The option pricing problem is one of central contents in modern finance. In this paper, European option pricing formula is formulated for fuzzy financial market and some mathematical properties of them are discussed. This formula may be regarded as the fuzzy counterpart of Black-Scholes option pricing formula. In addition, some illustrative examples are also documented with MATLAB codes. c ©200...

The temporal evolution of the gravitational wave background signal resulting from stellar-mass binary black hole (BBH) inspirals has a unique statistical signature. We describe the application of a new filter, based on the ‘probability event horizon’ (PEH) concept, that utilizes both the temporal and spatial source distribution to constrain the local rate density, r0, of BBH inspiral events in ...

Applicability of the manometric method for studying the oxidation of pyritic material in the presence of bacteria has been demonstrated. Resting cells of Ferrobacillus ferrooxidans accelerated the oxidation of coal pyrites and coarsely crystalline marcasite, but were inactive on coarsely crystalline pyrite. Resting cells of Thiobacillus thiooxidans were inactive on all pyrites tested. Oxidation...

We demonstrate a strong correlation between supermassive black hole (SMBH) mass and the global structure of ellipticals and bulges: more centrally concentrated bulges and ellipticals (higher Sérsic index n) host higher-mass black holes. This correlation is as good as that previously found between SMBH mass and central velocity dispersion, with comparable scatter. In addition, by carefully model...

We present an explicit hedging strategy, which enables to prove arbitrageness of market incorporating at least two assets depending on the same random factor. The implied Black-Scholes volatility, computed taking into account the form of the graph of the option price, related to our strategy, demonstrates the ”skewness” inherent to the observational data.

An attempt has been made to beneficiate the Indian coking coal fines by a combination of Spiral, flotation and Oleo Flotation processes. Beneficiation studies were also carried out on 0.5mm coal fines using flotation and oleo flotation by splitting at size 0.063mm.Size fraction of 0.5mm-0.063mm and -0.063mm size were treated in flotation and Oleo flotation respectively. The washability studies ...

AIM To test the hypothesis that an intergenerational increase would occur in birthweights of babies born to UK-born compared with overseas-born (migrant) minority women. METHOD Live singleton births to mothers present at the 1991 Census in a national longitudinal study were classified by mother's country of birth and ethnic origin as reported in the census. During 1983-2000, 52,554 White, 178...

BACKGROUND Minimotifs are short contiguous peptide sequences in proteins that are known to have a function in at least one other protein. One of the principal limitations in minimotif prediction is that false positives limit the usefulness of this approach. As a step toward resolving this problem we have built, implemented, and tested a new data-driven algorithm that reduces false-positive pred...

Six Integrated Gasifi cation Combined-Cycle (IGCC) power plant confi gurations operating on bituminous coal were evaluated and the results are presented in this summary sheet. All cases were analyzed on the same basis, using a consistent set of assumptions and analytical tools. Each gasifi er type was assessed with and without carbon capture and sequestration (CCS). The individual confi guratio...

We consider option hedging and pricing for a large agent. The large agent affects the market’s demand-supply equilibrium and, therefore, the market prices of financial instruments. By assuming a specific large agent’s effect function for the underlying asset we derive the corresponding effect function for call options on that asset. As we show, the price of a call option in our model is the sol...