Non-parametric and computational methods of option pricing have recently attracted attention of researchers. These typically include highly data intensive, model-free approaches that complement traditional parametric methods. Non-parametric and computational methods of option pricing typically include highly data intensive, model-free approaches that complement traditional parametric methods. O...

In this paper we apply active learning algorithms for dynamic pricing in a prominent e-commerce website. Dynamic pricing involves changing the price of items on a regular basis, and uses the feedback from the pricing decisions to update prices of the items. Most popular approaches to dynamic pricing use a passive learning approach, where the algorithm uses historical data to learn various param...

Recently, cloud computing has become a promising network platform for non-trivial applications. The key feature of cloud computing is on-demand resource provision by utility paradigm. Therefore, resource pricing mechanism plays an important role for realizing on-demand resource provision. Unfortunately, existing resource pricing mechanism will result in many negative effects on system performan...

The presentations in this session dealt with four broad variables that influence child and adolescent (youth) use of tobacco--pricing, industry advertising and promotion, access, and prevention programs. Changes in pricing, advertising and access attempt to reduce the supply of tobacco products to youth, and are thought of as supply-side approaches. Prevention programs attempt to reduce demand ...

This paper focuses on modeling foreign exchange return behavior that would result in more accurate currency options pricing. These alternative approaches namely, implied volatility model (IVM), realized volatility model (RVM) and GARCH (1,1) volatility model (GVM) are used in this study. The results, in general suggest that RVM outperforms both IVM and GVM in pricing currency options. In-sample...

the main objective of this article is to present a comparative study of capital assets pricing models (capm) with extrapolating capital assets pricing models (x-capm) of companies admitted in tehran exchange market which is accomplished for the first time by investigators of this research in iran. accordingly, the statistical population under study of this research includes all companies admitt...

This article provides an overview of market-based option pricing and its applications. First, two fundamental approaches for market-based option pricing from the literature are introduced. Then, three important new processes, the deterministic volatility model, the stochastic volatility model, and a model including jump, are discussed. Finally, several empirical analyses on the NIKKEI225 option...