Europe has recently become closely associated with LGBTQ rights. It remains unclear, however, what is the role of this association in everyday European imaginations and identifications. Empirical research on identity hardly ever discusses Nor do we know much about identifications people themselves. In article, I address those gaps from perspective Polish LGBTQs UK. Drawing 30 interviews a recen...

Many underlying assets of option contracts, such as currencies, commodities, energy, temperature and even some stocks, exhibit both mean reversion and stochastic volatility. This paper investigates the valuation of options when the underlying asset follows a mean-reverting lognormal process with stochastic volatility. A closed-form solution is derived for European options by means of Fourier tr...

Jaume Masoliver‡ Departament de F́ısica Fonamental, Universitat de Barcelona, Diagonal, 647, E-08028 Barcelona, Spain (Dated: May 28, 2008) Abstract We study the pricing problem for a European call option when the volatility of the underlying asset is random and follows the exponential Ornstein-Uhlenbeck model. The random diffusion model proposed is a two-dimensional market process that takes a ...

Most of the literature has treated EU enlargement and the transition of Central and Eastern Europe, two of the most memorable events in recent history, as separate events. We argue that such separation is not warranted; it obfuscates an important fact, namely that the reform process in many Central and East European countries has taken a sui generis turn precisely because of the external EU opt...

Abstract. Here we develop an option pricing method for European options based on the Fourier-cosine series, and call it the COS method. The key insight is in the close relation of the characteristic function with the series coefficients of the Fourier-cosine expansion of the density function. In most cases, the convergence rate of the COS method is exponential and the computational complexity i...