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7.1. Single- and Double-Ended Priority Queues:
7.1. Single- and Double-Ended Priority Queues:

Agricultural Derivatives 101
Agricultural Derivatives 101

... maize at an agreed floor price • a seller of PUT options is OBLIGATED to buy your product should you exercise your right • the PUT option trade involves a willing buyer\willing seller at an agreed premium for a specific strike price • the buyer can exercise the right to sell maize at any time (Ameri ...
Here
Here

B-Tree
B-Tree

... External Memory Data Structures • General-purpose data structures – Space: linear or near-linear (very important) – Query: logarithmic in B or 2 for any query (very important) – Update: logarithmic in B or 2 (important) • In some sense, more useful than I/O-algorithms – Structure stored in disk mos ...
Cache Craftiness for Fast Multicore Key
Cache Craftiness for Fast Multicore Key

ds bits - WordPress.com
ds bits - WordPress.com

... 110. Which of the following is not a correct statement a. internal sorting is used if the number of items to be sorted is very large b. External sorting is used if the number of items to be sorted is very large c. External sorting needs auxiliary storage d. Internal sorting needs auxiliary storage 1 ...
Brief Overview of Futures and Options in Risk Management
Brief Overview of Futures and Options in Risk Management

... or indexes. The intent of traders in this market is to take one of three possible positions: (1) Speculate on anticipated price movements (2) Hedge an existing or anticipated position that they may have in the cash (spot) market (3) Arbitrage inconsistent prices among financial securities and depend ...
Parallel Construction of Succinct Trees
Parallel Construction of Succinct Trees

... In this section, we describe our new parallel algorithm for constructing the RMMT of a given tree, called the Parallel Succinct Tree Algorithm (PSTA). Its input is the balanced parenthesis sequence P of an n-node tree T . This is a tree representation commonly used in practice, particularly in secon ...
Cache Craftiness for Fast Multicore Key-Value Storage - PDOS-MIT
Cache Craftiness for Fast Multicore Key-Value Storage - PDOS-MIT

Data Structures and Other Objects Using C++
Data Structures and Other Objects Using C++

... For use with Data Structures and Other Objects Using C++ by Michael Main and Walter Savitch. Some artwork in the presentation is used with permission from Presentation Task Force (copyright New Vision Technologies Inc) and Corel Gallery Clipart Catalog (copyright ...
Data Structures and Other Objects Using C++
Data Structures and Other Objects Using C++

... For use with Data Structures and Other Objects Using C++ by Michael Main and Walter Savitch. Some artwork in the presentation is used with permission from Presentation Task Force (copyright New Vision Technologies Inc) and Corel Gallery Clipart Catalog (copyright ...
Data Structures and Other Objects Using C++
Data Structures and Other Objects Using C++

(REA) Model
(REA) Model

... cardinalities) are used when constructing the REA model: ...
Juzi: A Tool for Repairing Complex Data Structures
Juzi: A Tool for Repairing Complex Data Structures

... This section describes the main components of Juzi. The heart of Juzi is a code instrumentation module that instruments the given data structure class and predicate method, and generates a new class that enables automatic data structure repair when a corruption occurs at runtime. The generated class ...
House Prices, Interest Rates and Macroeconomic Fluctuations:  International Evidence
House Prices, Interest Rates and Macroeconomic Fluctuations: International Evidence

... 1980s, the recession of the early 1990s, the long-boom of the 1990s, and the mild-recession of 2001.12 Of particular interest is the house factor which reflects the main developments in global housing markets of the last 25 years remarkably well, including the housing price bust of the early 1980s, ...
I/O-E cient Dynamic Point Location in Monotone Planar Subdivisions
I/O-E cient Dynamic Point Location in Monotone Planar Subdivisions

Chapter5
Chapter5

... (Try this with mathematical induction.) Solution: Prove the result using strong induction. • BASIS STEP: We can reach the first step. • INDUCTIVE STEP: The inductive hypothesis is that we can reach the first k rungs, for any k ≥ 2. We can reach the (k + 1)st rung since we can reach the (k − 1)st run ...
linked list
linked list

linked list
linked list

Deferred Fixed Annuities
Deferred Fixed Annuities

... market rates. The initial rate on a step-rate CD is not the yield to maturity. If your CD has a call provision, which many step-rate CDs do, the decision to call the CD is at the issuer’s sole discretion. Also, if the issuer calls the CD, you may obtain a less favorable interest rate upon reinvestme ...
Full report
Full report

... opportunities. In environments like this, the probability of incurring a loss is rising for all portfolios - but most risky are those portfolios constructed with seemingly limited regard for these growing market risks. In this paper we look at the recent history and volatility of asset market return ...
Dr-Margush-06-07_LinkedLists
Dr-Margush-06-07_LinkedLists

... • List keeps reference to last Node – Facilitates add to end since we always know where the last node is ...
Chapter 4: Algorithms and Data Structures
Chapter 4: Algorithms and Data Structures

Actuarially Consistent Valuation in an Integrated Market
Actuarially Consistent Valuation in an Integrated Market

Linked Lists
Linked Lists

< 1 ... 64 65 66 67 68 69 70 71 72 ... 166 >

Lattice model (finance)



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.
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