We study a novel pricing operator for complete, local martingale models. The new pricing operator guarantees put-call parity to hold and the value of a forward contract to match the buy-and-hold strategy, even if the underlying follows strict local martingale dynamics. More precisely, we discuss a change of numéraire (change of currency) technique when the underlying is only a local martingale ...

The respective study covers three aspects; factors determining credit rating, credit rating impact on performance of entities and the relation between stock returns and credit rating. The study focuses on the firms listed in Taiwan Stock Exchange (TSE) of Taiwan. The empirical analysis uses the data of 50 firms rated by Taiwan Ratings Corporation (TRC) for the period 2010-2015. Two estimation t...

Various papers have reported on the differential performance of virtual machine instances of the same type, and same supposed performance rating, in Public Infrastructure Clouds. It has been established that instance performance is determined in large part by the underlying hardware, and performance variation is due to the heterogeneous nature of large and growing Clouds. Currently, customers h...

A recently suggested method for evaluating computer performance is applied to real processors. The method is based on notion of Computer Capacity, which is determined only by the computer architecture and can be computed theoretically on the design stage. The computer capacity for di®erent Intel and AMD processors is calculated and the results are compared with those of widely recognized benchm...

This study investigates cross-border collaboration between beef organisations in Australia and Singapore. It aims to identify factors impacting trust and technology diffusion by gauging gaps between expected importance and perceived performance rating of the factors. The research presents results of a survey comprising 69 beef organisations from Australia and Singapore. The research identifies ...

The excellent performance of the contemporary x86 processors is partially due to the complexity of their memory architecture, which therefore plays a role in performance engineering efforts. Unfortunately, the detailed parameters of the memory architecture are often not easily available, which makes it difficult to design experiments and evaluate results when the memory architecture is involved...