For its theoretical interest and strong impact on financial markets, option valuation is considered one of the cornerstones of contemporary mathematical finance. This paper specifically studies the valuation of exotic options with digital payoff and flexible payment plan. By means of the Incomplete Fourier Transform, the pricing problem is solved in order to find integral representations of the...

Petri nets are a subject of interest to researchers since more than 30 years. They became popular since they allow the graphic representation of computational structures and have a formal underpinning that allows formal proofs of properties. Their use in engineering, however is limited to a rather small number of applications. Many of the graphic notations used in practice are very similar to t...

Wound healing is a complex biologic process with initial inflammation, granulation tissue formation, and matrix remodeling. We observed the relation between angiostatic effects and corticosteroid administration time in the rabbit ear chamber. Angiogenesis in the chamber was studied using a microscope-television system. Two experiments were undertaken to represent the systemic and the topical ad...

This article presents a statistical approach to the scheduling of divisible workloads. Structured as a task farm with different scheduling modes including adaptive single and multi-round scheduling, this novel divisible load theory approach comprises two phases, calibration and execution, which dynamically adapt the installment size and number. It introduces the concept of a generic installment...

Welcome to Glaucoma Today’s second installment of “Bench to Bedside: How Laboratory Studies May Better Explain Why Procedures Work and Why They Fail.” The essence of this series is to explain the “why” of the clinical quandaries we glaucoma specialists often face. This group of articles tackles why canal-based surgery does not lower IOP to episcleral venous pressure (EVP). One would think it sh...

In situated dialogue with artificial agents (e.g., robots), although a human and an agent are co-present, the agent’s representation and the human’s representation of the shared environment are significantly mismatched. Because of this misalignment, our previous work has shown that when the agent applies traditional approaches to generate referring expressions for describing target objects with...

Abstract Wind energy has become one of the main sources green having reached a peak 220 GW installed wind capacity in 2020 European Union according to TPA report (2021). With expansion installments, project management field also had numerous challenges terms estimating projects worth implementing capital and operating costs, as well benefits. The present article presents method evaluating proje...