and 2) Monte Carlo methods fail to account for optimal decisions to terminate the derivative by early exercise. For equity options, a typical example would be pricing an American option, where a decision as to option exercise is required at ""all"" times (any time) before and including maturity. A continuous model, on the other hand, such as Black Scholes, would only allow for the valuation of European options, where exercise is on the option's maturity date. For interest rate derivatives lattices are additionally useful in that they address many of the issues encountered with continuous models, such as pull to par.